Allies are pushing the president to do more to sell skeptical voters on his economic record and to attack his likely Republican rival on tax policy.
Category: Corporate Taxes
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Trump’s Tax Cut Fueled Investment but Did Not Pay for Itself, Study Finds
The most detailed research yet on corporate response to the 2017 Republican tax law shows modest gains for workers and high cost to the federal debt.
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What’s in the New Tax Deal?
Budget watchdogs warn that temporary changes to the tax code that are being debated on Capitol Hill will lead to more deficits in the long run.
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Justices Seem Skeptical of Challenge to Trump-Era Tax Provision
The Supreme Court’s liberal wing and more moderate conservatives seemed to be searching for a way toward a limited ruling on a tax law that affects foreign profits of American companies.
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How a Legal Fight Over a $15,000 Tax Bill Could Upend the U.S. Tax Code
The Supreme Court ruling in the Moore case could cost the federal government billions of dollars in lost tax revenue.
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The Federal Deficit Is Growing. This Is Why.
Tax receipts dipped unexpectedly last year. The Biden administration blames Republican tax cuts, but the truth is more complicated.
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Ireland’s Latest Fiscal Headache: What to Do With 10 Billion Euros
The government in Dublin has a big budget surplus, thanks to its low tax rate for multinationals. Build more housing? Or a subway? Sock it away? Whatever the case, someone will be unhappy.
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DeSantis Gains Control of Tax Board Overseeing Disney World
The New York Times – Business:The Florida governor had wanted to abolish the resort’s designation as a special tax district. That would have left two counties paying for services like policing.
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Treasury Department Outlines Rules for New Corporate Taxes
The New York Times – Business:The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s climate and health bill.
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State Officials Seek to Revisit Sports-Betting Arrangements
The New York Times – Business:Officials in New York, Kansas and elsewhere are voicing new concerns about the rise of online sports betting after a series of articles in The Times examined it.