After years of ranking second or third, Florida is now considered the absolute worst in terms of how much less a percentage of their incomes Donald Trump and other wealthy residents pay compared to ...
Millions of immigrants living in the country illegally still pay income taxes every year, contributing billions to federal, state, and local governments, often through the Individual Taxpayer ...
In last night’s address to Congress, President Trump spent more time insulting Americans, lying, and bragging than he did ...
Proposals from governors in both New Jersey and Wisconsin include provisions to tax high-income earners. Meanwhile, several ...
For many decades, the United States has experienced growing wealth inequality between the richest and poorest households and ...
While lawmakers often speak about income inequality, less attention is paid to wealth inequality. Wealth is distributed even ...
In Missouri, donations to anti-abortion pregnancy resource centers come with state tax credits valued at 70 cents on the ...
Elon Musk, the world’s richest individual, suggested on Monday that his government cost-cutting team would scrutinize Social Security and ...
A little-known Starbucks subsidiary in Switzerland appears to have played a big role in how much the coffee chain paid over the last decade in taxes, according to a new report. On paper, Starbucks ...
Many states with corporate income taxes include some amount of federally defined Global Intangible Low-Taxed Income (GILTI) in their tax bases. Twenty-one states plus D.C. include some amount of GILTI ...
A new report from CICTAR alleges that hidden behind its ‘ethical’ sourcing of coffee beans, Starbucks engages in major global tax avoidance. The report estimates that at least $1.3 billion has been ...
Trump tax plans – like extending most provisions of the Tax Cuts and Jobs Act (TCJA) that are set to expire, special tax breaks for people who earn some kinds of income, or new corporate tax cuts – ...