Taxes
  • The Incredible Shrinking Tax Rate for the Rich

    By Michael Rainey

    The highest-income households in the U.S. have seen an enormous reduction in their overall tax burdens since 1950, a development highlighted Sunday by The New York Times’ columnist David Leonhardt,...

  • Would a Warren/Sanders Wealth Tax Kill the Economy?

    By Michael Rainey

    As Democratic presidential candidates debate a variety of new social programs, from universal health care to free higher education, Elizabeth Warren and Bernie Sanders are calling for a wealth tax to...

  • IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor

    By Paul Kiel, ProPublica

    The IRS audits the working poor at about the same rate as the wealthiest 1% . Now, in response to questions from a U.S. senator, the IRS has acknowledged that’s true but professes it can’t change...

  • Senator Elizabeth Warren delivers a major policy speech  in Washington

    Elizabeth Warren Wants to Tax Corporate Lobbying

    By Michael Rainey

    Elizabeth Warren released a proposal to tax companies that spend more than $500,000 a year on lobbying the federal government. The goal of the plan is to “end lobbying as we know it,” Warren said in...

  • Tents and tarps erected by homeless people are shown along the sidewalks in the skid row area of downtown Los Angeles, California

    Rising Income Inequality Is a Fiscal Risk: Moody’s

    Income inequality in the United States last year reached the highest level since the Census Bureau started tracking it more than 50 years ago, even as median household income also reached a nominal...

  • No Love for Public Campaign Financing

    By Michael Rainey

    If you didn’t check off the "Presidential Election Campaign" box on your tax form this year, you’re not alone. The percentage of filers who have elected to direct a few dollars to the Presidential...

  • President Donald Trump delivers remarks on the Infrastructure Initiative in Richfield

    The Problem with Trump's Populism

    By The Fiscal Times Staff

    The New York Times’s Jonathan Martin and Maggie Haberman write that President Trump’s actions as president haven’t matched his populist rhetoric — and that, as the 2020 elections grow nearer,...

  • The Big Drop in Corporate Tax Rates and Revenues

    By Michael Rainey

    A new analysis by The Wall Street Journal finds that the median effective global tax rate for S&P 500 companies dropped by more than five percentage points after the 2017 tax cut package went...

  • Potential 2020 Democratic presidential candidate Warren speaks in Manchester

    Wealth Taxes and Medicare for All Are Popular – but Democrats Are Worried They Could Backfire

    By Michael Rainey

    Polls show that some of the Democratic Party’s most progressive policy proposals – including Medicare for All, free college tuition and a new tax on wealthy households – are broadly popular with...

  • Senator Rand Paul (R-KY) speaks to reporters after Senate Republicans unveiled their version of legislation that would replace Obamacare in Washington

    Jon Stewart vs. Rand Paul on 9/11 Victims Fund

    The bill providing compensation to 9/11 responders, which easily passed the House last week, stalled in the Senate Wednesday, as Sen. Rand Paul (R-KY) objected to an attempt to pass the legislation...

Taxes Directory

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