No one wants to pay taxes, and practically every American dislikes the IRS. But, as the saying goes, the only guarantees in ...

Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains ...

Joseph J. Thorndike examines how tariff policy in the 19th century slowed the introduction of the modern income tax.

President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...

President Donald Trump announced a new “External Revenue Service” that would be tasked with collecting revenue from tariffs, ...

Since the 1930s, the U.S. has moved away from protectionism in favor of trade liberalization. Agreements like the General ...

President Donald Trump said on Tuesday that he plans to impose tariffs of around 25% on auto imports as well as ...

President Donald Trump said Saturday value-added taxes, taxes levied to goods during each stage of production which are ...

President Donald Trump is taking his enthusiasm for tariffs to a new level. In his latest move, he has announced a policy of ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

Hoping to head off a potential trade conflict, a top European Union official stressed the importance of active engagement and ...

Wisconsin’s Democratic Gov. Tony Evers is proposing cutting taxes by nearly $2 billion, echoing a priority of Republicans.