Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...
The gap between U.S. federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because ...
Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
Despite announcing that no income tax needs to be paid up to an income of Rs 12 lakh under the new regime, the government is ...
President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what ...
During the campaign, President Donald Trump floated an “all tariff policy” to replace the federal income tax. Here’s what ...
117487911 A chart ... US tax revenue has also been much more volatile since then. A simple explanation for both these phenomena is that the US has remained more dependent on personal income ...