President Trump is threatening to raise taxes on Americans. Again. That’s because tariffs are taxes, and they are paid by Americans, not by foreigners.
Capping the federal tax deduction for state and local taxes was intended to focus attention on high state taxes. It’s working.
In his State of the Union address, President Trump highlighted an economy that has grown much stronger on his watch, in large part thanks to his tax reform legislation.
Congress needs to create a clear standard that defines physical presence and other key terms, and protects small and modest-sized sellers from the burdens of onerous multi-state audits.
French President Macron's gas tax blew up in his face. Will others seeking to build a clean energy legacy on the backs of taxpayers learn a lesson?
We should be cautious about calls to make the tax code more progressive since income inequality seems to have been grossly exaggerated.
Congress is already thinking about how to restore the notion of taxation only with representation—i.e., restore a physical-presence standard, by simplifying business activity taxes (BAT).
Who pays the Trump tariffs? Americans, that’s who—as importers of tariffed products, businesses that buy those imported items, and, ultimately, consumers.
Aggressive use of the Impoundment Control Act could restore some sanity to federal spending and create consensus toward revision of the filibuster rule.
If Democratic leadership thinks the way to respond to the Republican tax cut is to argue for tax increases, they may be throwing Republicans just the lifeline they need for the midterm elections.