The progressivity of the federal tax code has been waning. State and local policymakers should respond by protecting their ...
A new report by the Center on Poverty and Social Policy at Columbia University and the Institute on Taxation and Economic Policy (ITEP) uses data from 14 cities to show how local Child Tax Credits ...
Important tax measures were on the ballot this week, and the outcomes are clear: many voters support new state and local ...
A costly tax break for wealthy venture capitalists is drawing some critical attention from state policymakers.
Zohran Mamdani coasted to victory in the New York City mayoral race with a platform focused on making the city more affordable. He has promised ambitious social programs like universal child care and ...
This past year has been indelibly shaped by concentrated wealth and power. The 10 richest U.S. billionaires got $698 billion wealthier, and the arrival of the world’s first trillionaire grew more ...
Since 2017, these companies paid $135 billion in income taxes to foreign governments, but just $29 billion to the U.S.
This year, Missouri became the first state in the country to tax income but not capital gains. That could present a challenge as the state prepares to face a budget shortfall.
Meanwhile, in response to federal tax and spending cuts, and the growing need to address wealth and income inequality, ...
Analyzing disclosures from 11 publicly traded U.S. oil and gas companies between 2018 and 2024, the report shows that, ...
President Donald Trump’s signature legislation permanently expands a perk, called bonus depreciation, to 100%, meaning taxpayers can take losses ...
Public opinion polling shows that just 12 percent of the American public thinks that taxes on rich families are too high today. But lawmakers in several states are charging ahead with deep tax cuts ...