A simplified tax code is the answer, not giving the IRS more funding.
As inflation increases, we need a low-debt environment.
The Senate majority leader's racial rhetoric and overly prescriptive approach make an already iffy effort even more quixotic.
Are you ready for 30 percent cuts in benefits to keep the program alive?
The American Families Plan hits individuals with identical net worths very differently.
The mandate prevents bars states receiving federal funds under the Act from enacting tax cuts that are "directly or indirectly" offset by the grants.
The Bipartisan Infrastructure Bill Shows That Republicans Love Big Government Just as Much as Democrats
We don't have a gridlock problem. We have a spending problem.
Supreme Court Won't Hear Case Challenging Massachusetts' Income Tax on Telecommuters Who Don't Live or Work in Massachusetts
The Court left increasingly urgent questions about taxing remote workers up in the air.
Supreme Court Refuses to Hear New Hampshire v. Massachusetts—An Important Case Challenging Massachusetts' Taxation of NH Residents Working Remotely for MA Firms
But the issue of state taxation of remote workers is likely to recur.
Democrats Are Considering a $6 Trillion Infrastructure Plan That Has Little to Do With Infrastructure
For many elected Democrats, infrastructure is much more than roads, bridges, dams, and waterways.
In capitalist societies, the poor get richer.
And as many as 75 percent of middle income households face a tax increase under Biden's plan, even though the highest-earning households will pay the vast majority of the costs.
Six different states are already suing over a broad prohibition on tax cuts that was slipped into March's $1.9 trillion COVID relief bill.
Many Politicians Claim That Increased Spending Sparks Economic Growth. Here's Why That's Misleading.
A new study finds that as the government expands, the private sector shrinks.
But it would triple the IRS budget and give the tax cops a lot more power to make life miserable for individuals and businesses.
The spending plan demonstrates an unwillingness to govern and a preference for pandering to special interests.
The MORE Act, which was reintroduced today, is full of contentious provisions that go far beyond repealing federal prohibition.
No country gets out of poverty through redistribution of income.
New Developments in Ohio's Challenge to the Stimulus Bill Provision Restricting Tax Cuts by States Receiving Federal Grants under the Act
A federal court issues a ruling against the requirement that states receiving stimulus funds are not allowed to raise taxes. Meanwhile, the Treasury Department issues an "interim final rule" intended to limit the scope of the mandate - and protect it against legal challenge.
The state and local tax deduction overwhelmingly benefits rich households in high-tax states while shifting their federal tax burden to everyone else.
Like all licensing schemes, this one will raise prices for consumers, hurt entrepreneurs, and protect the interests of the big guys in the market.
The White House says cracking down on tax cheats will generate $700 billion over 10 years to help offset a $1.8 trillion expansion of welfare programs.
"We need a Green New Deal for Public Housing," says Rep. Jamaal Bowman. "We need a Green New Deal for Cities…and we need a Green New Deal for Public Schools."
Plus: ACLU opposes menthol cigarette ban, student Snapchat case comes before Supreme Court today, and more...
Politicians and bureaucrats in legal states still struggle with the temptation to over-tax and over-regulate their legal marijuana markets.
Tax hikes and growing debt guarantee shared pain in a hobbled economy.
Democrats never miss an opportunity to rail against big corporations. Yet they're eagerly subsidizing their big corporate friends.
The president's proposed tax hike would fall on workers. This isn't a controversial point.
Workers will suffer.
The law is surprisingly permissive in some ways, but it includes high taxes and other provisions that hurt consumers.
It seems some are just waking up to the size and scope of the president's federal tax plan.