Policymakers should consider how to use the civic obligation of tax filing as an opportunity for civic education about the true structure of the income tax.
Congress could close the nation’s tax loopholes without waiting for comprehensive tax reform. And, if Congress does its job right, the US Department of the Treasury could stop patching the corporate tax quilt on its own.
The impact of sales taxes does not always come as a surprise. But there’s another kind of tax whose impact might surprise a lot of us: Tariffs that are imposed on imported goods.
President Barack Obama and Speaker Paul Ryan have proposed similar expansions of the earned income tax credit (EITC) for low-income workers that don't have children. But as designed, their proposals could actually penalize many low-income workers who choose to marry or are married.
Ryan, who became speaker because he is both a strong partisan and a smart man, cleverly conflates two ideas: By raising the notion of 'static distribution,' he describes the growth and distributional effects of tax policy as if they are the same thing. They are not.
Thanks to a District of Columbia (DC) holiday, the IRS moved Tax Day back three days to April 18 this year.
Britain will soon be introducing a three-tiered structure for taxing sugary drinks, beginning in 2018. How does the Brits' plan differ from those that other governments have implemented?
It’s good to be rich. Depending on who becomes the next president, it could get a lot better or a lot worse.
Revenues are determined by more than policy decisions. A state’s geography, demographics, and economic mix all affect tax collections.
Individuals in non-traditional family structures are finding that their tax returns are becoming increasingly complicated.
Many states are turning to tax incentives as one way to boost income in a still-rough economy. But they aren't the only thing that can help.
Secretary Clinton would boost federal revenues by $1.1 trillion over the next decade. But those changes would make the tax code more complex, especially for high-income households, and reduce incentives to work, save, and invest.
Alphabet, Inc. -- Google's parent company -- faces issues with its international tax practices. Meanwhile, tax filers may face a new kind of phishing scam during filing, and what's next for carbon taxes.
Ted Cruz and Marco Rubio released summaries of their tax returns this weekend. Meanwhile, cyberattacks against taxpayers are on the rise, and what's the deal with the financial transaction tax?
A tax on carbon in the United States could raise more than $1 trillion in the next decade. There are several options for how that money could be used.
Louisiana may need a tax hike, while Ikea is in trouble for tax evasion.
This weekend brings with it a Republican debate in South Carolina. Meanwhile, what's Congress doing about internet taxes, and what's up with President Obama's oil tax?
The Affordable Care Act's Cadillac Tax on high-cost employer-sponsored health plans has few friends on Capitol Hill, but a top administration adviser argues that it is a 'crucial tool' for making the US healthcare system more efficient.
There's a Democratic debate tonight. How do the two remaining candidates compare on tax policy?
The beginning of the year is seeing several big changes in tax policy around the country.