There is a tax on the 1 percent that Washington should be considering: A financial-transaction tax—better known as a financial speculation tax (FST). A financial-speculation tax has been discussed, ...

A previous version of this article appeared on Feb. 26, 2020. Benjamin Franklin once wrote, “In this world nothing can be said to be certain, except death and taxes.” True enough, but he missed that ...

Learn about friction cost to make better informed decisions: its implications in investments and loans, and how it helps assess the true cost of financial transactions.

Editor’s Note: Josh Bivens is director of research at the Economic Policy Institute. The opinions expressed in this commentary are his own. It’s been almost a year since the global financial sector ...

With Covid-19 playing havoc with federal and state government budgets, and Congressional rescue plans on hold, we’re starting to hear more about Financial Transaction Taxes (FTT) again. Specifically, ...

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management. A business bank statement is an official financial document ...

Learn what nonmonetary transactions are, their types, examples, and potential tax and legal implications. Understand how they differ from typical monetary exchanges.