Taxes
  • Senator Elizabeth Warren delivers a major policy speech  in Washington

    Warren Offers a Wealth Tax Calculator for Worried Billionaires

    By Michael Rainey

    Elizabeth Warren’s proposed wealth tax seems to have unsettled some of the country’s wealthiest citizens, inspiring criticism from the likes of Bill Gates and Leon Cooperman — and maybe playing a...

  • Former U.S. Secretary of State Clinton appears on stage at the Women in the World Summit

    Hillary Clinton: Warren’s Medicare for All Plan Won’t Ever Get Enacted

    Hillary Clinton said Wednesday that she doesn’t believe Elizabeth Warren’s Medicare-for-All plan would ever become law and that there are better ways to raise revenues than Warren’s proposed wealth...

  • Number of the Day: $13 Billion

    By The Fiscal Times Staff

    That’s how much Microsoft founder Bill Gates would pay in federal taxes this year under Elizabeth Warren’s proposed wealth taxes, according to back-of-envelope calculations by CNBC’s Robert Frank (...

  • Sen. Van Hollen announces a bipartisan agreement on Turkey sanctions during a news conference in Washington

    Democrats Propose New Tax on Millionaires

    By Michael Rainey

    Two Democratic lawmakers unveiled a plan Thursday that would raise taxes on high-income households. Sen. Chris Van Hollen of Maryland and Rep. Don Beyer of Virginia are proposing a 10-percentage...

  • FILE PHOTO - Kentucky Governor Matt Bevin introduces US Vice President Mike Pence to speak about the American Health Care Act during a visit to the Harshaw-Trane Parts and Distribution Center in Louisville

    Medicaid Work Requirements Dealt a Loss in Elections

    By Michael Rainey

    The effort to impose work requirements on Medicaid beneficiaries experienced a setback Tuesday with the apparent defeat of Kentucky Gov. Matt Bevin. Bevin, a Republican, hasn’t conceded defeat in his...

  • A Permanent Payroll Tax Cut?

    With the Trump administration reportedly considering a temporary payroll tax cut to boost the economy and ward off a potential recession, Marc Goldwein of the Committee for a Responsible Federal...

  • Are Republican Voters Done With Tax Cuts?

    By Michael Rainey

    The White House is reportedly mulling another tax cut in the form of an inflation adjustment on capital gains and President Trump has promised a middle-class tax cut if Republicans sweep the 2020...

  • U.S. President Trump speaks while meeting with NATO Secretary General Stoltenberg in the Cabinet Room at the White House in Washington

    Will Trump Cut Taxes for the Rich Again?

    President Trump is apparently still considering a plan to cut taxes by indexing capital gains to inflation — even after Trump had appeared to publicly reject such a move last month for fear that it...

  • A sign marks the U.S Treasury Department in Washington

    Should the US Issue 100-Year Bonds?

    By Michael Rainey

    Treasury Secretary Steven Mnuchin said Wednesday that the U.S. is considering issuing ultra-long U.S. bonds – debt in 50- or 100-year durations. “If the conditions are right, then I would anticipate...

  • Can a Divided Congress Step Up to Fight a Recession?

    The Congressional Budget Office projected last week that the deficit for the current fiscal year will rise to $960 billion, or 4.5% of gross domestic product, up from $779 billion (3.9% of GDP) last...

Taxes Directory

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