Taxes
  • Who Isn’t Paying Income Taxes?

    By Michael Rainey

    Ten years ago, an economist at the Tax Policy Center calculated that 47% of Americans paid no federal income tax. That figure gained a degree of infamy in 2012 when presidential candidate Mitt Romney...

  • A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach, California, September 8, 2016. REUTERS/Lucy Nicholson/File Photo - RTSS0CF

    Number of the Day: $63 Billion

    The U.S. Treasury collected $63 billion in tariffs over the 12 months through June up from about $30 billion a year before, The Wall Street Journal reports . Tariff revenue is on pace for $72 billion...

  • When the Social Safety Net Is a Smart Investment

    By Michael Rainey

    Social welfare programs in the U.S. are sometimes seen as expenses that lawmakers should attempt to minimize, but a new paper from two economists at Harvard University shows that some programs...

  • U.S. President Trump listens to reporters during bill signing ceremony in the Oval Office of the White House in Washington

    Is Trumponomics a Failure?

    By Michael Rainey

    The Republican tax cuts, combined with a big jump in government spending, produced a period of faster economic growth over the last year and a half, according to an analysis by Howard Gleckman and...

  • Paul Ryan with tax return postcard

    IRS Pulls the Plug on the Postcard Tax Form

    By Michael Rainey

    As they pushed their tax overall package in 2017, Republican leaders would sometimes display a tax form printed on a postcard as proof that the Tax Cuts and Jobs Act would simplify life for millions...

Taxes Directory

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