Taxes
  • Tax Bill Creates a Divorce Rush

    By The Fiscal Times Staff

    Divorce lawyers are keeping plenty busy as the year winds down, thanks in part to the Republican tax bill. The Hill’s Naomi Jagoda explains: “The 2017 GOP tax overhaul eliminates the deduction for...

  • U.S. President Trump meets with Schumer and Pelosi at the White House in Washington

    Trump and Lawmakers Dig In for a Shutdown

    By Michael Rainey

    Neither side in the battle over President Trump’s border wall appears to be budging, raising the odds of a partial government shutdown come Friday night. “Spending discussions have stalled, with no...

  • FILE PHOTO: A sign on an insurance store advertises Obamacare in San Ysidro

    3 Key Questions About the Obamacare Court Ruling

    The fate of Obamacare may once again wind up before the Supreme Court now that a federal judge in Texas has ruled that the law is unconstitutional. U.S. District Court Judge Reed O'Connor ruled on...

  • District of Columbia

    CBO Offers 121 Ways to Shrink the Deficit

    By The Fiscal Times Staff

    The Congressional Budget Office has released a 326-page guide that describes dozens of ways the federal government could reduce its large and growing budget deficit. The 121 policy options included...

  • U.S. President Trump participates in tour of U.S.-Mexico border wall prototypes near Otay Mesa Port of Entry in San Diego, California

    Boxed In by Trump, GOP Hurtles Toward a Shutdown

    By Michael Rainey

    House Republicans considered moving forward with a bill that would have given President Trump the $5 billion he has demanded for border wall construction, but it looks like they’re leaving town...

  • Marco Rubio, 44

    Marco Rubio’s Surprise Critique of the GOP Tax Bill

    By Michael Rainey

    Sen. Marco Rubio (R-FL) tackled the decline of the American dream in an essay published by The Atlantic Thursday, and in doing so offered some sharp criticism of the 2017 Republican tax overhaul – a...

  • Moody’s Warns of Declining US Fiscal Strength

    By The Fiscal Times Staff

    Trump’s tax cuts combined with a slowing economy will diminish the United States’ “fiscal strength” over the next 10 years, Moody’s Investor Service said Wednesday. The gradual decline could pressure...

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

    Inside the Remarkable — and Costly — Decline of the IRS

    By Michael Rainey

    Weighed down by budget cuts and staff reductions, the number of audits performed by the Internal Revenue Service has been dropping for years. A new report from ProPublica and The Atlantic takes a...

  • 		<strong>Repair cost for 2011-2012</strong>: $238.36 <br /><strong>Overall rank</strong>: 11<br /><strong>Common repair problems</strong>: Inspect for loose fuel cap and tighten or replace as necessary; replace fuel pressure regulator (average repair cos

    Taking the Sting Out of a New Tax on Nonprofits

    By Michael Rainey

    Under the 2017 tax law, some churches, charities and other nonprofit organizations are being hit with a new tax on the value of transportation benefits provided to employees, including free parking...

  • President Donald Trump in combination photo during a campaign rally in Estero Florida

    The 3 False Claims Trump Repeats Most

    By Michael Rainey

    Washington Post fact checker Glenn Kessler analyzed President Trump’s voluminous record of false claims to determine which specific issues crop up most frequently. The top three have a strong fiscal...

  • FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves

    Amazon Got More Than $2 Billion in HQ2 Sweeteners

    Amazon confirmed on Tuesday that it will build two new headquarters in New York City and Northern Virginia while also adding a smaller site in Nashville that will deal with operations and logistics...

  • Deficit Hit $100 Billion in October

    By The Fiscal Times Staff

    The U.S. government spent $353 billion in October while revenues came in at $253 billion, producing a deficit of $100 billion. Receipts were 7 percent higher than a year ago, but spending was up 18...

  • Brady Ryan GOP Tax Plan

    The GOP Tax Cuts 10 Months In: What's Working, What's Not

    By Michael Rainey

    The $1.5 trillion Republican tax overhaul came with some big promises, including faster economic growth, increased business investment and significantly higher wages for American workers. Ten months...

  • Chart of the Day: How Taxes and Transfers Affect US Incomes

    By Michael Rainey

    A new analysis of the distribution of household income by the Congressional Budget Office shows how taxes and means-tested transfers such as Medicaid and food stamps affect US incomes. “The combined...

  • FILE PHOTO - A man, wearing a hat with an embroidery of the U.S. flag, votes on election day at a polling station in Harlem, New York, U.S., November 8, 2016. REUTERS/Bria Webb/File Photo

    What the Exit Polls Revealed on Taxes and Health Care

    By The Fiscal Times Staff

    Here's what exit polls told us about some key issues: 45 percent: NBC News’ exit poll found that 45 percent of voters said the Republican tax cuts had no impact on their personal finances, compared...

Taxes Directory

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