The Trump administration is considering a change to capital gains that could be a windfall for the rich. A scholar explains what they are and how they’re taxed.
Tariffs may help certain industries, but their broader impact on middle- and lower-income consumers is generally harmful.
Reuters/Lawrence Bryant
The president says he’s fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.
Treasurer Scott Morrison may be happy with a budget in balance by 2019-20, but the rising burden on individual taxpayers is a worry.
Mick Tsikas/AAP
Personal income taxpayers are shouldering more of the burden, while less revenue is coming from taxes on companies, capital and consumption. Only major reforms will change these sustained trends.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU.
AP Photo/Jeff Chiu
The tax agency, as it happens, singled out both conservative and liberal groups seeking tax-exempt status for extra scrutiny. But the myth that it picked on the tea party movement hasn’t gone away.
The IRS is friendlier than you think.
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While people often want to cheat in certain cases if it would benefit them, they also want to think of themselves as honest. Here are three steps to stay honest while filing taxes.
It may opens doors but follows wherever you go.
AP Photo/Benny Snyder
Congress changed the tax system to benefit companies with overseas operations but failed to help Americans actually living abroad, who still face punitive taxation.
Those demanding free higher education don’t realise this would be a regressive policy.
Reuters/Mike Hutchings
The ethical and political reasons to avoid free higher education are unambiguous.
Pres. Dwight Eisenhower, right, looking at a map in 1955 of highways to be built with federal funds that retired Gen. Lucius Clay, left, had outlined.
AP Photo/Byron Rollins
New York, California and other high-tax states are angling to use the charitable deduction and state payroll taxes as workarounds to shield both their residents and their revenue.
There are signs that non-rich Americans are growing less tolerant of tax cuts that mainly boost the wealthy’s bottom line.
Reuters//Eduardo Munoz