Public economics examines how governments raise resources and allocate them to collective ends. Taxation and revenue policy lie at its heart, balancing economic efficiency with equity and fiscal ...

Discover how Reaganomics affected taxes, government spending, and regulation through President Reagan's policies based on ...

Issues from our nation’s taxation and budgeting processes are fundamental challenges we face. Congress will bicker and bloviate about them for weeks and then probably kick the dented can a few feet ...

A new tax law approved by Congress promises sweeping benefits for many taxpayers. The bill, tied to political leadership, aims to preserve current tax brackets and introduce several deductions that ...

A recent push for "reciprocity" in international taxation has gained traction, based on the claim that American companies pay disproportionately high taxes abroad while foreign firms pay far less in ...

Imagine a farmer who painstakingly installs the most sophisticated irrigation system, yet never plants a single seed. The channels, pumps, and sprinklers are state-of-the-art, ensuring water reaches ...

U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...

Taxation constitutes a central instrument of fiscal policy by which governments mobilise revenue to finance public expenditures and public goods, influence income distribution and steer macroeconomic ...

Greece’s trajectory shows how institutional reforms—if well sequenced and sustained—can deliver durable results ...

George L. Salis is principal economist and tax policy advisor at Vertex. He is an economist, lawyer and tax professional with several years of experience in international taxation and trade compliance ...

Last October, a District Court in Colorado turned the economic substance doctrine on its head. In Liberty Global, Inc. v. US, a District Court granted the Government’s motion for summary judgement and ...

Last week, President Trump said he is considering a proposal to exempt from tax all gains from the sale of a homeowner’s primary residence. Under current law, taxpayers can exclude up to $250,000 ...