• US Taxes Lower Than in Most Developed Countries

    By Michael Rainey

    The Tax Policy Center on Monday released a chart that reminds us once again that taxes are lower in the U.S. than in most developed nations – and that was true even before the Republican tax cuts...

  • Monopoly

    Chart of the Day: Weak Effects of the Corporate Tax Cut

    By Michael Rainey

    Business investment has risen since the GOP tax cuts were signed into law by President Trump in 2017, but it’s not clear how much a contribution the tax cuts made to the relatively modest investment...

  •  U.S. President Trump hosts Medal of Honor ceremony for Atkins at the White House in Washington

    Trump’s ‘Terrible’ New Tax Cut Idea

    The Trump administration has been considering another tax cut that would primarily benefit the rich — and add about $100 billion to deficits over 10 years. The proposed change would reduce the taxes...

  • Who Isn’t Paying Income Taxes?

    By Michael Rainey

    Ten years ago, an economist at the Tax Policy Center calculated that 47% of Americans paid no federal income tax. That figure gained a degree of infamy in 2012 when presidential candidate Mitt Romney...

  • A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach, California, September 8, 2016. REUTERS/Lucy Nicholson/File Photo - RTSS0CF

    Number of the Day: $63 Billion

    The U.S. Treasury collected $63 billion in tariffs over the 12 months through June up from about $30 billion a year before, The Wall Street Journal reports . Tariff revenue is on pace for $72 billion...

  • No Love for Public Campaign Financing

    By Michael Rainey

    If you didn’t check off the "Presidential Election Campaign" box on your tax form this year, you’re not alone. The percentage of filers who have elected to direct a few dollars to the Presidential...

  • President Donald Trump delivers remarks on the Infrastructure Initiative in Richfield

    The Problem with Trump's Populism

    By The Fiscal Times Staff

    The New York Times’s Jonathan Martin and Maggie Haberman write that President Trump’s actions as president haven’t matched his populist rhetoric — and that, as the 2020 elections grow nearer,...

  • The Big Drop in Corporate Tax Rates and Revenues

    By Michael Rainey

    A new analysis by The Wall Street Journal finds that the median effective global tax rate for S&P 500 companies dropped by more than five percentage points after the 2017 tax cut package went...

  • Potential 2020 Democratic presidential candidate Warren speaks in Manchester

    Wealth Taxes and Medicare for All Are Popular – but Democrats Are Worried They Could Backfire

    By Michael Rainey

    Polls show that some of the Democratic Party’s most progressive policy proposals – including Medicare for All, free college tuition and a new tax on wealthy households – are broadly popular with...

  • Senator Rand Paul (R-KY) speaks to reporters after Senate Republicans unveiled their version of legislation that would replace Obamacare in Washington

    Jon Stewart vs. Rand Paul on 9/11 Victims Fund

    The bill providing compensation to 9/11 responders, which easily passed the House last week, stalled in the Senate Wednesday, as Sen. Rand Paul (R-KY) objected to an attempt to pass the legislation...

Taxes Directory

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