High-income Asian American families pay higher taxes than their white counterparts

Asian American households remain significantly understudied in tax policy research, according to experts at the Urban-Brookings Tax Policy C...

Overtourism in Japan could mean extra taxes for visitors

Japan is experiencing a tourism surge fueled by a weak yen and pent-up demand. However, this influx is also leading to some environmental ch...

76ers arena near Philadelphia’s Chinatown could cost over $1 billion in lost tax revenue: study

A new analysis of the 76ers’ proposed arena near Philadelphia’s Chinatown warns that the construction and operation of the arena could...

Shohei Ohtani’s $700M deal prompts California controller to call for caps on deferred taxes

California Controller Malia M. Cohen is calling on the U.S. Congress to amend the tax code and impose caps on deferred payments following Sh...

2023’s word of the year, according to Japanese voters

“Zei” (“税”), or “tax,” has been voted as the word of the year in Japan in 2023, reflecting people’s frustratio...

Andrew Yang Wants to Make One of the Worst Days of the Year an Enjoyable Holiday

Tax Day might be a little less taxing with Andrew Yang in office. In a recent interview with The Breakfast Club, the 44-year-old Democratic ...

Travelers Will Now Have to Pay a $9 ‘Sayonara Tax’ When Leaving Japan

Those who are planning to travel to Japan might need to save up a little change before leaving the country as the government officially impl...

Elaine Chao Spent $5,000 an Hour on Private Jets to France and Italy Using Taxpayer Dollars

Cabinet officials Elaine Chao and Steve Mnuchin are drawing ire for using expensive government aircraft instead of commercial flights while ...

This Billionaire Governor Showed That Taxing the Rich and Raising the Minimum Wage Actually Works

Summary: Billionaire Minnesota Governor Mark Dayton increased taxes on the rich and raised his state’s minimum wage — now, his s...

Undercover Lap Dance Probe Leads to Ruling that Only Pole Dances Are Tax-Exempt

Pole dancing is just as much a legitimate form of artistic expression as opera and theater. So said a New York tax law judge who ruled last ...

IRS Takes $33,000 Cash From an Elderly Mexican Restaurant Owner’s Savings

There are a lot of don’ts in the business world. If you’re a business owner, don’t do this, this or this, for example, because doing those ...