Taxes

Taxes: When the Congressional Budget Office released its updated budget forecast, everyone focused on the deficit number. But buried in the report was the CBO's tacit admission that it vastly overestimated the cost of the Trump tax cuts, because it didn't account for the strong economic growth they would generate.

It's been a bad year for 'famed' hedge fund manager John Paulson... and it's about to get a lot worse.

One of the least discussed parts of America’s income tax is how progressive it is, and the tax overhaul didn’t change that fact. In 2018, top earners will pay a higher share of income taxes.

Teachers and staff of Minneapolis schools are expecting hundreds of layoffs due to a $33 million deficit only a few years after the city completed a taxpayer-funded $1.1 billion football stadium.

On the heels of President Trump blasting American mega-corporation Amazon over its low tax liability, Sen. Bernard Sanders on Sunday backed up the president and said the company’s “power and influence” in the U.S. economy has grown too large.