Trump tax plans – like extending most provisions of the Tax Cuts and Jobs Act (TCJA) that are set to expire, special tax breaks for people who earn some kinds of income, or new corporate tax cuts – ...
In last night’s address to Congress, President Trump spent more time insulting Americans, lying, and bragging than he did ...
Elon Musk, the world’s richest individual, suggested on Monday that his government cost-cutting team would scrutinize Social Security and ...
Many states with corporate income taxes include some amount of federally defined Global Intangible Low-Taxed Income (GILTI) in their tax bases. Twenty-one states plus D.C. include some amount of GILTI ...
A little-known Starbucks subsidiary in Switzerland appears to have played a big role in how much the coffee chain paid over the last decade in taxes, according to a new report. On paper, Starbucks ...
In Missouri, donations to anti-abortion pregnancy resource centers come with state tax credits valued at 70 cents on the ...
For many decades, the United States has experienced growing wealth inequality between the richest and poorest households and ...
Proposals from governors in both New Jersey and Wisconsin include provisions to tax high-income earners. Meanwhile, several ...
A new report from CICTAR alleges that hidden behind its ‘ethical’ sourcing of coffee beans, Starbucks engages in major global tax avoidance. The report estimates that at least $1.3 billion has been ...
While lawmakers often speak about income inequality, less attention is paid to wealth inequality. Wealth is distributed even ...
Immigrants in the country illegally paid nearly $100 billion in taxes in 2022, according to a report by the Institute on Taxation and Economic policy. But that source of government revenue may soon ...
U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, wrote to Elon Musk, CEO of Tesla; Jeff Bezos, CEO of Amazon; Mark Zuckerberg, CEO of Meta; Tim Cook, CEO of Apple; ...
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