A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

The dawn of 2025 brings a wave of optimism for the U.S. economy, especially concerning wages. The Internal Revenue Service ...

Americans are poised for sweeping changes when they file their taxes — with President Trump hopeful that the reforms will ...

Republicans in Congress are about to make a major mistake on tax policy, and the consequences could slam our economy. While they're busy posturing about budget numbers and reconciliation procedures, ...

GREENVILLE, N.C. (WITN) - On July 4th, President Donald Trump signed the massive federal spending and tax bill, dubbed the ‘big, beautiful bill. A part of the bill includes tax breaks for tipped ...

Discover the principles of economic justice, how it fosters equality, and explore actionable strategies to achieve fair ...

President Donald Trump and many of his allies in Congress are making grand claims about the economic growth they say will result from the recently proposed "One Big Beautiful Bill." Trump has accused ...

The 119th Congress now deliberating in Washington is rewriting history. Having sat for only 135 days, but already over seven months into fiscal year 2025, it will grab the prize as most fiscally ...

The 2017 Tax Cuts and Jobs Act (TCJA) introduced Section 199A. This provision, scheduled to expire next year, provides owners of “pass-through” businesses a 20 percent deduction for qualified business ...

Economic devastation that would cripple Michigan for generations. That’s how Tony Minghine, deputy executive director of the Michigan Municipal League, envisions a world where voters decide to abolish ...

Expect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida. But lawmakers and DeSantis this week have indicated that a final proposal might ...