Peter Martin, Crawford School of Public Policy, Australian National University
Asked to choose the fairest ways to raise billions, half of the economists backed introducing inheritance taxes. Around a third chose winding back super tax concessions and increased resource taxes.
The banks of the Hackensack River near an opportunity zone in Jersey City, N.J.
(AP Photo/Julio Cortez)
U.S. opportunity zones can positively impact real estate development and help local communities. But to fully realize the program’s potential, it needs reform.
Donors who itemize their tax returns can get a discount.
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Giving $100 to a favorite charity costs less than that for the roughly 8.5% of Americans who use this tax break.
Since there’s no romantic relationship, judges are likely to default to ruling that platonic marriages are an attempt to game the system.
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Because any two consenting adults can get married in the US, a platonic marriage could pretty easily be pulled off. Legally speaking, though, it’s a sham.
Nurses in November 2016 expressed support for a ballot proposition to limit what California state agencies pay for prescription drugs.
AP/Nick Ut, file
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.
Some states and cities are getting very little for the taxpayer dollars they hand out to companies.
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Recent scandals involving economic development programs in New Jersey and Maryland highlight their many flaws, including a lack of oversight and their ineffectiveness.
Amazon’s plan to build a new headquarters in Long Island City faced significant resistance.
AP Photo/Bebeto Matthews
Amazon nixed plans to build a headquarters in Long Island City after some New Yorkers questioned the wisdom of offering billions in tax breaks in exchange for job promises. A Texas study suggests they had reason to worry.
It’s time to seriously rethink giving tax breaks for charitable donations, since ultimately taxpayers foot the bill for the deductions anyway.
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Several countries — namely Austria, Finland, Ireland, Italy, Sweden and Switzerland — have removed tax benefits for charitable donations. Here’s why Canada should follow suit.
For cities that lost like New Jersey, there may be more than one way to win.
AP Photo/Seth Wenig
Some say the more than 230 cities that lost their bids for Amazon’s second headquarters were dupes in the retailer’s game. In fact, they were willing participants with their own aims.
Fewer Americans fund nonprofits these days.
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The nation’s biggest gun advocacy group operates as a bundle of distinct organizations. It’s a fairly common arrangement, followed also by the likes of Planned Parenthood and the ACLU.
About 1 in 20 taxpayers may fill out this part of their returns beginning with the 2018 tax year.
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Republicans rewriting the tax system have a rare opportunity to fix a major problem: most women-owned companies can’t take advantage of key provisions designed to help small businesses like theirs.
A federal housing incentive could have untapped potential.
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With some tinkering, a federal tax credit that encourages developers to create new units that low-income Americans can afford to rent might yield other benefits.
The number of Americans who can get a tax break through their charitable contributions could tumble during the Trump administration.
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The tax changes Trump and GOP lawmakers propose would reduce charitable giving, research suggests. But letting everyone use a tax break mostly enjoyed by the rich might prevent that.
Professor of Economics and Philanthropic Studies; Associate Dean for Research and International Programs, Lilly Family School of Philanthropy, Indiana University