The impossible task ahead for the newly flush Internal Revenue Service
tax policy
Posted inEconomic Policy
The Freedom Caucus Has a Harebrained Plan to Jack Up Taxes on the Poor
Under the ‘Fair Tax,’ the poorest fifth of Americans would pay roughly 70 percent of their income in taxes.
Posted inEconomic Policy
The Smart Bipartisan Plan to Shore Up Social Security
Bill Cassidy and Angus King propose an American social wealth fund.
Posted inMoney, Politics, and Power
How Nevada Picks Millions From California’s Pocket
A lawsuit against members of the wealthy Getty family exposes the intricacies of state trust law.
Posted inMoney, Politics, and Power
From the North Atlantic to Rural Tennessee
Our managing editor handpicks his Best of 2022.
Posted inEconomic Policy
Wall Street Wins Again on Retirement Savings
A perk for the asset management industry found its way into the omnibus spending bill. Meanwhile, the savings of disabled Americans living in extreme poverty will continue to be strictly means-tested.
Posted inTAP
The Tax Evader in Chief
Today on TAP: Trump is only a more flagrant case of what is all too normal in the real estate biz.
Posted inTAP
The Coming Social Security Clash
Today on TAP: The worsening income distribution has reduced payroll tax receipts. Progressives need compelling reforms to defend and strengthen our most popular program.
Posted inEnergy and the Environment
Europe Tries to Stop Exporting Its Emissions
A new EU border tax on carbon could hurt low-income industrializing countries, but ‘green protectionism’ is here to stay.
Posted inTAP
Chinese Solar Manufacturers Cheated to Avoid Duties, Government Investigation Finds
Today on TAP: A Commerce Department investigation found that Chinese companies shipped solar panels through Southeast Asian countries to circumvent U.S. trade law.
