AND THE S&P 500 DOWN A LITTLE MORE THAN 43 POINTS. EDIE: THESE ARE SOME QUESTIONS WE ARE GETTING ABOUT THE MIDDLE CLASS TAX REFUND, IS IT TAXABLE OR NOT? AND DO YOU CLAIM MONEY YOU DON’T YET HAVE?

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Taxes are something that you cannot simply avoid. Working-class Americans often find ...

House Democrats unveiled a sweeping tax-hike plan this week that dramatically raises the rates paid by wealthy Americans and corporations – but the proposal could also have long-term implications for ...

The conversation around tax fairness has become one of the most heated debates in modern America. Everyone seems to have an ...

is a distinguished senior fellow with the Mercatus Center at George Mason University, a former vice chairman with the FDIC, and the former president and CEO of the Federal Reserve Bank of Kansas City.

The American Rescue Plan signed into law by President Joe Biden delivered $1.9 trillion of aid to shore up families, businesses, and cities and local governments amid the ongoing pandemic. But it will ...

In his latest economic policy proposals, President Biden has laid out a wish list of tax increases to help pay for his administration’s proposed massive spending increases. His rhetoric, which accuses ...

The idea of an onerous middle-class tax burden permeates the American political psyche. Both Joe Biden and Donald Trump campaigned on middle-class tax cuts. The myth of the “forgotten man” who pays ...

Exactly a century ago, on October 3, 1913, President Woodrow Wilson signed the first modern federal income tax into law. The sky did not fall. That may have surprised the eminences of the American ...