Soda taxes disproportionately affect lower income Americans, according to a new study released by the Tax Foundation.
Congressman Jared Polis of Colorado, who is sponsoring a bill that would repeal the Trump tax cuts, thereby effectively raising tax rates on most Americans and businesses, recently reconfirmed to a reporter in his home state that for at least five years he paid no income taxes at all from 2001 to 2005.
Local lawmakers in Seattle are poised to repeal a new tax on big businesses after receiving major pushback from local businesses like Starbucks and Amazon.
American manufacturers are investing in new equipment and facilities while also putting more money into workers’ paychecks, according to a survey released Wednesday by the National Association of Manufacturers (NAM).
The Seattle city council approved a new tax on large employers Monday, drawing the ire of the city’s business juggernauts Starbucks and Amazon.
Less than six months old, the tax reform law championed by President Donald Trump is already fueling an increasingly positive economic outlook for state governments across the country. A new report released Tuesday by the American Legislative Exchange Council (ALEC) found that closed loopholes and deductions at the federal level are resulting in increased revenue …
The Washington Post fact checker on Tuesday gave House Minority Leader Nancy Pelosi (D., Calif.) “two Pinocchios” for her misleading claim from last week that 86 million middle-class families will see a tax increase under the Republican tax reform law.