Researchers have shown how the tax system can reinforce disparities between households of different races or ethnicities, even though the Internal Revenue Code does not...
In a 2021 interview , Republican Vice Presidential candidate JD Vance indicated that families with children should pay less in taxes than childless taxpayers at...
The Supreme Court upheld Congress’s taxing authority, at least for taxing undistributed corporate profits. But what about Congress’s authority to tax other unreceived profits, like unrealized capital gains or other capital income?
Former President Trump’s proposal to exempt all tips from federal tax would benefit few tipped workers and hurt many. Tax-free tips might help a relatively...
This spring the IRS received more than 139 million individual income tax returns. Those returns give filers the option to direct a few of their tax dollars to the Presidential Election Campaign Fund (PECF). Eligible presidential candidates can use the money to help cover qualified expenses of their political campaigns in both the primary and general elections. But many of us decline the option. Do we not need or want it anymore?