Given the many levels of taxation (federal, state and local) that most taxpayers are subject to, it is safe to say that tax laws are changing constantly. Some of these changes are minor (changing a ...

Tax policy is often guided by simple rules of thumb. Sometimes, they are strikingly right. But sometimes they can be dangerously misleading. There is an adage, for example, that “an old tax is a good ...

Kimberly Clausing: We need to distinguish between what's temporary and what's permanent. If a business was having losses in earlier years, or if a business had a business model that no longer worked ...

Taxation is essential for governments to fund essential services, maintain infrastructure and drive development. Adam Smith's four canons of taxation—equity, certainty, convenience, and efficiency, as ...

TAXATION is baffled by natural laws which, in a blind way, it is trying to follow. It is a striking fact that principles which have been respected since the days of Adam Smith call for a complete ...