Man receives $1 million tax return

Man receives $1 million tax return

By falsely claiming he had withheld $1 million in taxes, a Tampa man was able to fraudulently recieve a check for $980 million from the IRS. This article from CNBC explains that by grossly over reporting on his taxes, Ramon Christopher Blanchett was able to receive...
Carbon Tax Support Grows Among Republicans

Carbon Tax Support Grows Among Republicans

With Republican support for a carbon tax growing, could Congress act this year? A carbon tax may be the first tax in US history to tax everything (excluding financial products). Because everything we consume uses carbon producing products like oil and natural gas...
Capital spending slumps after tax cuts

Capital spending slumps after tax cuts

The $1 trillion corporate tax cut is fizzling. Republicans pushed through the tax reform bill pledging it would free corporations to reinvest in their businesses and increase productivity. That has yet to materialize. Businesses were supposed to take the money they...
Opinion: Business Owner Still Waiting For Real Tax Reform

Opinion: Business Owner Still Waiting For Real Tax Reform

House Republicans pushed through a new round of tax cuts at the end of September to permanently extend the cuts for individuals in President Trump’s signature law that are set to expire within a decade. But not everyone is impressed. One small business owner explains....
Study: The Shadow Economy

Study: The Shadow Economy

Nearly one quarter of the world’s economic activity is ‘off the books’ and out of view from the government, with over $10.7 trillion going unreported – and untaxed – every year, according a new study. The Digital Payments and the Global...