Congress changed the tax system to benefit companies with overseas operations but failed to help Americans actually living abroad, who still face punitive taxation.
On Q&A, Australian Chamber of Commerce and Industry chief executive James Pearson said almost 60% of small business owners in Australia are paid $50,000 or less. Is that right?
The lost incentives to give are likely to make a bigger difference than the small uptick in economic growth expected from the new law.
Malcolm Turnbull has raised the prospect of personal income tax relief to help middle-income earners.
Outrage over tax reform is nothing new. But if we can't be calm about tax, we can at least learn from the stories spoken in anger.
Christian Porter said Australia's welfare system 'was costing over 100% of all income tax raised' under Labor after the GFC, and that it's 'around 80%' under the Coalition. Is that true?
Trump's budget is bad in every way. But that doesn't excuse us here of ridiculous assumptions.
Theresa May claims the Conservatives have historically been a party of low taxes. Is she right?
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.
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.
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?
Analysis shows that rising inequality over the past 20 years makes it harder to increase taxes and makes citizens less willing to pay them.
The current system of determining which organisations can receive tax-deductible donations and which cannot is overly complex and ad hoc.
Beyond debates about the avocado smash generation lies some misnomers on which generation had it better.
What a paradox! This is an election-eve budget without big sweeteners to woo the voters.
A better tax system and long-term budget sustainability starts with this blueprint.
If states controlled more of their school funding, competition could lead to innovation where the best ideas are adopted nationwide.
There's more than one way to restore Australia to genuine federation.
Free market economists love the idea, but not everyone would welcome the competition.
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.