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Biden, Sanders Overstate Tax-Hike Revenue, Estimates Find
Democratic presidential candidates Joe Biden and Bernie Sanders have overestimated the amount of revenue their tax proposals would generate by hundreds of billions, or even trillions, of dollars,
Bill Gates' New Year's Plea: Tax Me More
The billionaire used his annual year-end review to make the case for higher taxes on the super successful.
Sanders, Warren Compete for Who Can Tax Billionaires the Most
Senator Elizabeth Warren’s wealth tax proposal is big. Senator Bernie Sanders’ is about 60% bigger.
Trump's Tax Cuts Could Die the Hard Way: A Little at a Time
Democratic presidential candidates like Joe Biden and Kamala Harris have talked about repealing the GOP’s tax overhaul. Yet a large-scale rollback is unlikely. Instead, two other forces could slowly
House Democrats Aim to Repeal Church Tax Hike in Trump Law
House Democrats are likely to propose a repeal of a controversial provision in the 2017 tax overhaul that imposes a tax on some coveted benefits for employees at nonprofit organizations like houses of
An economist praises Trump’s “brilliant conclusion about life”
Trump's best deal was being born rich.
California Voters Could Be Asked To Impose An Estate Tax
California voters would consider a state-mandated tax on the assets of wealthy residents, one that could generate as much as $1 billion a year for low-income families, under legislation introduced in
Bill Gates says socialism has “worked extremely poorly”
The Microsoft cofounder says he understands the surface appeal, but capitalistic market economies are better.
NBC News explains why Democrats want to eat the rich
Populism on steroids The post NBC News explains why Democrats want to eat the rich appeared first on Hot Air.
Democrats Target Wall Street With Financial Trade Tax Proposal
Wall Street would bear the brunt of the latest tax proposal as Democrats jockey for the most progressive tax ideas with the approach of the 2020 elections.
The war on wealth
The government knows you have too much The post The war on wealth appeared first on Hot Air.
Tax the Rich to Death and Then Tax Them Some More
If you, like me, enjoy the idea of taxing the rich and redistributing their wealth to workers, some Democrats are coming up with pretty damn good ideas these days.
Are You Worth Millions? Looks Like Your Family Will Get Another Big Tax Break. (But Everyone Else, Don't Read This)
They say if you like law or sausages, don't watch either of them being made. This is why.
It’s a Great Time to Be a Wealthy Heir After Trump Tax Overhaul
New law doubles the estate-tax exemption to $22 million a couple, spurring interest in dynasty trusts.
Trump Tells Farmers His Tax Cuts Will Boost the Rural Economy
President Donald Trump told a group of farmers on Monday that recent tax cuts and deregulation will revitalize the U.S. rural economy.
Wealthy Americans Are Already Trying to Exploit the New Tax Law
The legislation changes incentives on homeownership, commuting, and even marriage and divorce.
The GOP tax bill will widen inequality between millennials
No one seems to agree on how the GOP tax plan, finally ready to be signed by Trump, will affect millennials. To some, it’s blatant…
The Tax Bill Is Final. Here's What U.S. Businesses Need to Know
The maximum corporate tax rate is set at 21 percent, while pass-through entities have the option of deducting 20 percent of income. There are limitations.
How Republicans’ Tax Promises Stack Up to Their Actual Plan
Its tax cuts aren’t projected to pay for themselves. A new tax break adds a dose of complexity. And the bill will cut taxes on people at the top of the income scale.
GOP Delivers Sweeping Plan for Vote Next Week: Tax Debate Update
Congressional Republicans revealed the final details of their agreed-upon tax-overhaul legislation Friday. It’s the culmination of a six-week legislative sprint designed to deliver a major policy