Joe Biden's middling economic policies are a chance to cut through the bitter polarisation of US politics.
Congress tends to use the tax code to implement policy, which increases complexity and creates loopholes wealthy taxpayers like Trump can exploit.
This measure, included in a pandemic relief package, is supposed to encourage Americans to give more to nonprofits.
Taxation is one tool politicians think they can use to influence the economy and make life fairer for Canadians.
Constructing buildings to rent, rather than sell, may fulfil important housing policy objectives – but it won't take off without tax reform.
The health of American democracy could be at stake.
Congress can fix this by updating the tax code.
Trump's plan to slap $200 billion more in tariffs on Chinese goods is premised on yesterday's waste-fueled economy. Tomorrow's economy is 'circular.'
Companies like Uber and Etsy don't have to tell most of the people working with them how much they've earned. With the federal government so behind the curve, some states are changing their rules.
The lost incentives to give are likely to make a bigger difference than the small uptick in economic growth expected from the new law.
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.
Historically, wishful thinking has blunted pushback.
Giving could decline by $21 billion or more per year.
American voters would not give more money to the wealthy.
More than US$20 billion per year in giving is potentially at stake.
The tax bill that just cleared the Senate contains sweeping changes to nearly every facet of American life.
If Americans become less healthy and have less access to health care, then everyone loses.
Far from dispelling the notion among Americans that the system is 'rigged' against them, Republican tax plans are more likely to make matters worse.
The House just passed its version of the tax plan, which includes about US$1 trillion in cuts for corporations. The question, who will be left holding the potato?
Supply-side economics is the intellectual backbone of the argument that tax cuts for the wealthy will boost business investment, wages and growth. The evidence suggests otherwise.