Taxes
  • Beer/Ale/Alcoholic Cider

    Map of the Day: Beer Taxes in Every State

    By The Fiscal Times Staff

    Taxes are the largest single part of the retail price of beer, accounting for roughly 40 percent of what consumers pay at the register, according to the sounds-awfully-fun-to-work-at Beer Institute...

  • Why Companies Aren’t Investing Their Tax Cut Windfalls

    By Michael Rainey

    We’re five months into the new business tax system in the U.S., and while companies are clearly pleased with the drop in the top rate to 21 percent, they’re not quite sure what to do with the cash...

  • Office of Management and Budget Director Mick Mulvaney testifies before the House Budget Committee about President Donald Trump's 2018 budget proposal on Capitol Hill

    Mulvaney: Democratic Criticism of CHIP Clawbacks Is Pure Hypocrisy

    Mick Mulvaney is firing back at Democratic critics of the White House’s plan to cut $15.4 billion in spending, including $7 billion in unspent funding for the Children’s Health Insurance Program. In...

  • Global Dealmaking on Path to New High

    By Michael Rainey

    The tax cuts are providing a big boost for corporate dealmaking, as t he lower corporate tax rate and the repatriation of foreign holdings free up cash that companies can use to make new investments...

  • Tax Cuts Fuel Record Bank Profits

    By Michael Rainey

    Thanks in part to the tax cuts taking effect this year, banks insured by the Federal Deposit Insurance Corporation reported record earnings of $56 billion for the first quarter of 2018. That...

  • A congressional aide places a placard on a podium for the House Republican's legislation to overhaul the tax code on Capitol Hill in Washington

    Sparring Over the Tax Bill

    By Michael Rainey

    The Senate Finance Committee heard from supporters and critics of the new tax law in a hearing on Tuesday afternoon. There was little agreement to be found, with the Republican witnesses largely...

  • Why the Deficit Outlook Could Be Even Worse Than It Seems

    By The Fiscal Times Staff

    The Congressional Budget Office warned earlier this month that the U.S. will start running $1 trillion deficits in 2020, and that the national debt will be nearly as large as the economy in a decade...

  • Chart of the Day: Despite Trump's Tax Cuts, GDP Expectations Sag

    By The Fiscal Times Staff

    The Commerce Department is scheduled to issue its advance estimate of first-quarter GDP on Friday, and the report is widely expected to show economic growth slowed over the first few months of the...

  • The Biggest Winners from the ‘Small Business’ Tax Cuts

    By Michael Rainey

    Republicans insisted that their tax cuts on pass-through entities were meant to reduce the tax burden on small businesses and thus spur job creation. But updated estimates from the Joint Committee on...

  • Teachers rally inside the state Capitol on the second day of a teacher walkout to demand higher pay and more funding for education in Oklahoma City

    Tax Cuts Take a Toll on State and Local Public Servants

    By Michael Rainey

    Teachers in Arizona have announced they will go on strike this week, joining educators in Oklahoma, West Virginia and Kentucky protesting low wages and insufficient school funding in their states...

Taxes Directory

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