EconomyNews
On Thursday, the Internal Revenue Service and the Treasury Department withdrew a proposal that would give nonprofits the option of collecting personal information, including the… Read More
EconomyNews
The IRS incorrectly issued more than $46 million in refunds for tax year 2013, government inspectors discovered. The Treasury Department released an internal audit Monday faulting a… Read More
EconomyCommentary
Chalk up another win for the San Antonio Spurs—another stadium deal at taxpayer expense. With $18 million from the city and Bexar County, the NBA… Read More
EconomyNews
Taxing sugary foods and drinks likely would impose increased costs on consumers without significantly altering behavior, researchers argued this week. Donald Marron, director of economic policy… Read More
EconomyCommentary
Early Wednesday morning, the House Rules Committee posted text for the Consolidated Appropriations Act of the 2016 fiscal year (FY). This $1.1 trillion spending package,… Read More
EconomyNews
On the eve of Congress’ Christmas recess, two lawmakers have renewed an effort to give states the power to collect online sales taxes from out-of-state… Read More
EconomyNews
On Capitol Hill, the tax-extender scramble is a Christmas tradition. And now, again, just weeks before lawmakers head home for the holidays, Congress is trying… Read More
EconomyCommentary
The annual ritual is upon us. Congress is busy at work crafting a bill to extend the approximately 50 tax-reducing policies that expire each year,… Read More
EconomyCommentary
Last week, the Tax Foundation released its State Business Tax Climate Index for 2016. This annual report ranks all fifty states (plus D.C.) on how… Read More
EconomyAnalysis
The 2016 tax brackets just announced by the Internal Revenue Service don’t include dramatic changes, largely because of low inflation last year. The brackets will… Read More
EconomyCommentary
The so-called “progressives” love to talk about how their policies will create a worker’s paradise, but then why is it that day after day, month… Read More
EconomyNews
Should taxpayers keep funding public libraries? The majority of Americans, 66 percent, believe that closing public libraries would have little to no impact on themselves… Read More
EconomyNews
In an analysis of Internal Revenue Service income statistics and migration data, Americans for Tax Reform—an advocacy group for lower and simpler taxes—concluded that in… Read More
EconomyNews
Free employee meals may be slapped with a price tag as the Internal Revenue Service inches closer to deciding whether to tax the complimentary perk…. Read More
EconomyNews
The Tax Foundation, a non-partisan research organization, recently unveiled a study indicating the value of $100 in all 50 states. The value of $100 is… Read More
EconomyNews
PROVIDENCE, R.I.—Taxpayers won a key battle with government workers unions this summer when one of Rhode Island’s top politicians withdrew two measures that would have… Read More
EconomyNews
What is the property tax rate in your state? A new map from the Tax Foundation has the answer. The Tax Foundation, a non-partisan research think-tank… Read More
EconomyNews
Gov. Scott Walker, R-Wis., has approved legislation that will use public funds to finance a new stadium for the Milwaukee Bucks basketball team. Wisconsin governor… Read More
EconomyNews
July 31 is known as a day to honor conservative economist Milton Friedman, as he would have been 103 years old if he were still… Read More
EconomyNews
A report released on Thursday morning by the Government Accountability Office unveiled that the Internal Revenue Service specifically audited organizations in a biased manner. “The… Read More
EconomyNews
After nearly 30 years of a virtually unchanged tax system, Americans are calling for a reform to the outdated system. As a result, a group… Read More
EconomyNews
Arthur Laffer sat at dinner with Ford administration officials Dick Cheney and Donald Rumsfeld 40 years ago, sketching his tax policy theory in sharpie on… Read More
EconomyCommentary
President Reagan had a gift for proving his critics wrong. Almost none of the leading economists of the late 1970s thought that his supply-side, tax-cutting agenda, along… Read More
SocietyNews
“Last Week Tonight” host John Oliver is advocating that sports teams stop using public funding to build extravagant stadiums. Oliver cited the Miami Marlins, whose… Read More
EconomyNews
Sorry, Chicagoans: Your Netflix bill is about to go up 9 percent. The Windy City has decided to tax a new source of revenue: streaming… Read More
EconomyCommentary
Rep. Jason Chaffetz, R-Utah, recently introduced legislation to allow state tax collectors to require out-of-state retailers to collect taxes for them, even if the retailer… Read More
EconomyNews
Rep. Jason Chaffetz introduced a new Internet sales tax bill Monday that would allow states to impose an online sales tax on out-of-state businesses. The… Read More
EconomyCommentary
Two threats from lawmakers in Washington could hamper the still ongoing development of the Internet and raise taxes on Americans already struggling under a hefty… Read More
EconomyCommentary
The United States has the most damaging business tax system in the developed world because it taxes its businesses at high rates, taxes them on… Read More
EconomyNews
The cost of enjoying a cold beer can vary widely depending on where you live, according to a new study. In fact, some states have… Read More
