Apr 11 Watch 6:06 The financial, political and psychological implications of tax reform The deadline for filing your taxes is right around the corner, on Monday, April 15. This is the first year that fully incorporates major updates to the tax code signed into law by President Trump in 2017. Amid the changes,… Continue watching
Apr 11 Trump’s sister retires from the bench, negating judicial ethics complaints By Larry Neumeister, Maryclaire Dale, Associated Press Maryanne Trump Barry's retirement as a federal appellate judge in Philadelphia ends a civil misconduct inquiry launched after a report that she participated in Trump family schemes to dodge taxes. Continue reading
Apr 11 Sen. Warren proposes new tax on corporate profits By Elana Schor, Associated Press The 7% tax on corporate profits above $100 million is the latest in a series of ambitious policy proposals from the Massachusetts senator who is running for president. Continue reading
Apr 01 Unhappy with your refund under the new tax law? Here’s what to do By Gretchen Frazee The 2017 tax overhaul that took effect this year could change millions of Americans' refunds. Continue reading
Mar 20 3 new tax rules homeowners need to know By Rianka Dorsainvil How homeowners file their taxes this year could be affected by a number of new changes, including the cap on mortgage interest deductions. Continue reading
Feb 19 Watch 8:17 How poverty and inequality are motivating Democrats on tax policy Numerous Democrats have already announced or hinted at their candidacy in the 2020 presidential election. For many of them, tax policy, and specifically, increasing how much the very wealthy pay, is a platform priority. Lisa Desjardins reports on their proposals… Continue watching
Feb 19 Why 2020 Democratic candidates are pushing more progressive tax proposals By Gretchen Frazee In the wake of the Trump tax cuts, Democratic candidates are introducing some of the most progressive tax plans in decades. Continue reading
Feb 19 I owe how much? Americans shocked by impact of new tax law By Sarah Skidmore Sell, Associated Press The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government. Continue reading
Feb 14 Average tax refunds fall, fueling discontent with GOP-written law By Marcy Gordon, Associated Press The decline may be largely due to how some employees and employers had adjusted the amounts withheld from paychecks to account for changes under the new tax law. Most taxpayers received a tax cut under the law but some may… Continue reading
Jan 09 Column: What the Ocasio-Cortez/Scalise debate teaches us about the marginal tax rate By Paul Solman Rep. Alexandria Ocasio-Cortez has proposed hiking the top marginal tax rate to fund green energy investment. Continue reading