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Government taxation and revenue

House Democrats push Treasury, IRS for repeal of rule blocking state and local taxes cap workaround

Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April...

Nearly half of families with kids can no longer afford enough food 5 months after child tax credit ended

lisegagne | E+ | Getty ImagesWithout the child tax credit, Stormy Johnson has been skipping her own meals so her kids can eat.Johnson,...

Your Social Security check might be taxed. Here’s how that could change

Fertnig | E+ | Getty ImagesDeath and taxes are two certainties in life, as the saying goes.But many people may not realize their...

Choosing between pre-tax and Roth 401(k) plans can be much trickier than you think

Prathanchorruangsak | Istock | Getty ImagesWhether you're a current employee or changing jobs, you may need to choose between pre-tax and Roth 401(k)...

How Davos became the anti-establishment’s punching bag

The World Economic Forum is trying to fix an image problem.Nearly 2,500 global leaders from business, politics and civil society are expected to...

House Democrats push for state and local taxes relief in appropriations bill

Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April...

Tying the knot this year? Add ‘marriage tax penalty’ to the potential cost

Gorodenkoff | Istock | Getty ImagesIf you're happily saying "I do" this year, be aware that the IRS can be a real buzzkill.While...

Amazon’s Bezos criticizes Biden over inflation tweet

Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021.Paul Ellis | ReutersAmazon founder...

Leading House Democrat Bill Pascrell demands Biden replace IRS chief over tax document destruction ‘scandal’

Charles P. Rettig, commissioner of the Internal Revenue Service, testifies during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget,...

Wages up to $147,000 are currently taxed for Social Security. How that could change

Golibtolibov | Istock | Getty ImagesTaxing the wealthy is a big topic in Washington these days.President Joe Biden recently proposed in his 2023...

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