A study released this week by the president’s Council of Economic Advisers found that congressional Republicans’ tax reform framework would produce thousands of dollars in income growth for American households.
One of the many reasons we need tax reform is that our current system encourages bad economic policy at the state level and subsidizes wealthy individuals.
President Donald Trump has released his tax reform plan, and in a rare display of party unity, Vermont Republicans seem to be strongly behind their leader.
Let’s be honest, if the tax plan currently being debated in Washington becomes law, there will be winners and losers. The question is, how will it affect you?
Why should Americans from red states and lower-tax blue states be subsidizing other states? If states like California want to embrace big government, that’s fine — but they should also have to finance it themselves, not ask for a handout from the rest of the country.
Americans spend 9 billion hours every year complying with the tax code, which costs them more than $400 billion in lost economic productivity every year.
Now that the voters have given Republicans control of the White House, House and Senate, there is a real opportunity to achieve comprehensive, pro-growth tax reform.
Nonprofits with huge endowments need to change. Otherwise, they, too, might be subject to Section 531 of the U.S. Tax Code.
In a national speech on Wednesday, President Donald Trump framed the tax reform debate that will continue to unfold when Congress returns next week. Here are four ways to change our tax code to boost economic growth.
The IRS is warning tax professionals that email-based phishing scams are putting their business and client data at risk, but a tax preparer in Vermont says the IRS is to blame.
Since Trump’s inauguration, we have averaged nearly 184,000 new jobs per month, but that is without major substantive reforms like repealing Obamacare or tax cuts. Instead, gains have likely come from reductions in harmful regulations that make it easier to run businesses in the U.S.
The Agency of Natural Resources has fined two salvage companies in the past two months for failing to keep up with state permitting and environmental regulations. Fines on the small local businesses total just shy of $35,000 in combined penalties.