Taxes
  • 5) Washington, D.C.

    A 'Terrible Intergenerational Transfer:' Pros and Cons of the Tax Cuts

    The House Ways and Means Committee held a three-hour hearing Wednesday on the effects of the Republican tax overhaul. We tuned in so you wouldn’t have to. As you might have expected, the hearing was...

  • Business Investment Picking Up Steam

    By Michael Rainey

    Companies in the S&P 500 are increasing spending on their businesses at the fastest rate since 2011, The Wall Street Journal reports . Capex investment, which includes things like building...

  • District of Columbia

    Congress Has a Lot to Do Before Summer Break

    By Michael Rainey

    With the tax cuts passed and the White House increasingly focused on foreign policy, Republicans in Congress have set many of their top agenda items – from Obamacare repeal to immigration reform – on...

  • A customer prepares to fill up his tank in a gasoline station in Nice December 5, 2014. REUTERS/Eric Gaillard

    Rising Gas Prices Eat Into the Tax Cuts

    By The Fiscal Times Staff

    The monthly retail sales report due Tuesday morning should shed some light on the tug of war consumers are facing between the bump in take-home pay from the tax cuts and increasing toll they face at...

  • Will States Win Big with Legal Sports Gambling?

    The Supreme Court has cleared the way for more states to bet on sports gambling as a source of revenue. In a 6-3 decision , the high court on Monday struck down as unconstitutional a 1992 federal ban...

  • The Biggest Winners from the ‘Small Business’ Tax Cuts

    By Michael Rainey

    Republicans insisted that their tax cuts on pass-through entities were meant to reduce the tax burden on small businesses and thus spur job creation. But updated estimates from the Joint Committee on...

  • Teachers rally inside the state Capitol on the second day of a teacher walkout to demand higher pay and more funding for education in Oklahoma City

    Tax Cuts Take a Toll on State and Local Public Servants

    By Michael Rainey

    Teachers in Arizona have announced they will go on strike this week, joining educators in Oklahoma, West Virginia and Kentucky protesting low wages and insufficient school funding in their states...

  • FILE PHOTO:  U.S. President Trump displays signature after signing tax bill into law at the White House in Washington

    Have the Trump Tax Cuts Flopped?

    By Michael Rainey

    Sunday marks four months since President Trump signed the Republican tax overhaul into law. So it surprised us just a bit to see economist Andrew Hunter of Capital Economics already asking: “Have the...

  • FILE PHOTO:  U.S. Senate Majority Leader Mitch McConnell speaks at a Harden County Republican party fundraiser in Elizabethtown, Kentucky, U.S. on June 30, 2017. REUTERS/Bryan Woolston/File Photo

    Could Another Round of Tax Cuts Backfire on Republicans?

    Republicans face a dilemma in their quest to pass another massive tax cut ahead of November’s midterm elections. Party leaders have pledged to make permanent individual tax cuts in the tax overhaul...

  • Why the Trump Tariffs Could Cost More Jobs Than They Save

    By Michael Rainey

    The tariffs President Trump announced – including a 25 percent levy on steel imports, with some notable exemptions – are meant to protect American jobs, but analysts at the Federal Reserve Bank of...

Taxes Directory

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