It appears that the green energy tax breaks included in last year’s Inflation Reduction Act (IRA) are more popular among businesses than Congress imagined when...
Charles and Kathleen Moore of Washington State view "income" differently. If we care about sustaining an efficient, fair tax code, we should all try to understand why.
Huge tax and other subsidies for sports facilities are almost never good ideas. But two new, and especially egregious, examples of how public funds can...
House Speaker Kevin McCarthy (R-CA) and President Biden recently agreed to cut back on some of the increased IRS funding enacted through last year’s Inflation...
About one year ago, the US Supreme Court struck down the constitutional right to abortion in Dobbs v. Jackson Women’s Health Organization . Since then,...
The recent compromise between Republicans and Democrats on extending the federal debt limit was hailed for avoiding the disaster of a default, demonstrating that both...
In recent years, businesses have been able to fully deduct expenses related to research and development (R&D) in the year the investment was made (often...
House Republican plans to temporarily raise the standard deduction and restore more generous business tax deductions would result in modest tax cuts for most households...
