Democrats increasingly share a conviction that today’s income tax is inadequate. That's why they're focused on new ways to tax wealth.
The income tax is the Swiss Army Knife of the U.S. tax system, an all-purpose policy tool for raising revenue, rewarding and punishing activities and redistributing money between rich and poor.
The system could change fundamentally if Democrats win the White House and Congress. The party’s presidential candidates, legislators and advisers share a conviction that today’s income tax is inadequate for an economy where a growing share of rewards flows to a sliver of households.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Democrats march forward in pursuit of Trump’s tax returns, financial recordsDevelopments in two major court cases illustrate how House Democrats may be getting closer to obtaining Pres. Trump’s tax returns, even as Congress is away from Washington on summer recess
Leer más »
US and France reach compromise on digital taxOfficials from France and the United States have reached a compromise on a new French tax on services provided by large internet companies, potentially defusing the threat of a trade conflict between the two countries.
Leer más »
Germany's SPD wants to target super rich with wealth taxGermany's co-governing Social Democrats (SPD) want to introduce a wealth ta...
Leer más »
Macron says France and U.S. reached digital tax dealFrance and the United States have reached a deal to end a standoff over a French...
Leer más »
Trump says US is close to a compromise with France on digital taxPresident Donald Trump said on Monday that the United States is close to reaching a compromise over France's digital tax.
Leer más »
IRS Issues Warning On New Email Tax ScamThe Internal Revenue Service (IRS) recently warned taxpayers and tax professionals about a new IRS impersonation scam email.
Leer más »