Treasury Secretary Steven Mnuchin offers details of his boss’ proposed tax cut. ‘It’s big.’
Carolyn Kaster/AP Photo
The bar for achieving that lofty goal was set almost 150 years ago when Congress cut taxes from as high as 10 percent to zero over two years.
No one likes taxes.
John Bazemore/AP Photo
As tax day approaches, here's a primer on how your dollars help fund the U.S. government, and how your share has probably increased.
Mark Zuckerberg and Priscilla Chan are giving billions to charity through their donor-advised fund instead of a traditional foundation.
Jeff Chiu/AP Photo
As these tax-exempt vehicles transform philanthropy, they’re drawing more scrutiny. Will Congress or the Trump administration tinker with the rules that encouraged their rapid growth?
With widening income differences and growing social divisions, citizens are less willing to support each other and taxpayers less willing to pay taxes.
Analysis shows that rising inequality over the past 20 years makes it harder to increase taxes and makes citizens less willing to pay them.
Only about one-third of all registered charities are eligible for tax-deductible donations.
The current system of determining which organisations can receive tax-deductible donations and which cannot is overly complex and ad hoc.
Who’s doing it tougher?
Beyond debates about the avocado smash generation lies some misnomers on which generation had it better.
Look in Scott Morrison’s show bag and the contents are sparse for most voters.
What a paradox! This is an election-eve budget without big sweeteners to woo the voters.
A handful of ideas to fix the tax system.
A better tax system and long-term budget sustainability starts with this blueprint.
If states controlled school funding it could lead to innovation that otherwise might not be possible.
If states controlled more of their school funding, competition could lead to innovation where the best ideas are adopted nationwide.
Prime Minister Malcolm Turnbull will face off with state premiers today.
There's more than one way to restore Australia to genuine federation.
West Australian Premier Colin Barnett is the only state premier putting his support behind Malcolm Turnbull’s federation proposal.
Free market economists love the idea, but not everyone would welcome the competition.
The Curtin Labor Government in 1942 started the process to take income tax from the states.
National Library of Australia
The states have historically fought to keep their income tax powers so it seems a joke to see a rejection of the Federal Government's proposal to give these powers back.
Prime Minister Malcolm Turnbull faces an uphill battle convincing all the states to agree to federation reform.
There's a reason the states have generally agreed to levy taxes in a uniform way.
Malcolm Turnbull announced his new income tax plan while visiting the Penrith Panthers Rugby League Academy on Wednesday.
Paul Millar/AAP Image
By proposing a dramatic shake-up of income taxing powers Turnbull has thrown himself into a contest that will test his policy and persuasive skills to the hilt.
Malcolm Turnbull plans to raise the idea of states’ access to income tax at this week’s COAG meeting.
Just when we thought the tax debate was winding down to minimalism, as least as far as the federal government was concerned, Malcolm Turnbull has decided to throw a curveball. The government is preparing…
Treasurer Scott Morrison has backed away from the personal income tax cut he had been hinting at.
It's not easy to prove which type of tax cut will drive more jobs and growth.
Why stop at 17%?
Scott Morrison told a Melbourne business summit a path for lower personal and company tax could not all be done in one budget.
Treasurer Scott Morrison has moved to dampen expectations about the government's ability to provide early personal income tax cuts.
South Africa’s Finance Minister Pravin Gordhan’s budget fell short on cost-cutting details.
The budget showed some sense of urgency but still fell short on implementation plans. There should have been more, particularly details on cost-cutting initiatives.
Economic models are not likely to give Prime Minister Malcolm Turnbull any magic answers on tax reform.
The gains from modest tax reform are not likely to be a revolution in Australia.