Taxes
  • Taxes

Budget Battles

  • Some workaholics actually consider this the best day of the year (other than National Clean Off Your Desk Day). The holiday is celebrated annually; this year the day of festivities is March 23.

    A New Tax on Stay-at-Home Workers?

    By The Fiscal Times Staff

    A report funded by Deutsche Bank that examines the economic recovery from the pandemic suggests that people working at home should be taxed for the privilege of doing so, in order to pay for aid to...

  • A red traffic light stands in front of the U.S. Capitol building in Washington

    Election Results Signal Less Stimulus, More Gridlock

    By Michael Rainey

    Although the final numbers aren’t in yet, it looks like the 2020 election will deliver a divided Congress to whichever party claims the White House. Democratic hopes for a “blue wave” fell by the...

  • Democratic 2020 U.S. presidential candidate and former U.S. Vice President Joe Biden speaks during a meeting at Chickasaw Event Center in New Hampton, Iowa

    Joe Biden’s Economy Czar

    By Michael Rainey

    Joe Biden has a vast team of advisers working on plans to boost the economy in the event that the former vice president wins the presidential election. While some are big names who served in the...

  • White House economic adviser Larry Kudlow speaks during a meeting of the Economic Club of New York in New York

    No Pre-Election Details on Trump’s Promised Tax Cuts

    By Michael Rainey

    Add President Trump’s second term tax plan to the long list of items that he will release at some point in the future. White House economic adviser Larry Kudlow said Monday that while administration...

  • A Bad Time for Biden’s Tax Hikes? Why Joe Says No

    By Yuval Rosenberg

    When he’s not slinging dubious accusations of corruption, attacking Joe Biden’s son, Hunter, or propagating conspiracy theories, President Trump has frequently been hitting the former vice president...

  • Taxes

    Raise Taxes on the Rich? Why Dems May Need to Think Bigger

    By Yuval Rosenberg

    As they head into their second round of primary debates tonight, Democrats are having the wrong argument about taxes, argues Monica Prasad, a sociology professor at Northwestern University’s...

  • Senator Elizabeth Warren delivers a major policy speech in Washington

    How Much Would Warren’s Ultra-Millionaire Tax Really Raise?

    By Yuval Rosenberg

    Elizabeth Warren says her proposed wealth tax — 2% on Americans with assets above $50 million, or 3% for those with more than $1 billion — would raise $2.75 trillion over 10 years, based on estimates...

  • No Love for Public Campaign Financing

    By Michael Rainey

    If you didn’t check off the "Presidential Election Campaign" box on your tax form this year, you’re not alone. The percentage of filers who have elected to direct a few dollars to the Presidential...

  • President Donald Trump delivers remarks on the Infrastructure Initiative in Richfield

    The Problem with Trump's Populism

    By The Fiscal Times Staff

    The New York Times’s Jonathan Martin and Maggie Haberman write that President Trump’s actions as president haven’t matched his populist rhetoric — and that, as the 2020 elections grow nearer,...

  • The Big Drop in Corporate Tax Rates and Revenues

    By Michael Rainey

    A new analysis by The Wall Street Journal finds that the median effective global tax rate for S&P 500 companies dropped by more than five percentage points after the 2017 tax cut package went...