Tag Archives: Government budget / taxes

The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …

ALBANY, NY – New York Governor Andrew Cuomo and state lawmakers are closing in on a budget deal that would raise corporate and income taxes by $ 4.3 billion a year and …

There is no more effective way for President Biden to meet his aggressive climate goals than a carbon tax. The timing seems right: His Secretary of the Treasury, Janet Yellen, has been …

WASHINGTON – Administration officials are crafting a plan for a multi-party infrastructure and economic package that could cost up to $ 3 trillion and meet key elements of President Biden’s campaign agenda, …

WASHINGTON – The top of high-income Americans evade significantly more in income taxes than Internal Revenue Service methods had previously assumed, according to upcoming estimates from IRS researchers and academic economists. Overall, …

Chairman of the Federal Reserve Board Jerome Powell Photo: MANDEL NGAN / AFP via Getty Images Jerome Powell publicly lobbied for months for higher fiscal spending in the name of stimulating the …

After stifling opposition groups in Hong Kong, China’s leaders plan to attack the city’s huge wealth gap and lack of affordable housing that Beijing blames for fueling social unrest. Senior officials are …

Tech companies are turning their attention to public powers across the country as a wave of local bills opens a new frontier in the effort to limit the power of Silicon Valley. …

The arrival of 2021, as welcome as it was, put a damper on most of Americans’ moves to lower their 2020 tax bills. The window for things like making charitable donations or …

Federal debt is projected to nearly double to 202% of gross domestic product by 2051, the Congressional Budget Office said Thursday, reflecting rising health care and debt service costs. The U.S. economy …