Taxes
  • A red traffic light stands in front of the U.S. Capitol building in Washington

    We’re Headed for a Big – and Expensive – Collision in Two Weeks

    By The Fiscal Times Staff

    The Bipartisan Policy Center issued a warning Friday about the upcoming deadlines for some very expensive budget items, including the $1.5 trillion tax package, new disaster relief spending, and what...

  • Maurice Luncheonette, Portland, Oregon

    Paying for the Tax Cut Free Lunch

    By Michael Rainey

    A new report from the Tax Policy Center starts with a simple premise: There’s no such thing as a free lunch when it comes to tax cuts, which are eventually paid for with higher taxes or lower...

  • FILE PHOTO: Sen. Susan Collins (R-ME) speaks with reporters ahead of the party luncheons on Capitol Hill in Washington, U.S., October 3, 2017. REUTERS/Aaron P. Bernstein/File Photo

    Could Susan Collins Flip Her Vote on the Tax Cut?

    By Michael Rainey

    The odds still very much favor the passage of the Republican tax bill, but there are questions about one of the Senate’s pivotal votes. Sen. Susan Collins of Maine has concerns about the bill’s...

  • FILE PHOTO: Speaker of the House Paul Ryan (R-WI) speaks during a press briefing on Capitol Hill in Washington

    GOP Tax Plan Not Doing Well at the Polls

    By Michael Rainey

    A CBS News poll released Thursday confirms what other surveys have been saying for some time: The Republican tax plan is not popular with the general public. While most Republicans support the tax...

  • The IRS provides second chances to get your tax return right with Form 1040X.

    A $300 Billion Mistake on the Corporate AMT?

    By Michael Rainey

    One of the issues that is already causing problems for Republicans is the alternative minimum tax for businesses, which the House eliminated in its version of the bill but the Senate retained at 20...

  • 10 Senators Who Could Determine the Fate of GOP Tax Plan

    The House passed its version of the Tax Cuts and Jobs Act to much fanfare on Thursday, and the Senate Finance Committee followed suit several hours later, setting up a vote on the legislation by the...

  • Senate Majority Leader Senator Mitch McConnell (R-KY) attends a news conference following party policy lunch meeting at the U.S. Capitol in Washington. REUTERS/Carlos Barria

    The Tax Battle Shifts to the Senate

    By David Morgan and Amanda Becker, Reuters

    Congressional Republicans took important steps on Thursday toward the biggest U.S. tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a...

  • The Presidential motorcade awaits the departure of U.S. President Donald Trump from the U.S. Capitol where he was meeting with Senate Republicans about tax legislation in Washington, U.S., November 28, 2017.  REUTERS/Kevin Lamarque

    Major US Tax Cuts Not Likely This Year, Economists Say

    By Indradip Ghosh and Rahul Karunakar, Reuters

    BENGALURU (Reuters) - U.S. Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll, who in any case were skeptical that...

  • Brady Ryan GOP Tax Plan

    House Passes Major Tax Overhaul Bill

    By David Morgan and Amanda Becker, Reuters

    The U.S. House of Representatives approved a broad package of tax cuts affecting businesses, individuals and families on Thursday, moving Republicans and President Donald Trump an important step...

  • Senate Plan Would Eventually Hike Taxes on Families Earning $75,000 or Less

    The latest analysis by the Joint Committee on Taxation casts further doubt on GOP claims that their tax bill represents a big win for American workers and the middle class. The report released...

Taxes Directory

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