Taxes
  • What to Look For in Trump’s 2021 Budget: CBPP

    By Michael Rainey

    President Trump’s agenda for a possible second term is still on the drawing board, according to The Wall Street Journal’s Andrew Restucci, and aides are reportedly in the early stages of drafting...

  • U.S. President Trump delivers State of the Union address at the U.S. Capitol in Washington

    5 Whoppers From Trump’s State of the Union Address

    By Michael Rainey

    President Trump delivered a polarizing, reality-show tinged State of the Union address Tuesday in which he claimed credit for three years of solid economic growth while making more than 30 “dubious...

  • A cyclist passes the U.S. Capitol in Washington

    Fiscal Policy Still Boosting the Economy, but Not For Long

    By Michael Rainey

    Tax and spending policies at the local, state and federal level boosted economic growth in the fourth quarter of 2019, according to the newly updated Hutchins Center Fiscal Impact Measure from the...

  • The American Dream Alive and Well in ... Finland?

    By Michael Rainey

    Bernie Sanders’s opponents routinely accuse him of being a “socialist” bent on importing nefarious foreign values to the U.S., and President Trump took that approach one step further this past...

  • Bloomberg Proposes $5 Trillion in Taxes on the Rich, Corporations

    By Michael Rainey

    Michael Bloomberg released a tax plan Saturday that aims to raise $5 trillion from high-income households and corporations over 10 years to pay for new spending on education, infrastructure and...

  • Is the Tax Cut Investment Boom Already Over?

    By Michael Rainey

    Kevin Hassett, chair of President's Trump's Council of Economic Advisers, defended the Republican tax bill in an interview with CNN's Poppy Harlow Wednesday, saying that the promised wave of...

  • State Tax Revenues Jump Higher

    By The Fiscal Times Staff

    Solid economic growth and a rising stock market drove state tax revenues higher in 2018, with 36 states collecting more taxes than they did before the Great Recession, according to an analysis...

  • Democratic congressional candidate Alexandria Ocasio-Cortez speaks at her midterm election night party in New York City

    How Alexandria Ocasio-Cortez Is Already Shifting the Debate on Taxes and Deficits

    Alexandria Ocasio-Cortez, the youngest woman ever elected to Congress, has wasted no time in making waves in Congress, emerging as a focal point for the national press — and social media powerhouse...

  • The Great Debt Debate

    By Michael Rainey

    We told you last week about a new paper from economist Olivier Blanchard that caused a stir by suggesting that government debt may be less problematic than many experts have believed. Blanchard found...

  • Economists: It's Time for a Carbon Tax That Pays Dividends

    By Michael Rainey

    Dozens of prominent economists with extensive experience in government service signed a statement in Thursday’s Wall Street Journal calling for a carbon tax. “Global climate change is a serious...