To transform the tax season from a period of extraction into one of empowerment, one must master both the historical context ...

In her book The Second Estate, Ray Madoff explains how the U.S. tax system lets the ultra-rich grow their wealth tax-free while working Americans bear the burden. Officially, at least, the United ...

Historically, the tax system has operated as a bulwark against concentrations of wealth. And in this way, it has served to ...

Last week, Senator Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced a budget reconciliation deal that would raise taxes on corporations and high-income households to ...

A typical white family has eight times the wealth of a typical Black family in the United States. Let that sink in for a long moment. The why behind that racial wealth gap has included a discussion of ...

Negotiations over the Build Back Better Act have stopped after Senator Joe Manchin (D-W.Va.) said he would not vote for the current version of the bill. Lawmakers are hoping to restart negotiations ...

Forbes contributors publish independent expert analyses and insights. Carrie Brandon Elliot analyzes international tax issues. Taxpayer comments on the revisions to reg. section 1.861-20 in new ...