Taxes
  • State Tax Revenues Jump Higher

    By The Fiscal Times Staff

    Solid economic growth and a rising stock market drove state tax revenues higher in 2018, with 36 states collecting more taxes than they did before the Great Recession, according to an analysis...

  • Democratic congressional candidate Alexandria Ocasio-Cortez speaks at her midterm election night party in New York City

    How Alexandria Ocasio-Cortez Is Already Shifting the Debate on Taxes and Deficits

    Alexandria Ocasio-Cortez, the youngest woman ever elected to Congress, has wasted no time in making waves in Congress, emerging as a focal point for the national press — and social media powerhouse...

  • The Great Debt Debate

    By Michael Rainey

    We told you last week about a new paper from economist Olivier Blanchard that caused a stir by suggesting that government debt may be less problematic than many experts have believed. Blanchard found...

  • Economists: It's Time for a Carbon Tax That Pays Dividends

    By Michael Rainey

    Dozens of prominent economists with extensive experience in government service signed a statement in Thursday’s Wall Street Journal calling for a carbon tax. “Global climate change is a serious...

  • The Apple logo is pictured on the front of a retail store in the Marina neighborhood in San Francisco, California April 23, 2014. The company is set to announce its first quarter earnings. REUTERS/Robert Galbraith  (UNITED STATES - Tags: BUSINESS SCIENCE

    How 4 Big US Companies Used Their Tax Cuts

    By Michael Rainey

    Bloomberg’s Laura Davison looked at what some major American corporations did with the tax cut windfalls they received in 2018. How did Apple, Walt Disney, Visa International and Starbucks use their...

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

    Did Trump’s Tax Cuts Make America Poorer?

    By Michael Rainey

    Economist Paul Krugman took another look at the 2017 tax cuts in The New York Times Tuesday, arguing that they are “even worse than you’ve heard.” Many critics of the tax bill have complained that...

  • The Worst Tax Idea of 2018

    By Michael Rainey

    The Urban-Brookings Tax Policy Center on Thursday handed out its annual Lump of Coal award for the worst tax idea of the year. The impressive list of nominees from TPC’s Howard Gleckman include: *...

  • States See Record Tax Revenues

    By Michael Rainey

    State tax revenues topped $1 trillion for the first time in the 2018 fiscal year, according to a preliminary analysis by the Urban-Brookings Tax Policy Center. Much of the growth in revenues during...

  • U.S. Treasury Secretary Steven Mnuchin in Washington, U.S., May 23, 2017. REUTERS/Jim Bourg

    Whatever Happened to That 10% Middle-Class Tax Cut?

    By Michael Rainey

    Shortly before the midterm elections, President Trump said his administration was working on a tax cut for middle class. “We are going to be putting in and are studying very deeply right now, around...

  • President Donald Trump and House Ways and Means Committee Chairman Kevin Brady smile at each other after the U.S. Congress passed sweeping tax overhaul legislation, on the South Lawn of the White House in Washington

    The Tax Bill One Year Later

    By Michael Rainey

    As the Republican tax bill approaches its one-year anniversary, numerous scholars and critics are taking a look at its performance so far. Here are some highlights from recent reviews: Fiscal policy...

Taxes Directory

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