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...

  • A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach

    Trump’s $50 Billion Tax Hike

    By Michael Rainey

    Hours before another round of trade talks with China concluded without resolution Friday, the Trump administration increased tariffs on $200 billion worth of Chinese imports, raising the rate on a...

  • Small Business Owners Mixed on the Effects of Trump Tax Cuts

    By Yuval Rosenberg

    Just over half of small business owners say that the 2017 Republican tax changes have not had much effect on their business, positive or negative, according to a Well Fargo/Gallup Small Business...

  • U.S. President Trump visits Lake Okeechobee in Canal Point, Florida

    The True Cost of Trump's Tariffs

    By Michael Rainey

    Markets reeled Tuesday as investors contemplated President Trump’s latest threats in his burgeoning trade war with China. Amid news that trade talks weren’t going well, the president threatened on...

  • The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei, Taiwan April 13, 2017. REUTERS/Tyrone Siu

    Big Tech IPOs Set to Deliver Tax Windfall in California

    By Michael Rainey

    At least six California-based companies worth more than $1 billion are expected to go public this year, Adam Beam of the Associated Press reports , and those IPOs will likely create a surge of tax...

  • 3. Washington, D.C.

    The Biggest Hurdle to an Infrastructure Deal

    By Michael Rainey

    President Trump confirmed over the weekend that he was considering a large-scale infrastructure plan that Democrats said they had discussed last week. In a tweet Saturday, Trump wrote : “There is...