Taxes on Income and Property and Taxes on Domestic Goods and Services (including VAT) are typically the dominant tax components. There has been a continuous policy focus on broadening the tax base and ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

The drivers of the improvement are largely outside the government’s control. Meanwhile, total debt is projected to exceed $1 ...

When Missouri lawmakers voted on the bill, the tax cut was estimated to reduce revenue by about $111 million annually. Now ...

WASHINGTON, DC - OCTOBER 1: A sign indicating that the U.S. Capitol Visitor Center is closed due to the government shutdown, on October 1, 2025 in Washington, DC. Congress could not agree on a budget ...

The budget votes began two days into the start of the 2026 fiscal year, after lawmakers passed a stopgap budget Oct. 1. The budget cuts many state agencies but provides about $1.1 billion extra for ...

Due to the government shutdown—now in its third week—IRS operations are limited. Despite the need to prepare for the upcoming tax filing season—with new tax laws like no tax on tips in place—the IRS ...

Prime Minister Mark Carney tabled his government's first budget in the House of Commons on Tuesday, and included in the plan are several changes to taxes for Canadians and businesses. Among the ...

PARIS, Oct 31 (Reuters) - French lawmakers shot down proposals to levy a wealth tax on the ultra-rich demanded by the Left and on Friday backed instead a diluted government plan to tax assets kept in ...

Steve Schifferes does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...