Taxes
  • The Incredible Shrinking Tax Rate for the Rich

    By Michael Rainey

    The highest-income households in the U.S. have seen an enormous reduction in their overall tax burdens since 1950, a development highlighted Sunday by The New York Times’ columnist David Leonhardt,...

  • Would a Warren/Sanders Wealth Tax Kill the Economy?

    By Michael Rainey

    As Democratic presidential candidates debate a variety of new social programs, from universal health care to free higher education, Elizabeth Warren and Bernie Sanders are calling for a wealth tax to...

  • IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor

    By Paul Kiel, ProPublica

    The IRS audits the working poor at about the same rate as the wealthiest 1% . Now, in response to questions from a U.S. senator, the IRS has acknowledged that’s true but professes it can’t change...

  • Senator Elizabeth Warren delivers a major policy speech  in Washington

    Elizabeth Warren Wants to Tax Corporate Lobbying

    By Michael Rainey

    Elizabeth Warren released a proposal to tax companies that spend more than $500,000 a year on lobbying the federal government. The goal of the plan is to “end lobbying as we know it,” Warren said in...

  • Tents and tarps erected by homeless people are shown along the sidewalks in the skid row area of downtown Los Angeles, California

    Rising Income Inequality Is a Fiscal Risk: Moody’s

    Income inequality in the United States last year reached the highest level since the Census Bureau started tracking it more than 50 years ago, even as median household income also reached a nominal...

  • When the Social Safety Net Is a Smart Investment

    By Michael Rainey

    Social welfare programs in the U.S. are sometimes seen as expenses that lawmakers should attempt to minimize, but a new paper from two economists at Harvard University shows that some programs...

  • U.S. President Trump listens to reporters during bill signing ceremony in the Oval Office of the White House in Washington

    Is Trumponomics a Failure?

    By Michael Rainey

    The Republican tax cuts, combined with a big jump in government spending, produced a period of faster economic growth over the last year and a half, according to an analysis by Howard Gleckman and...

  • Paul Ryan with tax return postcard

    IRS Pulls the Plug on the Postcard Tax Form

    By Michael Rainey

    As they pushed their tax overall package in 2017, Republican leaders would sometimes display a tax form printed on a postcard as proof that the Tax Cuts and Jobs Act would simplify life for millions...

  • Taxes

    Raise Taxes on the Rich? Why Dems May Need to Think Bigger

    As they head into their second round of primary debates tonight, Democrats are having the wrong argument about taxes, argues Monica Prasad, a sociology professor at Northwestern University’s...

  • Senator Elizabeth Warren delivers a major policy speech  in Washington

    How Much Would Warren’s Ultra-Millionaire Tax Really Raise?

    Elizabeth Warren says her proposed wealth tax — 2% on Americans with assets above $50 million, or 3% for those with more than $1 billion — would raise $2.75 trillion over 10 years, based on estimates...

Taxes Directory

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