When it comes to taxes, how much can they be swayed by perception?
The 2016 Republican Party platform demands that Congress impeach and convict Internal Revenue Service Commissioner John Koskinen. Impeaching the commissioner may be good political theater, but it's bad for the country.
According to the Tax Policy Center, Clinton's tax proposals could cut $1.2 trillion off the national debt within one decade while Trump's proposals could add $11.2 trillion to the debt.
Democratic presidential nominee Hillary Clinton's tax proposals would raise $1 trillion over the coming decade—and nearly all of it would come from high-income households.
While he was governor of Virginia, Tim Kaine proposed tax hikes to pay for new government programs and tax cuts for low- and middle-income residents. It’s a combination that closely parallels Clinton's tax proposals for the nation.
Britain's vote to leave the European Union may indicate a growing distrust of experts in advanced countries. In order for trust in research and expert opinion to be restored, transparency in funding and peer review should be standard practices.
In an effort to encourage investors and businesses to think long-term, Hillary Clinton has proposed changing how we tax capital gains.
Donald Trump's proposed tax plan could add $11 trillion to federal debt over the next ten years with a revenue reduction that would be the largest in history.
Though policymakers are often consumed with discussing the top tax rate, only one percent of couples are in the 39.6 percent tax bracket. The majority of American incomes are taxed at 15 percent or less.
Nearly half of Americans pay no federal individual income taxes, according to the Tax Policy Center.
It is worth considering the Congressional Budget Office’s fiscal forecast, out today, as you think about the campaign promises of Hillary Clinton and Donald Trump. In that context, Clinton’s agenda is merely irresponsible. Trump’s is fiscal madness.
Organizations such as churches are often faced with the choice between tax-exempt status and use of their political voice.
PROMESA, legislation regarding Puerto Rico's debt crisis, will lend Puerto Rico money for legal and financial consultants and create a Financial Oversight and Management Board. The task at hand now is growing the Puerto Rican economy.
Washington's metro system is in dire need of repair, but without dedicated funding, where the money for repairs will come from is up in the air.
Though the government benefits programs in the United States lack efficiency, a universal basic income isn't the solution.
In 2018, the federal government could be paying more than $900 billion in interest—nearly twice what it pays today. By 2026, it could be paying more than $1.8 trillion in debt service, 50 percent more than under current fiscal policy.
Sanders has introduced many ideas for tax reform, and these ideas might just outlive his candidacy for president.
Even though withdrawals from IRAs are taxed, IRAs are considered tax-free. Here is how economists' math works out.
The proposed PHIT Act could result in a tax break on sporting equipment. Will a tax incentive encourage getting fit or act as a tax break for the wealthy?
In November, voters will consider ballot initiatives to raise the minimum wage in eight states, following the decision by the California legislature to phase in its own version. We used the Urban Institute’s Net Income Change Calculator (NICC) to get a sense of how these wage changes would affect the bottom line for a sample family.