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  • Poverty rate jumps in 2022 after end of enhanced child tax credit

Poverty rate jumps in 2022 after end of enhanced child tax credit

CNN  —  The share of Americans, particularly children, in poverty rose significantly last year, in large part because Congress did not renew a Covid-19 pandemic enhancement to the child tax…

Lottery buyers line up to pay a tax

Editor’s Note: Scott Drenkard is an economist at the Tax Foundation, a Washington-based tax research organization. Story highlights The Mega Millions lottery jackpot is at an estimated $640 million Scott…

Swiss voters reject corporate tax overhaul

Voters in Switzerland have shocked the political establishment by rejecting a reform plan that would have brought the country’s corporate tax system in line with international norms. The tax reforms,…