Taxes
  • Australia Wants to Jump-Start Trump’s Infrastructure Plan

    By Michael Rainey

    During his visit to the White House this week, Australian Prime Minister Malcolm Turnbull is expected to propose using part of his nation’s roughly $2 trillion pension savings pool to invest in U.S...

  • The rising cost of existing tax breaks could add about $3 trillion dollars to the federal debt by 2020.

    Most Americans Aren’t Feeling the Tax Cuts Yet

    By Michael Rainey

    Only a quarter of registered voters are seeing the effects of the recently passed tax cuts in their paychecks, according to a Politico/Morning Consult poll released Wednesday. The majority of...

  • July 21, 2014

    Are We Turning the Dials the Wrong Way?

    “Federal fiscal policy is entering uncharted territory,” Goldman Sachs economists Alec Phillips and Blake Taylor warned Sunday in a research note. Their title: “What’s Wrong with Fiscal Policy?” You...

  • U.S. President Trump sits at his desk before signing bills at the White House in Washington

    Tax Overhaul Gaining Support

    By Michael Rainey

    The public is slowly warming to the Republican tax overhaul, according to a new survey from The New York Times . Approval has risen to 51 percent, up from 46 percent in December, likely driven at...

  • Tax Cuts Help Drive Corporate Buybacks to Record High

    By Michael Rainey

    Companies are buying their own stocks at a record pace this year, according to Birinyi Associates, an investment firm in Westport, Connecticut. U.S. corporations announced $170.8 billion in stock...

  • ITALY-HORSES-THEFT

    ‘Temporary’ Tax Breaks Alive and Well in Budget Deal

    By Michael Rainey

    The Senate budget deal contains multiple “tax extenders” that carry over supposedly temporary tax breaks from previous years. These extenders are an odd bunch and include tax breaks for everything...

  • Big Jump in Corporate Buybacks

    By The Fiscal Times Staff

    Critics of the GOP tax overhaul argue that businesses will use their tax cut windfall not for domestic investment but to boost buybacks and enrich shareholders. On Wednesday, CNBC provided some...

  • Why Companies May Hold Back on Investing Their Tax Cut Cash

    By Michael Rainey

    One of the key claims made by supporters of the GOP tax overhaul is that the new tax rules will boost domestic investment significantly. Kevin Hassett, chair of the president’s Council of Economic...

  • FILE PHOTO - Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 26, 2018. REUTERS/Brendan McDermid

    Are the GOP Tax Cuts Spooking the Stock Market?

    By Michael Rainey

    After a prolonged and unprecedented period of stock market calm, investors are looking for someone or something to blame for the recent sharp drop in equities and Tuesday’s volatile swings. The...

  • How Big Business Is Reacting to the Tax Cuts

    By Michael Rainey

    The recently passed tax overhaul is already having a big effect on U.S. businesses, Bloomberg reports, with a record 75 percent of companies raising their guidance on profits: “The main takeaway at...

Taxes Directory

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