Tax rates

It’s a line you don’t hear every day from Wall Street titans: Maybe we really should pay higher taxes.

Former Vice President Joe Biden wants to raise taxes on the wealthy. Senator Bernie Sanders wants to send those levies off the charts.

Survey finds 37 percent of the taxpayers would move to a different country for a tax-free future, 26 percent would get an “IRS” tattoo and 19 percent would stop talking for six months.

An independent analysis of the Democratic presidential candidate’s tax plan includes new tax credits for buying electric cars and investing in renewable energy as well as other breaks for student loans and family caregiving.

Senators Bernie Sanders and Elizabeth Warren would bring one of the most progressive tax agendas in history to the White House if either of them were to become president. So would every other Democrat vying for the presidency.

The sharp divergence between Republicans and Democrats over the 21 percent corporate income tax rate was on display Tuesday at the House Ways and Means Committee as Democrats began making the case for a large increase should their party succeed in November’s elections.

Grant Thornton compares the contenders’ proposals in four categories.

Grant Thornton compares the contenders’ proposals in five categories.

Comparing the tax platforms of the Democratic candidates.

Michael Bloomberg said Saturday he would raise taxes on the wealthy, increase the corporate tax rate, and curb tax-free inheritances of large estates, elements of a tax plan that he says would raise $5 trillion over a decade.

The billionaire and Democratic presidential contender would pay $17.9 million more in annual taxes under a plan Democrats are considering should they sweep Congress and the White House in the 2020 election.

Democratic presidential candidates Joe Biden and Bernie Sanders have overestimated the amount of revenue their tax proposals would generate by hundreds of billions, or even trillions, of dollars, according to a new study.

Savings for the top six U.S. banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

They call themselves the Patriotic Millionaires, and they say with straight faces it’s time the ultra-affluent kick in more to Uncle Sam.

For the owner of a multimillion-dollar company, selling by the end of 2020 could result in a much smaller tax bill than striking a deal in 2021 under new rules.

Consumers in 2019 were more likely to say plans to hike taxes on the wealthy would harm economic growth than they were in prior years, despite it being a key campaign pledge for nearly every Democratic presidential candidate, according to a new University of Michigan survey.

The world’s second-richest person said he wants his fellow billionaires to pay much higher taxes.

The Global Intangible Low Taxed Income has created a lot of challenges for taxpayers, since it was instituted by the Tax Cuts and Jobs Act of 2017.

Democratic presidential candidate Michael Bloomberg pledged to support “taxing wealthy people like me” but dismissed a wealth levy tried in other countries and supported by rivals including Elizabeth Warren and Bernie Sanders because “it just doesn’t work.”

Moving to a lower-tax state is more attractive than ever in light of the TCJA's $10,000 cap on state tax deductions.