Taxes
  • Corporate Tax Receipts Continue Their Slide

    By The Fiscal Times Staff

    “Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases,”...

  • Flush with Tax Revenue, States Prepare for the Next Recession

    U.S. states got hammered by the Great Recession, but they’re now better prepared than ever for the next economic downturn, according to a report released Thursday by the National Association of State...

  • FILE PHOTO: U.S. Democratic presidential candidate and former Vice President Joe Biden campaigns for the 2020 Democratic presidential nomination in Pittsburgh

    Biden Slams Amazon as Prime Example of Broken Tax System

    By Michael Rainey

    Democratic presidential candidate Joe Biden took aim Thursday at the way companies pay taxes in the U.S., citing Amazon as an exemplar of a deeply flawed system that allows billion-dollar companies...

  • U.S. President Trump celebrates with Congressional Republicans after passage of GOP tax bill at the White House in Washington

    How Washington Stopped Worrying About the Debt

    By Michael Rainey

    A major attitude shift has washed over Washington, The Wall Street Journal’s Kate Davidson and Jon Hilsenrath wrote Thursday: “Political support for taming federal debt has melted away.” Not so long...

  • 7 Ways to Fix America’s Fiscal Mess

    Tackling the $22 trillion national debt can be done in very different ways. Underscoring that point, the Peter G. Peterson Foundation, a non-profit, non-partisan organization focused on increasing...

  • U.S. President Trump visits Lake Okeechobee in Canal Point, Florida

    The True Cost of Trump's Tariffs

    By Michael Rainey

    Markets reeled Tuesday as investors contemplated President Trump’s latest threats in his burgeoning trade war with China. Amid news that trade talks weren’t going well, the president threatened on...

  • The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei, Taiwan April 13, 2017. REUTERS/Tyrone Siu

    Big Tech IPOs Set to Deliver Tax Windfall in California

    By Michael Rainey

    At least six California-based companies worth more than $1 billion are expected to go public this year, Adam Beam of the Associated Press reports , and those IPOs will likely create a surge of tax...

  • 3. Washington, D.C.

    The Biggest Hurdle to an Infrastructure Deal

    By Michael Rainey

    President Trump confirmed over the weekend that he was considering a large-scale infrastructure plan that Democrats said they had discussed last week. In a tweet Saturday, Trump wrote : “There is...

  • How Will Trump Pay for Infrastructure? 3 Reasons It’s So Hard to Raise the Gas Tax

    By Michael Rainey

    Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) announced Monday that President Donald Trump has agreed with Democratic lawmakers to pursue a massive infrastructure deal...

  • President Donald Trump and House Ways and Means Committee Chairman Kevin Brady smile at each other after the U.S. Congress passed sweeping tax overhaul legislation, on the South Lawn of the White House in Washington

    The Story Behind the 2017 Tax Cuts

    By The Fiscal Times Staff

    The Center for Public Integrity has a new report examining how Republicans created and passed their tax cuts package in 2017. Here’s an overview from the piece: "What would become known as the 2017...

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