April 2017

President Trump plans to include a massive cut in the top pass-through corporate tax rate from its current level of 39.6% to just 15%, the Michael Bender and Richard Rubin of the Wall Street Journal report. It will be sold as a boost to…

Everyone likes to complain about taxes. But the US tax system is fairer than people on the right or left tend to give it credit for — in part because of the big changes under President Barack Obama.…

Editor's note: The following excerpt is taken from "A Beautiful Waste: A Global Quest for a Simpler, Fairer and More Efficient Tax System" by TR Reid. For more, watch economics correspondent Paul Solman's conversation…