Articles on Taxes

Displaying 101 - 120 of 228 articles

Sandstorm approaching Merzouga Settlement in Erg Chebbi Desert, Morocco. Pavliha/Getty Images

Six areas where action must focus to rescue this planet

Humanity’s biggest challenges are not technical, but social, economic, political and behavioural. Effective actions are still possible to stabilise the climate and the planet, but must be taken now.
Informal head porter workers Percent Boatemaq (left) and Lusaka Fuseina (right) carrying goods on their heads at Agbogbloshie market in Accra, Ghana. Photo by Jonathan Torgovnik/Getty Images

The World Bank and IMF are using flawed logic in their quest to do away with the informal sector

Influential international actors like the World Bank and the IMF should focus on expanding social protection rather than focusing on eliminating the informal economy.
Enforcing punishments on proven tax cheats could provide benefits beyond improving compliance to tax laws. Once offenders pay up, billions lost to offshore scandals could be recouped and the tax burden more fairly shared among taxpayers. (Shutterstock)

The Pandora Papers: How punishing tax cheats can serve as a deterrent

Research suggests punishing tax cheats can re-establish a sense of justice among the general public, so authorities should use their resources to ensure culpable offenders are held accountable.
Several lawmakers from high-tax states like New York are pushing for changes to a key tax deduction in Democrats’ $3.5 trillion spending package. Kent Nishimura/Los Angeles Times via Getty Images

Some rich people will love at least one sweetener in Democrats’ $3.5 trillion plan

The 2017 tax cuts put a $10,000 cap on the deduction for state and local taxes. The richest households would see the biggest gains from eliminating or raising the cap.
Vice President Kamala Harris speaks at an American Rescue Plan virtual briefing on March 11, 2021 in Washington, D.C. Tasos Katopodis/Getty Images

State lawsuits over stimulus tax rule face uphill battle

States claim the stimulus law assaults state sovereignty by barring local governments from using aid money to cut taxes. But the Supreme Court has consistently approved conditions on federal spending.
President Biden said he wants to raise capital gains taxes to help pay for his ambitious proposals. AP Photo/Andrew Harnik

What’s a capital gain and how is it taxed?

President Biden wants to raise the capital gains tax that wealthy people pay and use the extra revenue to fund new social spending on children and education.
U.S. taxpayers spend more than $2 billion annually in tax preparation fees. Nora Carol Photography/Getty Images

Why can’t the IRS just send Americans a refund – or a bill?

Dozens of prosperous countries save billions of dollars and hours annually by not requiring residents to fill out tax returns, so what is the United States waiting for?
A water bottle sits on the table in front of Chief and NDP candidate Rudy Turtle during a visit by NDP Leader Jagmeet Singh on Oct. 5, 2019 on the Grassy Narrows First Nation, where industrial mercury poisoning in its water system has seriously affected the health of the community. THE CANADIAN PRESS/Paul Chiasson

A sin tax on sugary drinks unfairly targets Indigenous communities instead of improving health

A tax on sugar-sweetened beverages may be intended to improve health, but for Indigenous consumers, such a tax would be unethical, contravene tax law and undermine Indigenous rights.

Top contributors

More