"Nearly half of parents who got expanded child tax credit checks now say they can't afford enough food to feed their families, according to a May survey."

>"Let’s tax billionaires—and übermillionaires—back to where they stood when Covid-19 hit."

"The expanded Child Tax Credit provided families with $3,600 for every child in the household under the age of six and $3,000 for every child between the ages of six and 17."

Profoundly important demographic situation in the US.

"Income, sales, and property taxes fund everything from national defense to the crossing guard who keeps watch at your local elementary school."

"The expectation of connectivity now extends to low-wage workers—and the consequences go far beyond gig economy jobs."

What does everyone think? _...Read More_

"Influential international actors like the World Bank and the IMF should focus on expanding social protection rather than focusing on eliminating the informal economy."

"The IRS is gearing up for an attack on America’s business owners, relying on obfuscation and scare tactics."

>"Lawyers from top accounting firms do brief stints in the Treasury Department, with the expectation of big raises when they return."

As some Democratic lawmakers from high-tax states keep pushing for their party’s $3.5 trillion spending plan to include what’s been called SALT relief, one stumbling block has been the cost of such _...Read More_

"Biden’s $3.5 trillion spending plan raises larger questions about the kind of nation we want to be."

The heaviest users of cigarettes and other tobacco products tend to be middle-income or lower-income Americans, federal data shows. As many as 80 percent of smokers have incomes less than $200,000 annually, according to data presented to _...Read More_

US President Joe Biden announces his plan to increases taxes on those who can afford to pay more. The overall package of tax changes was estimated to raise $2.9 trillion in new revenue. Read at _...Read More_

"Details of the legislation show higher taxes for companies and the wealthy, but key elements differ from the Senate and White House proposals."