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Representative Tom Suozzi, one of the leaders in Congress behind the push for an expansion of the state and local tax deduction, is considering proposing a one-time wealth tax on the richest Americans.
June 15
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The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists.
June 11
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The proposal calls for $579 billion in net new spending beyond outlays that Congress was already expected to enact.
June 11
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Republican and Democratic senators said they’re open to considering the first change in the national gasoline tax since 1993 to help fund a bipartisan infrastructure spending package.
June 10
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The proposed changes are worrying investors and their tax advisors, especially the possibility of making them retroactive.
June 10
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An in-depth look at the Biden administration's tax plans for the next year.
June 10
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Big tech and other industries that have bunkered down in Europe’s tax havens are unlikely to shift their bases under the proposed global minimum tax regime.
June 8
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Even with a 15-year window to pay taxes, a near-doubling of the capital gains rate and the elimination of the step-up in basis loophole will make a sale expensive.
June 8
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Some of the world’s most powerful heads of state will meet in England later this week to confer on the biggest issues facing humanity.
June 8
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A tax deal between the world’s richest countries brings global governments a step closer to clawing back some power from technology giants that have used century-old regimes to build up wealth eclipsing the economies of most nations.
June 7
