Taxes
  • Number of the Day: $13 Billion

    By The Fiscal Times Staff

    That’s how much Microsoft founder Bill Gates would pay in federal taxes this year under Elizabeth Warren’s proposed wealth taxes, according to back-of-envelope calculations by CNBC’s Robert Frank (...

  • Sen. Van Hollen announces a bipartisan agreement on Turkey sanctions during a news conference in Washington

    Democrats Propose New Tax on Millionaires

    By Michael Rainey

    Two Democratic lawmakers unveiled a plan Thursday that would raise taxes on high-income households. Sen. Chris Van Hollen of Maryland and Rep. Don Beyer of Virginia are proposing a 10-percentage...

  • FILE PHOTO - Kentucky Governor Matt Bevin introduces US Vice President Mike Pence to speak about the American Health Care Act during a visit to the Harshaw-Trane Parts and Distribution Center in Louisville

    Medicaid Work Requirements Dealt a Loss in Elections

    By Michael Rainey

    The effort to impose work requirements on Medicaid beneficiaries experienced a setback Tuesday with the apparent defeat of Kentucky Gov. Matt Bevin. Bevin, a Republican, hasn’t conceded defeat in his...

  • Wealthy Could See a Huge Tax Windfall if Obamacare Is Overturned

    By Michael Rainey

    The lawsuit by 18 state attorneys general seeking to invalidate the Affordable Care Act would provide an enormous tax cut for wealthy households if it succeeds, according to an analysis by the Center...

  • U.S. President Trump speaks to reporters as he departs for travel to Kentucky from the South Lawn of the White House in Washington

    Trump’s Florida Tax Move

    President Trump is making Palm Beach, Florida, his primary residence. The New York Times reported Thursday that the president and first lady filed documents in late September making their Mar-a-Lago...

  • Mark Sanford speaks at the LPAC conference in Chantilly, Virginia

    Trump Gets a Fiscally Focused Challenger

    By Michael Rainey

    Mark Sanford announced Sunday that he is running for president, becoming the third Republican to challenge President Trump for the nomination in 2020. The former South Carolina congressman said he...

  • Op-Ed of the Day: Fighting the Next Recession Now

    By The Fiscal Times Staff

    Jason Furman, the former chairman of the White House Council of Economic Advisers under President Obama, has some advice for Congress: Start preparing for the next recession now. In a Wall Street...

  • U.S. President Trump presents Presidential Medal of Freedom to NBA Hall of Famer West at the White House in Washington

    Does Trump Have an Agenda for 2020 Besides Winning Re-election?

    In a tweet earlier this week, President Trump urged the Democratic-controlled House to move past what he calls “witch hunt” investigations and “get back to work on drug prices, healthcare,...

  • A Permanent Payroll Tax Cut?

    With the Trump administration reportedly considering a temporary payroll tax cut to boost the economy and ward off a potential recession, Marc Goldwein of the Committee for a Responsible Federal...

  • Are Republican Voters Done With Tax Cuts?

    By Michael Rainey

    The White House is reportedly mulling another tax cut in the form of an inflation adjustment on capital gains and President Trump has promised a middle-class tax cut if Republicans sweep the 2020...

Taxes Directory

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