Some think that a carbon tax may have prevented the Volkswagen diesel scandal. A straightforward carbon tax has the potential to replace the confusing stick-and-carrot system we have currently. There would be less incentive to cheat.
The Cadillac tax can seem a little counter-intuitive, but it slows down spending on healthcare. Without a replacement, the removal of the cadillac tax will just aid the ever increasing costs of healthcare in America.
And, it turns out, Trump’s new tax plan would not only benefit hedge fund managers, but also millions of others with the flexibility to change the way they are paid.
Donald Trump has unveiled his own tax plan. Unfortunately, the details are vague, but the cuts are huge.
Senate Democrats are pushing a bill that takes only small steps toward cleaning up energy tax breaks. There are better ways to clean up the tax code, but this is a small step in the right direction.
Things should be looking up for most states, but state budgets and their futures look increasingly uncertain.
Jeb Bush has been cautious about claiming his tax plan is a tax cuts, but the economists around him have not. The side-effects of the proposed cuts could be dramatic.
At first glance, GOP presidential hopeful Jeb Bush’s tax reform plan is a standard lower-the-rates, broaden-the-base overhaul of the revenue code. But a closer look shows a something-for-everyone stew filled with interesting ingredients—most basic GOP fare but seasoned with a few surprising ideas.
With income growing faster than inflation and myriad other factors, real tax creep will result in individual tax increases whether or not Congress officially raises taxes.
President Obama has painted a grim picture of what the world looks like if climate change is not addressed. One solution might be a carbon tax.
Tax season might be getting worse for many as individual income tax revenue raises. Payroll and corporate income taxes will likely stay the same.
Scott Walker's new replacement plan for the Affordable Care Act is already coming under fire. Here is why many feel it won't help the people who need it most.
New rules mean greater transparency for State tax subsidies. Although the new rules don't mean full disclosure, states will now be required to disclose many of the details surrounding lucrative tax subsidies.
Hillary Clinton so far seems disinterested in fundamentally restructuring the tax code. Instead, she’d retain the framework of the current tax law, while tweaking the code to encourage--or discourage--certain activities.
Marco Rubio cashed out nearly $70,000 in IRA savings last year, but he's not the only 40-something draining a retirement account. Leaks in retirement savings are common – worryingly so among low-income and minority savers.
Tax fraud has grown to include a variety of ways for crooks to use the identities of innocent taxpayers to steal money. And it's happening just as the IRS is trying to make itself more accessible online, which could prove disastrous for taxpayers and the agency alike.
Tax reform? Sure. Rate cuts? Absolutely. But so far at least, national Republicans seem more willing to tackle same-sex marriage than big Ronald Reagan/George W. Bush-style tax cuts.
Certain lawmakers think states can generate powerful economic growth by cutting income tax rates, especially top rates. But does economic research support the claim?
Marco Rubio is trying to juggle the demands of his party’s base and a more centrist, forward-looking political agenda. Nowhere is it more obvious than in his tax policy.