Congress Continues To Make the Tax Code Ridiculously Hard To Understand
I shouldn't have to spend so much money on an accountant every year. But I don't really have a choice.
I shouldn't have to spend so much money on an accountant every year. But I don't really have a choice.
The policy is a true budget buster and is ineffective in the long term.
The former governor argues that beating up on businesses "is only sharpening the knife that the left will eventually use on us."
The former governor argues that beating up on businesses "is only sharpening the knife that the left will eventually use on us."
He could save $98 million by dodging California's state income taxes with his unusual, eye-popping contract.
We're often told European countries are better off thanks to big-government policies. So why is the U.S. beating France in many important ways?
Get the warm, fuzzy feeling of dodging the taxman while supporting our journalism. Plus, cool swag!
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
It's a maneuver that makes little fiscal, philosophical, or political sense, but thankfully it also seems unlikely to work.
The city wanted to bring in more money, in part for early childhood education. But such taxes are disproportionately paid by the poor.
The only effective means of keeping tax collectors from misusing data is keeping it from them.
"Government in general does a lot of things that aren't necessary," says Jared Polis.
Grant Williams breaks down the math: "$54 million in Dallas is really like $58 million in Boston."
The question presented is whether the 16th Amendment authorizes Congress to tax unrealized sums without apportionment among the states.
Americans collectively spend billions of hours each year preparing their taxes. Rather than adding a government-run website into the mix, politicians should just simplify the tax code.
Contra the famous quotation from Oliver Wendell Holmes, there's nothing particularly civilized about the way our governments spend the money we provide.
Plus: What the editors hate most about the IRS and tax day
Maybe taxpayers would make fewer mistakes if the federal tax code weren't so hopelessly complex.
The agency’s new report tells us practically nothing of significance.
From delivery fees to streaming taxes, New York can’t stomach having MTA users actually pay for the system themselves.
Uncle Sam's own workers owe $1.5 billion, and growing, in unpaid taxes.
A coming crackdown on $1.6 billion in unreported tips will continue the IRS' long and ugly history of targeting low-income Americans.
If you look closely, you'll find a lot of contradictions.
A $2.1 million penalty for failing to file a form on time reveals the agency’s true nature.
The status quo is certainly worth challenging.
Plus: a lightning round recollection of comical political fabulists
The release of the former president’s tax returns sets a dangerous precedent.
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
The constitutional amendment is an attempt to undermine the state's flat income tax system.
The G Word, a new documentary, only occasionally covers serious issues. But it opts not to do honest reporting.
The British Conservative Party can’t figure out what it wants.
Tax collectors and federal cops have always been rotten to the core.
Media "fact-checkers" are taking administration promises at face value and using them to bludgeon Republicans.
Wherever markets are free, new wealth gets created. Then almost everyone wins.
The Colombian singer faces up to eight years in prison and a hefty fine after rejecting a plea deal offered by Spanish prosecutors.
Tax loopholes for corporations end up making it easier for politicians like Rubio to meddle in private decision making.
Stop government interference in reproduction, medical decisions, gun ownership, drug use, and more.
Plus: How misinformation spreads, ignoring inflation, and more...
The Colorado Democrat supports abortion rights, school choice, letting kids play unsupervised, an end to COVID-19 overreach, and an income tax rate of "zero."
The current run of price and wage increases could tip taxpayers into higher brackets, where they will owe larger slices of their income to the government.
If you resent government incompetence and malice, maybe your devalued dollars will buy less of it.
The IRS takes not only your money, but a lot of your time.
Wealth tax proponents claim only super rich people would be affected. But to raise the revenue Warren, Sanders, and Biden want, they'd have to tax the "working rich"—doctors, lawyers, and other hardworking high earners.
Plus: North Carolina rescinds FART license plate, permit-free concealed carry gets OK in Ohio, COVID case counts rising again, and more...
The new taxes lawmakers are proposing to fund a universal health care system will likely drive even more Californians out of the state.
Repealing the cap on the SALT deduction would overwhelmingly benefit the wealthiest households in America.
The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.
There simply aren't enough rich people to finance all the new spending.