Taxes
  • 5) Washington, D.C.

    A 'Terrible Intergenerational Transfer:' Pros and Cons of the Tax Cuts

    The House Ways and Means Committee held a three-hour hearing Wednesday on the effects of the Republican tax overhaul. We tuned in so you wouldn’t have to. As you might have expected, the hearing was...

  • Business Investment Picking Up Steam

    By Michael Rainey

    Companies in the S&P 500 are increasing spending on their businesses at the fastest rate since 2011, The Wall Street Journal reports . Capex investment, which includes things like building...

  • District of Columbia

    Congress Has a Lot to Do Before Summer Break

    By Michael Rainey

    With the tax cuts passed and the White House increasingly focused on foreign policy, Republicans in Congress have set many of their top agenda items – from Obamacare repeal to immigration reform – on...

  • A customer prepares to fill up his tank in a gasoline station in Nice December 5, 2014. REUTERS/Eric Gaillard

    Rising Gas Prices Eat Into the Tax Cuts

    By The Fiscal Times Staff

    The monthly retail sales report due Tuesday morning should shed some light on the tug of war consumers are facing between the bump in take-home pay from the tax cuts and increasing toll they face at...

  • Will States Win Big with Legal Sports Gambling?

    The Supreme Court has cleared the way for more states to bet on sports gambling as a source of revenue. In a 6-3 decision , the high court on Monday struck down as unconstitutional a 1992 federal ban...

  • Moody's downgrade gives edge to safe-haven banks

    Why $21 Trillion in Debt Doesn't Bother the Credit Agencies

    By The Fiscal Times Staff

    The U.S national debt has surpassed $21 trillion, up 2.8 percent since the start of the year, but two of the leading credit agencies aren’t worried about the country’s ability to keep up with its...

  • Treasury Department Encourages Workers to Check Their Withholding

    By The Fiscal Times Staff

    With the new tax law in place, the Treasury Department is urging taxpayers to take another look at their paychecks and make sure the right amount is being withheld. “We urge taxpayers to visit the...

  • A congressional aide places a placard on a podium for the House Republican's legislation to overhaul the tax code on Capitol Hill in Washington

    Sparring Over the Tax Bill

    By Michael Rainey

    The Senate Finance Committee heard from supporters and critics of the new tax law in a hearing on Tuesday afternoon. There was little agreement to be found, with the Republican witnesses largely...

  • Why the Deficit Outlook Could Be Even Worse Than It Seems

    By The Fiscal Times Staff

    The Congressional Budget Office warned earlier this month that the U.S. will start running $1 trillion deficits in 2020, and that the national debt will be nearly as large as the economy in a decade...

  • Chart of the Day: Despite Trump's Tax Cuts, GDP Expectations Sag

    By The Fiscal Times Staff

    The Commerce Department is scheduled to issue its advance estimate of first-quarter GDP on Friday, and the report is widely expected to show economic growth slowed over the first few months of the...

Taxes Directory

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