Last Saturday marked the 14th straight weekend of Yellow Vests demonstrations in Paris. The movement emerged in France back in November following the government's fuel tax hikes proposal and while the French government ultimately abandoned its plans...
Related topics: Protests, World Videos, France, Paris
President Trump squandered his political capital by using the first two years of his presidency to pass a still unpopular tax cut. That doesn't make it okay for Democrats to lie about it in an effort to keep scamming the American...
Politicians love such mega projects especially if paid for by taxpayers from other states, writes Grover Norquist, president of Americans for Tax Reform
When did taxpayers and industries start to rely on the refund?
Happy Wednesday and welcome back to On The Money. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line.See something I missed? Let me know at slane@thehill.com or tweet me @...
Related topics: China, Polls, Banking
Dutch historian Rutger Bregman rose to progressive stardom last month when he declared the wealthy need to face higher taxes — right in front of those wealthy people at the World Economic Forum in Davos.
Fox News' Tucker Carlson later...
A proposal to tax wealth finds support across party lines, along with the premise that the government should combat inequality.
On Wednessday, CNN anchors Jim Sciutto and Poppy Harlow portrayed Democratic policy proposals that enjoy high public support as extreme, calling “Medicare-for-all” and a tax on high amounts of wealth “far left of center” and “very far...
Related topics: CNN, Medicare, Polls
West Virginia cannot impose its state income tax on federal retirement benefits paid to a retired U.S. marshal while exempting its own pension payments to former state law enforcement officers, the Supreme Court ruled Wednesday in a 9-0 decision....
I recently wrote about the constitutional questions raised by the wealth tax proposed by Elizabeth Warren given countervailing constitutional dictates and standing precedent. One of the early advocates of such a tax has been Yale Professor Bruce...
Though most Americans associate April with taxes, the truth is, every day is tax time. Unless you’re lucky enough to live in a state with no sales tax, you pay a percentage on nearly all of the items you purchase. On a pack of gum you might just...
A strategy credit/tax analysis of why Apple trails.
Related topics: Apple (AAPL)
A new survey found a majority of the public supports proposals to increase taxes on the rich as progressive lawmakers and presidential candidates have been pushing for greater tax burdens for the very wealthy.Results from a SurveyMonkey...
Related topics: Polls
Connecticut Gov. Ned Lamont (D) wants his state to become the first to levy an extra tax on sugary drinks and sodas.In a budget proposal rolled out Wednesday, Lamont asked legislators to impose a new 1.5 cents per ounce tax on sugar-sweetened...
In 2017, the Internal Revenue Service processed more than 245 million tax returns and collected more than $3.4 trillion in revenue. Individuals and businesses throughout the U.S. are expected to file tax forms with the IRS to tell the federal...
Related topics: IRS
A French court ordered UBS to pay a fine of more than €4.5 billion ($5.1 billion) today, after finding the Swiss bank guilty of illegally soliciting wealthy French clients to help them evade tax. Of that total, €800 million in damages go...
Related topics: UBS, Banking
For some, this tax season so far has come with a costly surprise – a tiny tax refund or a big tax bill. The shock is hitting their finances.
Amazon will pay no taxes this year, but Andy Kraft and Amy Elias of Portland, Oregon, just found out they owe more than $10,000.
Welcome to the first tax season under the new GOP tax scam, a time when wealthy corporations pay little or no taxes but...
Related topics: Amazon, Amazon (AMZN), Kraft
The Washington Post had a rather confused piece that complained that investment encouraged by accelerated depreciation, which was a provision of the Trump tax cut (also the Obama stimulus), is "helping companies replace workers with machines." This...
Related topics: Barack Obama
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