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The Joint Committee on Taxation found that some middle- and low-income households could pay $16.7 billion in additional taxes next year as a result of the draft bill.
August 3 -
Now that Senator Joe Manchin is on board with a $433 billion tax and climate bill, Democrats, Republicans and the private equity industry all are trying to suss out where the Arizona lawmaker stands.
August 2 -
About half of a new alternative corporate income tax would be paid by companies that self-identify as manufacturers.
August 2 -
The former Treasury secretary said that any tax hikes shouldn’t go toward funding fresh outlays.
July 25 -
A worldwide tax deal heralded as a “revolution” for the profits of multinational tech firms has run into a thicket of technical difficulties that will delay implementation to 2024 at the earliest.
July 11 -
Senate Democrats are working on shrinking the tax increases in the president's economic package as part of a bid to get it passed in the coming weeks.
June 30 -
The country says it wants a legal guarantee to ensure multinational companies leave more in countries where they generate revenue.
June 7 -
Kimberly Clausing pushed to increase taxes on corporations and wealthy Americans, including upping the domestic corporate rate to 28%.
June 2 -
The state had an average annual net out-migration of 28,700 part-year residents, or 0.3% of taxpayers, between 2015 and 2019.
May 23 -
The Senate Finance chairman is investigating the embattled drugmaker and formula producer’s low tax rates, alleging the company’s investments in stock buybacks may have driven the nationwide formula shortage.
May 18