• Democratic congressional candidate Alexandria Ocasio-Cortez speaks at her midterm election night party in New York City

    How Alexandria Ocasio-Cortez Is Already Shifting the Debate on Taxes and Deficits

    Alexandria Ocasio-Cortez, the youngest woman ever elected to Congress, has wasted no time in making waves in Congress, emerging as a focal point for the national press — and social media powerhouse...

  • The Great Debt Debate

    By Michael Rainey

    We told you last week about a new paper from economist Olivier Blanchard that caused a stir by suggesting that government debt may be less problematic than many experts have believed. Blanchard found...

  • Economists: It's Time for a Carbon Tax That Pays Dividends

    By Michael Rainey

    Dozens of prominent economists with extensive experience in government service signed a statement in Thursday’s Wall Street Journal calling for a carbon tax. “Global climate change is a serious...

  • The Apple logo is pictured on the front of a retail store in the Marina neighborhood in San Francisco, California April 23, 2014. The company is set to announce its first quarter earnings. REUTERS/Robert Galbraith  (UNITED STATES - Tags: BUSINESS SCIENCE

    How 4 Big US Companies Used Their Tax Cuts

    By Michael Rainey

    Bloomberg’s Laura Davison looked at what some major American corporations did with the tax cut windfalls they received in 2018. How did Apple, Walt Disney, Visa International and Starbucks use their...

  • A red traffic light stands in front of the U.S. Capitol building in Washington

    Is the ‘Era of Tax Reductions’ Over?

    By Michael Rainey

    If Greg Valliere, chief global strategist at Horizon Investments, is correct, Wall Street should be worried about the rise of Rep. Alexandria Ocasio-Cortez (D-NY). In a note to clients Wednesday,...

  • President Donald Trump and House Ways and Means Committee Chairman Kevin Brady smile at each other after the U.S. Congress passed sweeping tax overhaul legislation, on the South Lawn of the White House in Washington

    Why Republican Tax Cuts Are a Problem

    By The Fiscal Times Staff

    The Washington Post’s Jared Bernstein argues that the United States’ main fiscal problem can be boiled down to this: “our tax structure does not collect enough revenue to support the government...

  • So Much for ‘Tax Reform’?

    For years, economists and tax experts have found a broad consensus around the idea that the U.S. tax code needed to be cleaned up. Tax reform, in Washington parlance, generally meant an overall...

  • FILE PHOTO:  U.S. President Trump displays signature after signing tax bill into law at the White House in Washington

    How Americans Think the Trump Tax Cuts Will Affect Them This year

    The Federal Reserve Bank of New York surveyed heads of households about the new tax law. It found that about 37 percent expect their financial situation will improve over the next 12 months as a...

  • Tax Cuts Vs. Gas Prices

    By Michael Rainey

    Most Americans haven’t noticed much of a tax cut windfall in their paychecks, but there’s a good chance they’re noticing gas prices as they climb toward $3 a gallon, and that could have negative...

  • Corporate Tax Cuts a ‘Gift That Keeps on Giving’

    By Michael Rainey

    If the first quarter financial results are any indication, the Republican tax cuts are providing larger-than-expected benefits for American corporations, says Bloomberg’s Stephen Gandel . And if the...

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