Taxes
  • Trump on the $22 Trillion National Debt: 'Growth Will Straighten It Out'

    By Michael Rainey

    President Trump was asked at his wide-ranging press conference Friday about the roughly $2 trillion increase in public debt during the first two years of his administration: Question: Let me also ask...

  • 		<p>Limit itemized deductions to 15 percent, with special provisions to maintain incentives for charitable giving.</p>    <p>      <strong>Broader benefits to U.S. economy</strong>      <br />Raises revenue more efficiently by reducing tax expenditures;

    Poll of the Day: Democrats and Taxes

    By The Fiscal Times Staff

    Democrats and Republicans receive roughly equal grades when it comes to the question of which party is best suited to handle taxes, according to an analysis by Navigator , a polling and research...

  • Amazon unveils effort to develop original TV shows

    Amazon Pulls the Plug on NYC Headquarters

    By Michael Rainey

    Amazon is canceling its plan to build a corporate campus in New York City, the company announced Thursday. The decision comes following months of local criticism of the project, in which the company...

  • The Great Debt Debate: How Dangerous Is It?

    By Michael Rainey

    MIT economist Olivier Blanchard caused a stir in fiscal circles last month with an academic paper suggesting that current levels of public debt may be less worrisome than many experts think (see our...

  • Eighty-four percent of Americans receiving refunds intend to pay down debt, save or invest.

    Why Smaller Tax Refunds Could Ding the Economy

    By Michael Rainey

    Although tax season has only just begun, early data from the IRS shows that the average individual tax refund is 8.4 percent smaller so far this year. Some critics have been quick to blame the...

  • Obama administration proposes new limits on tax-exempt political groups

    New Tax Brackets for 2019

    By The Fiscal Times Staff

    The IRS released its inflation adjustments for the 2019 tax year this week, which include new brackets and limits on deductions and exemptions. A few highlights: The standard deduction for single...

  • Krugman: Why the Tax Cuts Fizzled

    By Michael Rainey

    A long-time critic of Republican fiscal policies, economist Paul Krugman takes on the GOP tax overhaul in Friday’s New York Times, asking, “Why Was Trump’s Tax Cut a Fizzle?” Krugman notes that the...

  • The Economy’s Coming Wile E. Coyote Moment

    By Michael Rainey

    Most economists think that the “sugar high” in the economy produced by simultaneous tax cuts and federal spending increases this year will fizzle at some in the next few quarters, at which point GDP...

  • Companies Are Using Their Tax Cut Windfall to Pay Down Debt: Moody’s

    By Michael Rainey

    What are companies doing with their tax cut windfalls? In addition to boosting shareholder returns through buybacks and dividends (more on that here , here and here ), U.S. corporations are placing a...

  • FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves

    Amazon Got More Than $2 Billion in HQ2 Sweeteners

    Amazon confirmed on Tuesday that it will build two new headquarters in New York City and Northern Virginia while also adding a smaller site in Nashville that will deal with operations and logistics...

Taxes Directory

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