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Articles on tax policy

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Keeping these aspects of taxation in mind can help us hold governments accountable for the taxes that they try to implement and prevent future unethical and legally questionable taxes from being put in place. (Shutterstock)

10 things everyone should know about taxation

Taxes are more than mandatory payments required by governments. Understanding the essential aspects of taxation can help prevent ethically and legally questionable taxes from being imposed.
A woman walks past a banner reading ‘prosperity’ in English and Chinese on a street in central Beijing. (AP Photo/Mark Schiefelbein)

Why there’s no real ‘common prosperity’ campaign in China

The western media has been reporting on Xi Jingping’s supposed ideological turn on bringing prosperity to all of China’s people. But his rule has seen sustained and large tax cuts on the wealthy.
U.S. Rep. Alexandria Ocasio-Cortez making a fashion statement. Ray Tamarra/GC Images via Getty Images

‘Tax the rich’? Democrats’ plans to make the wealthy pay a little more will barely dent America’s long slide from progressive taxation

In 1950, the top 0.01% of earners paid almost 70% of their income in taxes. By 2018, the super-rich paid proportionately less than the average for all other Americans.
The demand for services nonprofits offer is surging. Paul Bersebach/MediaNews Group/Orange County Register via Getty Images

A $300 charitable deduction, explained

This measure, included in a pandemic relief package, is supposed to encourage Americans to give more to nonprofits.

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