Citizens voting directly on policy seems like a good idea. But that led to the Brexit mess in the UK. In the US, two scholars say direct democracy deepens distrust of politics and government.
The IRS estimates that up to 40 privately run schools may be affected by this measure in the 2017 tax reform package.
The Stage 3 cuts would make Australia's income tax system the least progressive in 60 years.
Although far fewer Americans took the charitable deduction on their tax returns, giving stayed fairly steady, according to the annual Giving USA report.
All the polls suggested the Keating government would be finished at the 1993 election – until Opposition Leader John Hewson launched a 650-page policy document called "Fightback!".
A country's tax policies say a lot about what it values – and some of America's tend to promote inequality.
If tax seasons is stressing you out, a look at the worst things that could happen to you if you mess up – and why they're so unlikely – may help.
As House Democrats prepare their agenda for the next two years, dealing with America's massive fiscal gap should be at the top of their list.
Big social and economic reforms are rare. What's much more common is tinkering. It happens all the time and shapes the big changes when they come.
Real tax reform is about more than cutting taxes to woo voters. It's about making the system fairer.
South Africans debating the zero rating of certain products for VAT purposes must realise it isn't a panacea for poor people and should be accompanied by other policies.
Minister for Finance Mathias Cormann said corporate tax cuts in the US had led to 'stronger investment, stronger growth, a lower unemployment rate and higher wages'. Let's take a closer look.
Canada is the only G7 country that doesn't have an inheritance tax. A new report says that should change. The idea of sharing the wealth from one generation to another is not new.
The review of South Africa's list of zero rated VAT items faces a tricky challenge of shielding the poor while ensuring that the relief isn't exploited.
An April 2017 survey explored Americans’ opinions about government intervention and welfare policies. It found that on average, they want more from their government, but are highly polarised.
The unknown loser is who pays for the additional Commonwealth funding.
Housing affordability has declined significantly over the past few decades. Slowly reducing negative gearing and capital gains, and switching to property taxes, could reverse this trend.
The complexity of the reforms might jeopardise the necessary cooperation of overseas businesses, and place consumers at risk of paying wrongly charged GST.
New modelling shows negative gearing and capital gains taxes can be reformed in a way that doesn't impact poorer investors.
Congress changed the tax system to benefit companies with overseas operations but failed to help Americans actually living abroad, who still face punitive taxation.