The fiscal cliff deal is likely, according to Washington bean counters, to raise roughly $620 billion in new upper-income taxes over the next decade. In 2013, that works out to be about $50 billion.
Announcing a push for comprehensive tax reform on Wednesday, President Trump railed against the tax code’s complexity. Ninety percent of taxpayers, Trump said, need help to file their taxes. This ...
Nothing demonstrates the frustrating complexity and inefficiency of the United States government more than filing your taxes. The tax code is 6,800 pages (and counting), and is nearly impossible for ...
Doing a tax return, like a near-death experience, focuses the mind. It tends to leave one contemplating the meaning of things, though not necessarily the deeper aspects of life. More likely, taxpayers ...
Republicans claim they are slashing government, but they're about to explode the budget deficit to extend President Donald Trump's tax cuts—which would balloon interest payments on the national debt, ...
Death and taxes are the only inevitables in life, but Americans are clamoring for reform and would like to stick a fork in the complexities of the U.S. tax code. President Trump has promised numerous ...
According to industry reports, there are more than 130,000 tax preparation businesses with nearly 300,000 employees in the United States. For the sake of comparison, that’s roughly the amount of every ...
As millions of Americans sit down to prepare their income tax returns, a recent survey suggests that this activity is driving people to tears and to therapists. Despite the widespread desire across ...
The U.S. tax code has become increasingly complex, leading many to rely on software for filing. The author suggests a simpler system: a flat 10% tax on all income, similar to the biblical tithe.