House Votes to Kill Estate Tax
The "death tax is actually hurting our economy now and putting unnecessary pressure on families and small businesses," said House Ways and Means Chairman Ryan.
50 Ways for States to Tax Residents
Which states have the lightest tax burden? The answer isn't as straightforward as it seems.
Rubio-Lee Tax Plan Gets Thumbs Up From Tax Foundation
While a New York Times editorial dubbed the plan the Puppies and Rainbows Tax Plan, the foundation says it would boost long-term growth dramatically.
Top 7 Income Sources in America
While wages dominate, the idea that the middle class doesn't earn substantial returns from capital is false, the Tax Foundation says.
Is Warren Buffett a Hypocrite on Taxes?
Hold the pickles, hold the lettuce, special tax deals don’t upset Warren Buffett, who's having it his way with the Burger King tax inversion.
Obama Threatens to Veto Bonus Depreciation Extension
Bonus depreciation was “never intended to be a permanent corporate giveaway,” the Obama administration said as the House passed a bill to make it permanent.
Cut College Debt Through Simpler Tax Incentives, Senator Says
The Senate Finance Committee looked at ways to reduce student borrowing through the tax code. One possibility: boosting prepaid 529 plans.
House Panel Advances Tax Extenders Package
Bonus depreciation, also known as bonus expensing, allows all businesses to immediately deduct 50% of investment in equipment and software.
Making Bonus Depreciation Permanent to Be Debated by House Panel
Making bonus depreciation permanent “is the best option to spur investment, lift wages, grow the economy, create jobs and increase federal revenue,” says Tax Foundation.
Most Millionaires Don’t Stay That Way
New research shows that most Americans — even the poorest and the wealthiest — move up and down the income scale over their working lifetimes.