Taxes
  • Moody's downgrade gives edge to safe-haven banks

    Why $21 Trillion in Debt Doesn't Bother the Credit Agencies

    By The Fiscal Times Staff

    The U.S national debt has surpassed $21 trillion, up 2.8 percent since the start of the year, but two of the leading credit agencies aren’t worried about the country’s ability to keep up with its...

  • Treasury Department Encourages Workers to Check Their Withholding

    By The Fiscal Times Staff

    With the new tax law in place, the Treasury Department is urging taxpayers to take another look at their paychecks and make sure the right amount is being withheld. “We urge taxpayers to visit the...

  • A congressional aide places a placard on a podium for the House Republican's legislation to overhaul the tax code on Capitol Hill in Washington

    Sparring Over the Tax Bill

    By Michael Rainey

    The Senate Finance Committee heard from supporters and critics of the new tax law in a hearing on Tuesday afternoon. There was little agreement to be found, with the Republican witnesses largely...

  • Why the Deficit Outlook Could Be Even Worse Than It Seems

    By The Fiscal Times Staff

    The Congressional Budget Office warned earlier this month that the U.S. will start running $1 trillion deficits in 2020, and that the national debt will be nearly as large as the economy in a decade...

  • Chart of the Day: Despite Trump's Tax Cuts, GDP Expectations Sag

    By The Fiscal Times Staff

    The Commerce Department is scheduled to issue its advance estimate of first-quarter GDP on Friday, and the report is widely expected to show economic growth slowed over the first few months of the...

  • The Biggest Winners from the ‘Small Business’ Tax Cuts

    By Michael Rainey

    Republicans insisted that their tax cuts on pass-through entities were meant to reduce the tax burden on small businesses and thus spur job creation. But updated estimates from the Joint Committee on...

  • Teachers rally inside the state Capitol on the second day of a teacher walkout to demand higher pay and more funding for education in Oklahoma City

    Tax Cuts Take a Toll on State and Local Public Servants

    By Michael Rainey

    Teachers in Arizona have announced they will go on strike this week, joining educators in Oklahoma, West Virginia and Kentucky protesting low wages and insufficient school funding in their states...

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

    Have the Trump Tax Cuts Flopped?

    By Michael Rainey

    Sunday marks four months since President Trump signed the Republican tax overhaul into law. So it surprised us just a bit to see economist Andrew Hunter of Capital Economics already asking: “Have the...

  • FILE PHOTO:  U.S. Senate Majority Leader Mitch McConnell speaks at a Harden County Republican party fundraiser in Elizabethtown, Kentucky, U.S. on June 30, 2017. REUTERS/Bryan Woolston/File Photo

    Could Another Round of Tax Cuts Backfire on Republicans?

    Republicans face a dilemma in their quest to pass another massive tax cut ahead of November’s midterm elections. Party leaders have pledged to make permanent individual tax cuts in the tax overhaul...

  • Why the Trump Tariffs Could Cost More Jobs Than They Save

    By Michael Rainey

    The tariffs President Trump announced – including a 25 percent levy on steel imports, with some notable exemptions – are meant to protect American jobs, but analysts at the Federal Reserve Bank of...

  • US Borrowing Nearly $300 Billion This Week

    By Michael Rainey

    The Treasury Department plans to sell a record $294 billion worth of bills and notes this week, according to Bloomberg . The tax cuts signed into law by President Trump are causing a decline in...

  • Chart of the Day: Big Tax Cut Winners

    By Michael Rainey

    Just 17 publicly-held U.S. oil and gas companies have reported a combined $25 billion in direct, one-time benefits from the GOP tax overhaul, according to an analysis in Pacific Standard . ExxonMobil...

  • Business Economists More Optimistic on Growth After Tax Cuts, Spending Increases

    By Michael Rainey

    While the omnibus spending bill is still making political waves in Washington, business economists like what they are seeing in current fiscal policy. The latest survey from the National Association...

  • Does the IRS Need a Bigger Budget?

    By Michael Rainey

    The IRS is receiving an extra $320 million to help cover the costs of implementing the Republican tax overhaul, funds that can be used over the next 18 months to assist taxpayers, revise hundreds of...

  • A general view of the U.S. Internal Revenue Service (IRS) building in Washington

    Spending Bill Includes $320 Million for IRS to Implement Tax Law

    By Michael Rainey

    A frequent target of Republican scorn, the IRS has seen its budget cut significantly in recent years. But the spending deal for 2018 boosts the agency’s budget by $196 million compared to 2017, for a...

Taxes Directory

Tags
Tuesday, November 7, 2017 - 4:57pm
Monday, November 6, 2017 - 3:17pm
Friday, November 3, 2017 - 5:45pm
Friday, November 3, 2017 - 3:46pm
Thursday, November 2, 2017 - 12:36pm
Thursday, November 2, 2017 - 11:23am
Wednesday, November 1, 2017 - 5:25pm
Wednesday, November 1, 2017 - 4:30pm
Wednesday, November 1, 2017 - 1:58pm
Tuesday, October 31, 2017 - 3:00pm
Tuesday, October 31, 2017 - 2:00pm
Monday, October 30, 2017 - 3:56pm
Monday, October 30, 2017 - 10:30am
Friday, October 27, 2017 - 5:00pm
Friday, October 27, 2017 - 3:33pm
Thursday, October 26, 2017 - 3:38pm
Thursday, October 26, 2017 - 11:15am
Wednesday, October 25, 2017 - 5:33pm
Wednesday, October 25, 2017 - 5:26pm
Tuesday, October 24, 2017 - 4:15pm
Tuesday, October 24, 2017 - 1:15pm
Monday, October 23, 2017 - 4:15pm
Friday, October 20, 2017 - 4:56pm
Friday, October 20, 2017 - 4:53pm
Friday, October 20, 2017 - 2:30pm
Thursday, October 19, 2017 - 4:30pm

Pages