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Articles on Taxes

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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

Why Trump may usher in the biggest gas tax hike ever

Despite all their anti-tax sentiments, Republicans from Hoover to Trump have embraced this levy on sales at the pump.
New York Gov. Andrew Cuomo vows he will fight to protect his state from fallout from the new tax law. AP Photo/Hans Pennink

Why states may get away with creative income tax maneuvers

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.
Protesters shout their disapproval of the Republican tax bill on Nov. 28, 2017. AP Photo/J. Scott Applewhite

The GOP doesn’t care if you like its tax plan. Here’s why

If Republicans don’t cut taxes on the wealthy when they have control of both houses of Congress and the presidency, what do they live for?
The proposed tax bill could make higher ed even less affordable. AP Photo/Rich Pedroncelli

How the tax package would slam higher ed

Republican lawmakers say the proposed changes to the tax code would ‘streamline’ higher ed benefits. But this overhaul would squeeze many, if not most, students and schools.
Why so grim? Oh, tax cuts. AP Photo/Pablo Martinez Monsivais

Why tax cuts make us less happy

The Republican tax plan would ultimately make the current system less progressive while reducing the overall burden, two things research shows make countries less happy.
Attendees chat during Dell Women’s Entrepreneur Network conference in 2014. Jack Plunkett/AP Images for Dell

How the US tax code bypasses women entrepreneurs

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.
Finance Minister Bill Morneau is not the first Canadian politician to hold the job who’s been confronted with outrage over tax reform proposals. But it’s time to listen to people who get riled up about tax increases. THE CANADIAN PRESS/Andrew Vaughan

Why we should listen to people angry about their taxes

Outrage over tax reform is nothing new. But if we can’t be calm about tax, we can at least learn from the stories spoken in anger.
Speaker Paul Ryan talks about the new GOP tax plan. Reuters/Kevin Lamarque

Do tax cuts stimulate the economy more than spending?

President Trump recently released his tax plan, but he’s also said he wants to stimulate the economy with infrastructure spending. Is one more effective than the other at boosting growth?

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