“the French public has signaled strong support for a 2% tax on the ultra-wealthy; and a proposed California ballot initiative would enact a one-time 5% tax on billionaires’ net worth.”…

Erica York (VP Tax Foundation) discusses how the Trump tariffs will cut into the income tax relief for all tax brackets due. Read on . . . We’ve spent a…

…billion tax relief package that would extend tax cuts on dividends and capital gains and keep 15 million middle income taxpayers from getting hit with a tax designed for the…

…choices made because of the tax code are inefficient. The same people who generally denounce tax expenditures, propose new tax based incentives including say a carbon tax. Yet somehow the…

…the tax cut, including (i) a carried interest provision taxing all profits interests as ordinary income (ii) a corporate tax provision limiting the benefits of tax-free reorganizations and consolidations, and…

…than one in five taxpayers will be forced to calculate their income taxes twice -once for the regular income tax and once for the Alternative Minimum Tax – and then…

…tax rates and economic growth rate is positive. In other words, when tax rates are low, increasing the tax rates is associated with faster economic growth. As tax rates rise,…

…individual income tax and estate tax provisions in the 2017 Tax Act (“The Tax Cuts and Jobs Act”) permanent. T22-0144 – Make the Individual Income Tax and Estate Tax Provisions…

…and to issue tax-exempt bonds. State and local tax exemption (the criteria for which are usually modeled on federal criteria) cover state and local sales tax, property tax, and income…

…Health Care In addition to making permanent the 2017 Trump tax breaks that slashed tax rates for the wealthiest households, the new law includes huge tax loopholes for corporations that…