USA econovical news

OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies.

How to Score a Tax Break From Making Charitable Donations

Giving season has arrived, but tax reform has changed the math on charitable giving

7 Tax Moves to Consider Before 2019

With revised tax brackets, disappearing deductions and other changes, now is the time to get organized.

Will You Thank or Curse Trump for Your Tax Bill?

Tax reform may have you owing less – or more – in taxes than you did last year.

Tax-Savvy Ways to Manage an Inheritance

Receiving an inheritance is helpful, but don't let the potential tax bill surprise you.

Study: Residents With Lower Incomes Pay a Higher Effective Tax Rate

In low- or no-income tax states, residents still have to pay fees and other taxes – leaving poor people burdened with a higher effective tax rate.

Why Mutual Fund Gains Can Bring a Tax Bill

Experts say the tax tail should not be allowed to wag the investing dog.

Government Publishes New Proposals for Early Payment of Tax

RSM's Andrew Hubbard looks at government plans to force people to pay tax more quickly.

Monetary policy is directly responsible for economic and financial stability

Federal Reserve Chairman Jerome Powell gives testimony on the economy and monetary policy before the Senate Banking Committee in Washington, July 17, 2018.

How do the new US corporate tax rates compare globally? A Foolish Take

President Donald Trump says he "unleashed an economic miracle" with his tax cuts last year. Trump was marking the six-month anniversary of the $1.5 trillion tax cuts. (June 29) AP

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