Tax policy is the government's approach to taxation, both from the practical and normative side of the question.


Policymakers debate the nature of the tax structure they plan to implement (i.e., how progressive or regressive) and how they might affect individuals and businesses (i.e., tax incidence).


Apple CEO In The Hot Seat

Apple CEO Tim Cook appeared before Senators McCain and Levin to address concerns that the tech giant uses offshore companies to skirt taxes.

Tax Cuts For The Rich: Do They Boost GDP?

Tax cuts for the rich don't seem to be associated with U.S. economic growth and instead are linked to a different outcome: greater income inequality in the U.S. These findings will likely fuel the already bitter political fight over extending the Bush tax cuts for upper-income groups.

Purple States Most Likely To Be In The Red: Wells Fargo Report

While opinion polls in places like New Hampshire, Ohio, Nevada and Wiscounsin continue to find no clear trend as to whether the residents will support a Democrat or a Republican for President, a new report by asset manager Wells Fargo Advisor Wednesday found those very states unambiguous in their spending preferences in running large budget shortfalls

Five Paul Ryan Positions Americans May Love

Republican presidential hopeful Mitt Romney selected Rep. Paul Ryan of Wisconsin as his vice presidential running mate Saturday, and while the fresh-faced number-two man can be a divisive figure, he has some positions that conservative Americans, as well as some moderates and liberals, may love.


The U.S. 2012 fiscal year budget is unveiled in Washington

US National Debt - 5 Times Greater Than The Government Admits

The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.
Prime Minister Mariano Rajoy

Spain's PM: Fiscal Union + Monetary Union = New Euro Zone

Spanish Prime Minister Mariano Rajoy proposed on Saturday that the 17 countries in the euro zone create a common fiscal authority, with each surrendering a significant amount of its national sovereignty to send a signal to financial markets about the certainty of their single-currency experiment.