WASHINGTON — President Biden, in an effort to pay for his ambitious economic agenda, is expected to propose giving the Internal Revenue Service an extra $80 billion and more authority […]
Corporate Taxes
Trending topics and news from the Corporate Taxes category
Back to news homeBig Companies Like FedEx and Nike Paid No Federal Taxes
Just as the Biden administration is pushing to raise taxes on corporations, a new study finds that at least 55 of America’s largest paid no taxes last year on billions […]
Biden Tax Plan Charts New Path to Economic Growth
President Biden’s ambitious plan to increase corporate taxes does more than just reverse much of the overhaul pushed through by his predecessor. It also offers a profoundly different vision of […]
Maryland Nears Country’s First Tax on Big Tech’s Ad Revenue
State politicians, struggling with yawning budget gaps from the pandemic, have made no secret about their interest in getting a bigger piece of the tech industry’s riches.Now, Maryland’s lawmakers are […]
Biden Wants to Raise Taxes, Yet Many Trump Tax Cuts Are Here to Stay
During the presidential campaign, Mr. Biden proposed trillions of dollars in tax increases on corporations and the rich, but his plans stopped short of a full repeal of Mr. Trump’s […]
How Corporate America Views President Biden
In the waning days of the Trump administration, the schism between big business and the Republican Party burst into the open.While corporate America notched real gains over the last four […]
After Riot, Business Leaders Reckon With Their Support for Trump
Big business struck a Faustian bargain with President Trump.When he said something incendiary or flirted with authoritarianism, high-minded chief executives would issue vague, moralizing statements and try to distance themselves […]
Yellen Would Assume Vast Policy Portfolio as Treasury Secretary
WASHINGTON — Janet L. Yellen’s expected nomination as Treasury secretary will place the former Federal Reserve chair into a critical role overseeing President-elect Joseph R. Biden Jr.’s economic and national […]