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You Searched For "federal income tax" and got 20 results


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2 mins read

Donald Trump reportedly wants to raise tariffs to pay for tax cuts

Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…

Filip De Mott   


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower   


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New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan

Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…

Ayelet Sheffey,Juliana Kaplan   


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This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached

Oregon residents may soon vote on a universal basic income program that would give every resident $…

Erin Snodgrass   


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3 mins read

A California city is giving new parents $500 a month. It's one of a growing number of basic income pilots focused on families.

Starting this summer, Pomona, California will give 250 families with children with children under t…

Allie Kelly   


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Ayelet Sheffey   


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4 mins read

People are getting taxed for gig work they've never done

Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …

Alex Bitter   


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The Biden administration wants to quadruple taxes on stock buybacks

Goldman Sachs estimates there will be a record $1 trillion worth of corporate stock buybacks in 202…

Matthew Fox   


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Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership

The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, mor…

Theron Mohamed   


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4 mins read

A Bay Area county gave low-income moms $1,000 a month. 2 years later, more families had stable housing and new jobs.

Marin County, California gave 125 low-income mothers of color $1,000 a month for two years. Familie…

Allie Kelly,Noah Sheidlower   


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2 mins read

How much Bill Gates pays in property taxes on his pricey real estate portfolio

Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he pay…

Madeline Berg   


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7 mins read

Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.

The success of over 100 local GBI pilots in the US provides insight into future state-level policy.

Allie Kelly   


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Here's what Mark Cuban's $275.9 million in taxes would cover for the US government

Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publi…

Erin Snodgrass   


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Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.

Vermont lawmakers are debating a 3% tax on residents earning more than $500,000 yearly. It would be…

Kenneth Niemeyer   


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2 mins read

Lower-income Americans are the group most likely to think they should be taxed more

The share of low-income Americans who said they should be taxed more was nearly triple the percenta…

Jason Lalljee   


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8 mins read

Exclusive: Hunter Biden's tax returns

Hunter Biden's 2018 tax return, published here by Business Insider, complicates the narrative laid …

Mattathias Schwartz   


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2 mins read

Newly released tax returns reveal Trump paid more in foreign taxes than US income tax for years

Donald Trump's tax returns, released after years of legal battles, shed light on his business deali…

Katherine Tangalakis-Lippert   


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Americans' growing wealth points to a boom in a tax-exempt corner of the bond market

Adjusted gross income in the US spiked 17.7% to $2.2 trillion in the 2021 tax year, the highest yea…

Yuheng Zhan   


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3 mins read

No, the GOP isn't going to abolish income tax — or the IRS

The GOP wants to get rid of income tax and the IRS. Neither will happen, but, if they did, it would…

Juliana Kaplan,Jacob Zinkula   


Juliana Kaplan,Ayelet Sheffey