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...

  • Corporate Taxes Are Lower Than Ever

    By Michael Rainey

    The GOP’s 2017 tax overhaul slashed the top corporate tax rate from 35% to 21% and, not surprisingly, business income tax revenues have dropped sharply. A combination of lower tax rates and more...

  • 		<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;

    Enthusiasm for GOP Tax Cuts Has All but Disappeared: Survey

    By Michael Rainey

    Consumer sentiment dropped slightly in the latest University of Michigan survey, with the index registering 96.9 in April, compared to 98.4 in March. Richard Curtin, the survey’s chief economist,...

  • Are US Workers More Highly Taxed Than They Think?

    By Michael Rainey

    Workers in many industrialized countries pay more in taxes than Americans do, but those workers also receive more benefits in exchange – benefits that American workers pay for separately. As a result...

  • A cyclist passes the U.S. Capitol in Washington

    Americans Don’t Trust Government but Don’t Want to Cut Programs, Either

    By Michael Rainey

    According to a new report from the Pew Research Center, Americans show little interest in reducing spending on specific government programs, despite their general lack of trust in the federal...

  • FILE PHOTO: A customer pushes a shopping cart at a Walmart store in Chicago, Illinois, U.S. November 23, 2016. REUTERS/Kamil Krzaczynski/File Photo

    Tweet of the Day: Walmart Swipes at Amazon on Taxes

    By The Fiscal Times Staff

    Walmart’s executive vice president of corporate affairs, Dan Bartlett, responded on Twitter Thursday to a challenge issued by Jeff Bezos to other retailers to match Amazon's $15 minimum wage and...

Taxes Directory

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