Taxes
  • Corporate Tax Receipts Continue Their Slide

    By The Fiscal Times Staff

    “Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases,”...

  • Flush with Tax Revenue, States Prepare for the Next Recession

    U.S. states got hammered by the Great Recession, but they’re now better prepared than ever for the next economic downturn, according to a report released Thursday by the National Association of State...

  • FILE PHOTO: U.S. Democratic presidential candidate and former Vice President Joe Biden campaigns for the 2020 Democratic presidential nomination in Pittsburgh

    Biden Slams Amazon as Prime Example of Broken Tax System

    By Michael Rainey

    Democratic presidential candidate Joe Biden took aim Thursday at the way companies pay taxes in the U.S., citing Amazon as an exemplar of a deeply flawed system that allows billion-dollar companies...

  • U.S. President Trump celebrates with Congressional Republicans after passage of GOP tax bill at the White House in Washington

    How Washington Stopped Worrying About the Debt

    By Michael Rainey

    A major attitude shift has washed over Washington, The Wall Street Journal’s Kate Davidson and Jon Hilsenrath wrote Thursday: “Political support for taming federal debt has melted away.” Not so long...

  • 7 Ways to Fix America’s Fiscal Mess

    Tackling the $22 trillion national debt can be done in very different ways. Underscoring that point, the Peter G. Peterson Foundation, a non-profit, non-partisan organization focused on increasing...

  • Strong Economic Growth in the First Quarter, but the Devil's in the Details

    By Michael Rainey

    The U.S. economy grew at an unexpectedly strong 3.2% annual pace in the first three months of 2019, according to an initial estimate released by the Commerce Department Friday. Economists surveyed by...

  • Federal income tax rates fell during the Ronald Reagan years—no surprise there. But according to March data from the <a href="http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=226" target="_blank">Tax Policy Center</a>, rates have continued t

    GOP Tax Cuts Didn’t Change Average Refunds Much

    By Michael Rainey

    Tax-filing season is officially over and IRS data released Wednesday shows that in some key respects, tax returns and refunds this year looked a lot like tax returns and refunds last year, despite...

  • Dem Economists Push Back Against Debt Worries

    By Michael Rainey

    Just how worried should we be about the rapidly rising national debt? Last week we told you about a budget watchdog group’s effort to raise the alarm over “debt denialism” that has taken hold in some...

  • How Dark Money Groups Overwhelmed the IRS

    By Maya Miller, ProPublica

    In the past decade, people, companies and unions have dispensed more than $1 billion in dark money, according to the Center for Responsive Politics. The very definition of that phrase, to many...

  • Three Numbers That Sum Up the GOP Tax Cuts in 2018

    By The Fiscal Times Staff

    With tax season ending this week for most Americans, Howard Gleckman of the Tax Policy Center has boiled down the effects of the new tax law for the average citizen into just a few numbers. While no...

Taxes Directory

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