Under the economic benefit income tax theory, an employee is taxed when the employee receives something other than cash that has a determinable, present economic value. The danger, in the nonqualified ...

When it comes to taxes, many people feel the government can never collect enough. But how can governments determine the “ideal” tax rate? Enter the Laffer curve—a theory that suggests there is an ...

As we celebrate the 246th birthday of our great country tomorrow, I thought I would explain current tax theory, the historical part that taxes played in the formation of our country, and regulatory ...

It is a well-known result in economics that land value taxation is efficient since it does not distort the supply of the tax base. Considering only efficiency, land value should thus be fully taxed.

Taxes rarely make the news, but hiring 87,000 new IRS employees is likely to affect you. The Inflation Reduction Act of 2022 (IRA 22) became law on Aug. 16. Inflation is worse than it has been in 40 ...