Taxes
  • 5) Washington, D.C.

    A 'Terrible Intergenerational Transfer:' Pros and Cons of the Tax Cuts

    The House Ways and Means Committee held a three-hour hearing Wednesday on the effects of the Republican tax overhaul. We tuned in so you wouldn’t have to. As you might have expected, the hearing was...

  • Business Investment Picking Up Steam

    By Michael Rainey

    Companies in the S&P 500 are increasing spending on their businesses at the fastest rate since 2011, The Wall Street Journal reports . Capex investment, which includes things like building...

  • District of Columbia

    Congress Has a Lot to Do Before Summer Break

    By Michael Rainey

    With the tax cuts passed and the White House increasingly focused on foreign policy, Republicans in Congress have set many of their top agenda items – from Obamacare repeal to immigration reform – on...

  • A customer prepares to fill up his tank in a gasoline station in Nice December 5, 2014. REUTERS/Eric Gaillard

    Rising Gas Prices Eat Into the Tax Cuts

    By The Fiscal Times Staff

    The monthly retail sales report due Tuesday morning should shed some light on the tug of war consumers are facing between the bump in take-home pay from the tax cuts and increasing toll they face at...

  • Will States Win Big with Legal Sports Gambling?

    The Supreme Court has cleared the way for more states to bet on sports gambling as a source of revenue. In a 6-3 decision , the high court on Monday struck down as unconstitutional a 1992 federal ban...

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