Elon Musk has cautioned about the US economy, suggesting potential bankruptcy if the national debt crisis isn't addressed. He ...

Trump is trying to push his 'big beautiful tax and spending bill through Congress. Here's who would benefit the most – and ...

States bleeding population face myriad challenges, including the loss of taxpayer funds that could be used to pay for ...

as is clear from a graph of government revenue from taxes on corporate income provided by the Federal Reserve. As the data show, corporate tax revenues dropped in 2018, the first year of the TCJA ...

A graph has been published predicting the change in income between the lowest and ... based on the Institute for Public Policy Research's Tax Benefit Model, shows how there is set to be a shocking ...

The most recent audit data, for tax year 2021, show an overall audit rate of 0.2%, or roughly one audit for every 500 returns from individual taxpayers. For returns that showed income of $500,000 ...

That means, according to financial projections made by county economists in January, the county must raise the tax on high-income earners ... (Another graph shows that if the county delays the ...

The graph below shows the net result from transactions ... years are being forecast based partly on growing taxation revenue. Tax revenue is expected to rise from $41.7 billion in 2025-26 to ...

“the economic evidence shows American firms and consumers were hardest hit by the Trump tariffs.” At the same time, it would be hard to replace the revenue collected from income taxes with ...