How Can You Cut $3.5 Trillion That Will Build Back Better?

To begin to grasp President Biden’s spending proposals and the spending cuts debate, we need to understand big numbers.

New Pillars For the Global Corporate Tax System

Although 136 countries have agreed to update the corporate tax system, a 15 percent maximum rate is not as simple as it sounds.

Deciding Who Is Rich

With the Biden Administration taking us to a $400,000 threshold for higher taxes, deciding who is rich has become a legislative debate.

How Covid-19 Affected State Tax Revenue

We can look at a snapshot of different sources of state tax revenue for 2019 and 2021 to see yet another way that Covid-19 affected us.

When E-Cigarette Taxes Increased Smoking

Ranging from Argentina to Uganda, countries have banned e-cigarette sales. Elsewhere, hoping to minimize smoking, nations use e-cigarette taxes. The taxes though have had unintended consequences. Let’s take a look. E-Cigarette Taxes Globally, we have 30 countries that ban e-cigarettes…

Deciding if the Federal Government Should Borrow or Tax

With federal spending far exceeding federal revenue, we have to decide if more borrowing or federal taxation should span the gap.

Four More Handy Facts to Know About Taxes

When vast numbers of people call the U.S. tax system unfair, we can use four handy tax facts to form our own opinions.

Where State Money Can Come From

Billions of dollars of pandemic rescue money was added to state revenue dollars that varied in size and source from place to place.

When a Beard Is Like a Window

Although beard and window taxation were in different countries for different reasons, both relate to Willie Sutton and where the money is.

Why Federal Spending Is Tough to Predict for Entitlement Programs

Looking back at Medicare and Medicaid, we can see why there are several versions of spending projections for the American Families Plan.