Taxes
  • How the Tax Cuts Could Raise Wages – and Why They Might Not

    By Michael Rainey

    Wages don’t seem to be rising in the wake of the corporate tax cuts that went into effect this year, and many critics of the GOP tax overhaul say there’s little reason to think they will. But the...

  • Are Tax Revenues Really Rising?

    By Michael Rainey

    A Wall Street Journal editorial this past weekend took aim at the idea that the Republican tax cuts have much to do with rising deficits. “Perhaps you’ve read that the federal budget deficit is...

  • A man walks his dog past a mural depicting factory workers in the historic Pullman neighborhood in Chicago November 20, 2014.      REUTERS/Andrew Nelles/File Photo

    Economic Growth Gets a Downgrade

    By Michael Rainey

    The Congressional Budget Office reduced its estimate for the growth rate of the U.S. economy in 2018 to 3.1 percent, down from its estimate of 3.3. percent in April. The CBO’s estimate for 2019...

  • FBI director says all surveillance complies with U.S. law

    The Tax Cuts Aren't Popular, So the GOP Is Talking About This Instead

    By The Fiscal Times Staff

    Republicans have found that their key legislative accomplishment in the last two years, the tax cuts passed in December, aren’t nearly as popular as they had hoped they would be, and the AP reports...

  • Who Gets the 20% Pass-Through Tax Break?

    By Michael Rainey and Yuval Rosenberg

    The Treasury Department released a 184-page set of guidelines Wednesday seeking to clarify just who gets to claim the new 20 percent tax deduction on pass-through business incomes. Overall, the rules...

  • File photo of House Ways and Means Committee Chairman Brady questioning witness at Joint Economic Committee hearing in Washington

    The Timetable for Round Two of Tax Reform

    At a Washington Post event Tuesday marking the six-month anniversary of the GOP tax plan, Rep. Kevin Brady (R-TX), chairman of the House Ways and Means Committee, laid out his timetable for the...

  • A security camera hangs near a corner of the Internal Revenue Service (IRS) building in Washington

    Churches Hit by New Tax Law

    By Michael Rainey

    Non-profits including churches and synagogues are being hit with a new tax thanks to a rule change that went into effect this year. The Republican tax legislation passed last December imposed a 21...

  • Paul Ryan with tax return postcard

    Postcard Tax Form Off to a Rough Start

    By Michael Rainey

    The Treasury Department is expected to release its long-promised “postcard” tax form this week, but the reviews of a draft version published by The New York Times suggest that Republicans have a long...

  • President Donald Trump speaks to the media after the Congressional Republican Leadership retreat

    Republicans Want to Talk About Taxes – but Trump Keeps Changing the Subject

    By Michael Rainey

    Every week, Republican lawmakers plan to promote the tax cuts and the surging economy, and every week President Trump sparks some kind of controversy that utterly dominates the news cycle. Dave...

  • Tax Loophole Could Give Pension Funds a Boost

    By Michael Rainey

    Some companies can get an extra tax break on contributions to their pension funds this year, but they have to hurry to take advantage of a one-time rule change, according to The Wall Street Journal...

Taxes Directory

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