The knee-jerk reaction to more earned income escaping the payroll tax is to increase what high earners are paying into Social ...

Both Joe Biden and Bernie Sanders then as now condemned this as a giveaway to the rich. But the most recent IRS tax return ...

Eliminating these ways around the taxes, as House Democrats proposed to do in a 2021 bill, would raise an ... glaring problem when you have ultra-rich individuals layering loopholes on top of ...

Tax the rich has become a rallying cry for progressives ... Roth IRAs limit direct contributions from high-income individuals – defined in 2021 as those earning more than $140,000 for single ...

Rather than argue about tax rates of the super-rich, policymakers would do well to focus on how best to collect taxes on the trillions of dollars that escape income taxation permanently.

Democrats face a looming deadline to pass an infrastructure package before the end of September — and they're still squabbling over how to pay for it. Many of the solutions are simple.

So it’s easy to miss how the superrich are taxed at lower rates than the merely rich. Americans filed 164 million individual income tax returns for tax year 2020; the average AGI was $77,000.

To invest in the S&P 500, for example, the rich might ... But tax-optimizing solutions are booming as a wave of innovations reduce barriers to entry. Take Vanguard, which in 2021 bought direct ...

The Internal Revenue Service (IRS) announced plans to issue automatic payments to eligible taxpayers who didn't claim the Recovery Rebate Credit on their 2021 tax returns. IRS officials announced ...