Taxes
  • Nonprofit work

    Bad News for Charity on Giving Tuesday

    By Michael Rainey

    “Despite Giving Tuesday and despite all the charitable appeals that almost certainly landed in inboxes, charitable donations by individuals declined by slightly more than 1 percent in 2018, according...

  • Only One Demographic Group Opposes Warren’s Wealth Tax

    The idea of a wealth tax like the one proposed by Sen. Elizabeth Warren is popular with a broad swath of voters, Ben Casselman and Jim Tankersley of The New York Times report . A new nationwide poll...

  • A homeless woman sits on a bench few blocks away from the White House in downtown Washington

    Chart of the Day: Record Low Poverty Rate

    By Michael Rainey

    The extensive array of government assistance programs — including Social Security, unemployment insurance, veterans’ benefits, nutritional aid, rental assistance and the Earned Income Tax Credit —...

  • Public Investment Is the Key to Avoiding Economic Stagnation: Report

    By Michael Rainey

    Economic stagnation on a global scale is a growing threat, according to a new report from the Organization for Economic Co-operation and Development (OECD). The group’s November economic outlook...

  • FILE PHOTO: Democratic presidential candidate Senator Elizabeth Warren speaks during the fourth U.S. Democratic presidential candidates 2020 election debate at Otterbein University in Westerville, Ohio U.S.

    Pushing Back Against the Wealth Tax at the Dem Debate

    By Michael Rainey

    Sen. Elizabeth Warren defended her proposed wealth tax at the Democratic presidential debate on Wednesday night: “I’m tired of freeloading billionaires,” Warren said . “I think it's time that we ask...

  • House Democrats’ Budget Will Call for Raising Corporate Taxes

    By The Fiscal Times Staff

    The new Democratic House Budget Committee chairman said Friday that the fiscal 2020 budget blueprint his chamber produces will seek to raise revenue by increasing the corporate tax rate from the...

  • Paychecks Are Growing Faster – but It’s Probably Not Due to the Tax Cuts

    By Michael Rainey

    Wages for American workers are finally rising at a faster pace and the trend is likely to continue, says Bloomberg’s Barry Ritholtz. Several factors are contributing to the faster pace of wage growth...

  • 5 Tax Issues to Watch in 2019

    By The Fiscal Times Staff

    A divided Congress isn’t going to make another round of sweeping changes to the tax law this year, but there are plenty of important tax issues that are likely to come up. Tax Policy Center Senior...

  • Why 2018 Was an ‘Unusual Year’ for US Tax Revenues

    By Michael Rainey

    Federal tax revenues were lower in 2018 than in 2017, reversing a trend of rising revenues seen in recent years, according to U.S. Treasury data tracked by District Economics Group. DEG’s Diane Lim...

  • Washington, DC

    What’s in the New House Rules Package

    By Michael Rainey

    The new Democratic-controlled House is expected to adopt a rules package Thursday, with provisions covering a variety of issues ranging from wearing religious headgear on the House floor (to be...

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