The “basis step-up” allows wealthy people to avoid paying income tax on lifetimes of investment gains.
Leaked IRS data proves the rumors are true: Many billionaires pay no income taxes. Will that spur reform?
An iconic basketball superstar reminds us that raising taxes on the rich will not end civilization as we know it.
The Trump tax plan will likely lead to a corporate income tax cut of $135 billion in 2018 alone.
It’s easy to get lost in the noise from pundits and politicians who thrive on the tax code’s complexity.