Taxes
  • Trump on the $22 Trillion National Debt: 'Growth Will Straighten It Out'

    By Michael Rainey

    President Trump was asked at his wide-ranging press conference Friday about the roughly $2 trillion increase in public debt during the first two years of his administration: Question: Let me also ask...

  • 		<p>Limit itemized deductions to 15 percent, with special provisions to maintain incentives for charitable giving.</p>    <p>      <strong>Broader benefits to U.S. economy</strong>      <br />Raises revenue more efficiently by reducing tax expenditures;

    Poll of the Day: Democrats and Taxes

    By The Fiscal Times Staff

    Democrats and Republicans receive roughly equal grades when it comes to the question of which party is best suited to handle taxes, according to an analysis by Navigator , a polling and research...

  • Amazon unveils effort to develop original TV shows

    Amazon Pulls the Plug on NYC Headquarters

    By Michael Rainey

    Amazon is canceling its plan to build a corporate campus in New York City, the company announced Thursday. The decision comes following months of local criticism of the project, in which the company...

  • The Great Debt Debate: How Dangerous Is It?

    By Michael Rainey

    MIT economist Olivier Blanchard caused a stir in fiscal circles last month with an academic paper suggesting that current levels of public debt may be less worrisome than many experts think (see our...

  • Eighty-four percent of Americans receiving refunds intend to pay down debt, save or invest.

    Why Smaller Tax Refunds Could Ding the Economy

    By Michael Rainey

    Although tax season has only just begun, early data from the IRS shows that the average individual tax refund is 8.4 percent smaller so far this year. Some critics have been quick to blame the...

  • So Much for ‘Tax Reform’?

    For years, economists and tax experts have found a broad consensus around the idea that the U.S. tax code needed to be cleaned up. Tax reform, in Washington parlance, generally meant an overall...

  • FILE PHOTO:  U.S. President Trump displays signature after signing tax bill into law at the White House in Washington

    How Americans Think the Trump Tax Cuts Will Affect Them This year

    The Federal Reserve Bank of New York surveyed heads of households about the new tax law. It found that about 37 percent expect their financial situation will improve over the next 12 months as a...

  • Tax Cuts Vs. Gas Prices

    By Michael Rainey

    Most Americans haven’t noticed much of a tax cut windfall in their paychecks, but there’s a good chance they’re noticing gas prices as they climb toward $3 a gallon, and that could have negative...

  • Corporate Tax Cuts a ‘Gift That Keeps on Giving’

    By Michael Rainey

    If the first quarter financial results are any indication, the Republican tax cuts are providing larger-than-expected benefits for American corporations, says Bloomberg’s Stephen Gandel . And if the...

  • Beer/Ale/Alcoholic Cider

    Map of the Day: Beer Taxes in Every State

    By The Fiscal Times Staff

    Taxes are the largest single part of the retail price of beer, accounting for roughly 40 percent of what consumers pay at the register, according to the sounds-awfully-fun-to-work-at Beer Institute...

Taxes Directory

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