Page 2 - Eric Toder News Today

The Supreme Court will hear oral arguments on Tuesday in Moore vs United States, a case that could hamper Congress from imposing certain types of wealth taxes in the future.

(CNN) — The Supreme Court will hear oral arguments on Tuesday in a case that could both save the rich billions of dollars and hamper President<a class="excerpt-read-more" href="https://whdh.com/news/supreme-court-to-hear-case-that-could-make-it-harder-for-congress-to-tax-the-rich/">Read More</a>

Moore v. United States might wreck economic havoc.

Liberal activists claim tax cuts under former US president Donald Trump are responsible for about one-fourth of the national debt. This is false; while deficits did balloon during the Republican's administration, exceptional spending in response to the coronavirus pandemic was the largest factor.

Nobody would build a system like America’s on purpose.

Taxpayers owed but didn’t pay $688 billion in taxes in 2021.

How did we end up with flexible spending accounts? Here’s what you should know about FSA benefits.

It appears that the green energy tax breaks included in last year’s Inflation Reduction Act (IRA) are more popular among businesses than Congress imagined when it pass...

In 2017, President Trump’s administration issued the biggest overhaul of taxes in decades, which slashed the corporate income tax from 35% to 21% and the top marginal rate from 39.5% to 37%.

Social media posts and conservative politicians claim sweeping economic legislation provides for a new "army" of 87,000 Internal Revenue Service (IRS) auditors to target all US taxpayers -- creating an agency larger than the Pentagon, State Department, Border Patrol and FBI combined. This is misleading; the comparisons are overstated, only a small number of IRS agents carry