Dueling economists debate how much a wealth tax would raise

  The wealth tax proposed by Sen. Elizabeth Warren has sparked a fierce — and increasingly personal — debate between the party’s traditional academic elite and the darlings of the new left. Lawrence Summers, former Treasury Secretary and longtime economic guru of the Democratic Party, published an op-ed in The Washington Post in April saying the revenue estimates from Warren and her economic advisors were overly optimistic. Dueling economists debate how much a wealth tax would raise

Nonprofit Explorer – ProPublica

Learn about those people and organizations soliciting you before you make a contribution Use this database to view summaries of 3 million tax returns from tax-exempt organizations and see financial details such as their executive compensation and revenue and expenses. You can browse IRS data released since 2013 and access over 9.6 million tax filing documents going back as far as 2001. Nonprofit Explorer – ProPublica

Tax Day: The Best Single Change to the Tax Code – Bloomberg

VERY INTERESTING READ The Tax Cuts and Jobs Act of 2017 left some Americans celebrating their gains, others decrying losses, and a good chunk of the nation unsure of what to think, actually. That’s to be expected – it will take time to understand the true impact of such sweeping changes. For Tax Day, we posed a simpler question to our columnists: What single change in tax policy would do the most good for the nation? They offered the following … Continued

It’s Official — Here’s When You Can File Your Tax Return in 2019 — The Motley Fool

  To the relief of millions of Americans expecting tax refunds in the next few months, the IRS and the Trump administration recently announced that the start of tax season and the issuance of tax refunds would not be affected by the government shutdown, even if it lasts well into the start of tax season. If you’re wondering when you’ll be able to file your taxes, or if you want to know when you can expect your tax refund to … Continued

After Budget Cuts, the IRS’ Work Against Tax Cheats Is… — ProPublica

THIS IS NOT ADVICE Tax evasion is at the center of the criminal cases against two associates of the president, Paul Manafort and Michael Cohen. The sheer scale of their efforts to avoid paying the government has given rise to a head-scratching question: How were they able to cheat the Internal Revenue Service for so many years? The answer, researchers and former government auditors say, is simple. The IRS pursues fewer cases of tax evasion than it did less than … Continued