The Internal Revenue Code outlines how much individuals and businesses pay in taxes to the U.S. government based on their income and earnings. The Internal Revenue Code is the federal tax law in the U ...

Michael Linden examines how our tax code has grown less effective at dampening income inequality, and how various proposals to reform the code would affect inequality. Rep. Paul Ryan's (R-WI) tax ...

Just last week, the Biden administration revealed a Build Back Better framework that proposes a new surtax on high-income taxpayers and other tax code reforms to pay for $550 billion of spending ...

The tax code has been a big topic since President Donald Trump visited Missouri in August. Trump called for tax cuts and policies that he said would grow the economy. Sen. Roy Blunt, R-Mo., continues ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

House conservatives are breathing new life into an old proposal to do away with income taxes, payroll taxes, estate taxes and even the IRS itself in favor of a supersized sales tax that would account ...

As lawmakers in Congress debate whether to renew the personal income tax cuts established by the Tax Cuts and Jobs Act, a familiar criticism has resurfaced: that President Trump’s signature ...

The definition of income—what it is and how it’s taxed—is a core issue of a Supreme Court case that could have far-reaching effects for taxpayers. Moore v. United States, argued before the court in ...

The last major overhaul of the tax code was in 2017, when Republicans passed the Tax Cuts and Jobs Act. Much of that is set to expire next year, and that means a big debate over tax policy is looming.