07/22/14 12:00 PM
GENEVA (AP) — Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case. The steep loss contrasted sharply with the profit of 1.045 billion...
By Joseph Lawler | 07/15/14 06:37 PM
Do some people think taxes don't affect economic choices? If so, they should talk to Trevor Ariza and the Washington Wizards.
By Philip Klein | 07/17/14 05:04 PM
It's no longer popular in Washington these days to discuss the nation's long-term debt problem, but a report released on Tuesday by the Congressional Budget Office provided a stark reminder that a looming crisis is approaching, and the longer the nation waits to address it, the more difficult it...
By Jared Meyer | 07/17/14 03:11 PM
What is the biggest challenge faced by small businesses today? Surprisingly the answer is not high taxes — it is professional licensing requirements.
By Joseph Lawler | 07/17/14 04:56 PM
Sen. Orrin Hatch isn't playing along with Jack Lew's exhortation for "economic patriotism."
By Joel Kotkin and Michael Shires | 07/14/14 03:15 PM
When we think about American finance, the default Image is of a pinstriped banker on Wall Street. But increasingly, the financial services sector, which employs eight million people, is shifting away from the traditional bastions of money.
07/14/14 03:45 PM
A growing number of U.S. companies are looking to trim their tax bills by combining operations with foreign businesses in a trend that may eventually cost the federal government billions of dollars in revenue. Generic drugmaker Mylan Inc. said Monday it will become part of a new company...
By Phillip Rawls | 07/14/14 08:15 AM
Gov. Robert Bentley's opposition to new state taxes during his first term could change in a second term.
By Kelly Cohen | 07/13/14 12:40 PM
Thousands of nonprofit groups and small apartment buildings have been getting free city garbage service for the past decade when they shouldn't have been, according to a new Chicago inspector general's report and reporting by the Chicago Sun-Times.
By Joseph Lawler | 07/08/14 01:34 PM
Like Obamacare, the 2010 financial reform law has many unintended consequences, the latest of which could be soaring insurance rates.
07/11/14 07:30 AM
COLUMBUS, Ohio (AP) — Ohio's casino tax revenue over the past year fell short of what state officials had predicted. The state's four casinos generated $273.4 million in tax revenue in the fiscal year that ended in June. That was more than $36 million less than the state had predicted. The...
By Stephen Moore | 07/09/14 05:04 PM
Right-to-work is back in the spotlight, thanks to the recent Supreme Court decision in Harris v. Quinn.
07/09/14 03:30 PM
JEFFERSON CITY, Mo. (AP) — Missouri officials pledged Wednesday to rebuild hundreds of bridges, pave thousands of miles of roads and improve dozens of airports and sidewalks around the state if voters approve a transportation sales tax next month. The state Highways and Transportation...
07/08/14 01:17 PM
WASHINGTON (AP) — If two of the most progressive U.S. cities don't pass a tax on sugary drinks, will the idea finally fizzle out? Sugary drinks have been under fire for years, with many blaming them for rising rates of obesity and chronic diseases. Yet efforts to curb consumption by imposing...
By Washington Examiner | 07/07/14 06:03 PM
As Americans celebrated this nation's birthday on July 4, most were likely unaware of a less uplifting commemoration that fell on the calendar during the same holiday weekend. That was Cost of Government Day, or July 6, 2014. The date's significance is one of political math and symbolism. By the...
By Susan Ferrechio | 07/21/14
By Byron York | 07/21/14
By Susan Ferrechio | 07/21/14
By Paul Bedard | 07/21/14
By Paul Bedard | 07/22/14