Taxes
  • Tax Cuts (Still) Not Boosting Wages

    By Michael Rainey

    Three new surveys confirm what some critics of the GOP tax cuts have been saying all along: companies aren’t sharing much of their tax-cut windfall with workers in the form of higher wages. While...

  • FILE PHOTO: An Amazon pickup location is seen at the University of California in Berkeley, California, U.S. August 14, 2017. Reuters/Jeffrey Dastin/File Photo

    Why Amazon’s $15 Minimum Wage Matters

    Amazon announced on Tuesday that it will raise its minimum wage for all employees to $15 an hour effective next month — and will work to build congressional support for raising the federal minimum...

  • It’s a Great Time to Be a Tax Cheat

    By Michael Rainey

    With a reduced staff and a shift in focus away from basic fraud, the IRS is pursuing fewer tax evasion cases than it did 10 years ago, according to an analysis released Monday by ProPublica and The...

  • U.S. President Trump arrives to discuss trade deal in the Rose Garden of the White House in Washington

    What’s in Trump’s New NAFTA?

    By Michael Rainey

    President Trump announced a new trade deal with Canada and Mexico Monday that is intended to replace NAFTA, the 24-year-old trade agreement that regulates roughly $1.2 trillion worth of trade between...

  • There’s No Such Thing as a Free Lunch, but Half Off Isn’t Bad

    By Michael Rainey

    Taking clients out for a meal has long been a foundational perk in the business world, and the Internal Revenue Service blessed the practice with a 50 percent deduction of qualified expenses. But the...

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