Taxation – Page 30

Edward C. Prescott, 81, Dies; Won Nobel for Studying Business Cycles

He was among the leading thinkers to explain the economic shocks of the 1970s, and his work was critical to the supply-side economics of the ’80s.

By Clay Risen

Corporate Taxes Europe European Union Great Britain Natural Gas Oil (Petroleum) and Gasoline Politics and Government Tax Credits, Deductions and Exemptions Taxation

Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?

Britain is raising a tax on gas and oil producers, and adding a levy on companies that supply electricity — a similar approach to that of other governments chasing revenue.

By Patricia Cohen

Inflation Reduction Act of 2022 Internal Revenue Service Rettig, Charles P Taxation United States Politics and Government

I.R.S. Gets Interim Leader at Pivotal Moment for Tax Collector

The White House has yet to nominate a full-time commissioner as the agency embarks on an $80 billion overhaul.

By Alan Rappeport

Consumer Price Index Food Income Income Tax Inflation (Economics) Internal Revenue Service Tax Credits, Deductions and Exemptions Tax Cuts and Jobs Act (2017) Taxation

IRS Releases Inflation-Adjusted Tax Rates for 2023

Filers whose salaries have not kept pace with inflation could see savings on their federal income tax bills.

By Jim Tankersley