The Tax Cuts and Jobs Act of 2017 (TCJA, P.L. 115-97) was the largest tax overhaul since 1986. Rushed through Congress without adequate hearings and passed by a near-party-line vote, the law is a major legislative blunder badly in need of correction.  The overall critique is simple: by providing large, regressive, deficit-financed tax cuts to…

In their new book, The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay, economists Emmanuel Saez and Gabriel Zucman challenge seemingly every fundamental element of conventional tax policy analysis. Given the attention the book has generated, it is worth stepping back and considering their sweeping critique of conventional wisdom.…

Given increased income and wealth inequality, much recent attention has been devoted to proposals to increase taxes on the wealthy (such as imposing a tax on accumulated wealth). Since capital income is highly skewed toward the ultra-wealthy, methods of increasing taxes on capital income provide alternative approaches for addressing inequality through the tax system. Marking…

The Congressional Budget Office just projected a series of $1 trillion budget deficits—as far as the eye can see. Narrowing that deficit will require not only spending reductions and economic growth but also new taxes. One solution that I’ve laid out in a new Hamilton Project paper, "Raising Revenue with a Progressive Value-Added Tax,” is…

The Vitals Over the past 40 years, the distributions of income and wealth have grown increasingly unequal. In addition, there has been growing understanding that the United States faces a long-term fiscal shortfall that must be addressed, at least in part, by raising revenues. For these and other reasons, proposals to raise taxes on wealthy…

Here is someone who gets the message across, in a funny and beautiful way. Australian Stuart McMillen takes topics around environmental sustainability and turns them into catchy cartoons.

Because cyclists should pay their fair share, right?

It's like Uber for 'flying' water cars, with an über-cute name: SeaBubbles.

The mayor has portrayed the controversial soda tax as a great source of revenue with which to do fabulous things for the city, rather than a benefit for public health.

These sliver towers are incredibly inefficient and even have fake mechanical spaces to make them even taller. We all pay the price in carbon.

Going green is going too far in the Province of Ontario

U.S. doctors believes it's a serious public health concern that requires drastic action.

They are going to be autonomous taxis. Is this a good idea?

In Ottawa, Canada, self-driving cars are being touted as a reason to delay transit investment.

Not waiting for national legislation to set a price on carbon and kickstart the journey to a low-carbon future, Montgomery County, Maryland has enacted one the country's first carbon taxes. Passed by a vote of 8-to-1 the tax

Climate change has become an ethical issue in the eyes of the Danish Council for Ethics, which suggested last week that the government consider a tax on beef, and eventually all foods depending on climate impact.

An investor network managing $4 trillion in assets has warned investors that they should prepare for the inevitable -- a climate-driven "sin" tax on meat.

Local currencies are nothing new, but one city is allowing its businesses to pay their taxes with local money.

If the goal is to reduce meat consumption, then why not make it more expensive?

Hsu's case for the superiority of a carbon tax over other methods of pricing carbon is throughly and eloquently made. But will it actually help us get past our collective aversion to the word 'tax'? That's frankly the bigger question.

A new UN report says that a 1% tax levies on the world's 1,225 billionaires would more than make up for the shortfall in development aid from governments.

'Instead of putting the money back into our business, we’re responding by putting $10 million back into the planet. Our home planet needs it more than we do.'

Britain's Conservative government is expected to announce wide-ranging measures to tackle ocean plastic pollution.

It makes sense in Europe. Too bad North Americans have so few alternatives.

The pioneering site that brokers accommodation in private homes must now pay city hotel tax in San Francisco, according to a new ruling. What does this mean for collaborative consumption?

And that's not a bad thing.

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More than 22 million Americans who have lost jobs due to the coronavirus pandemic are currently collecting unemployment benefits. Most are unaware this is considered taxable income. Here are three ways to avoid a huge tax bill in 2021.

Garden State homeowners may get a little more time to pay property taxes to their municipalities. An executive order gives cash-strapped residents a break but puts stress on localities' budgets.

Nicholas Smith, Japan Strategist at CLSA, says a different economic condition in Japan right now will help it to avert the recession which occurred in 1997 after the implementation of a sales tax hike.

The Omega Family Office chairman and CEO said on CNBC's "Squawk Box" that taxes will need to go up regardless of who wins the upcoming presidential election.

Disagreements with U.S. President Donald Trump could drive Europe to step up levies on companies like Google and Facebook, a lawmaker told CNBC.

Lawmakers are severely curtailing the "stretch IRA," a strategy allowing wealthy Americans to leave sizable inheritances to beneficiaries who can then tap those assets for decades.

Democratic presidential contender Michael Bennet wants to increase the top income-tax rate paid by the wealthiest Americans to 44%, which experts say exceeds that of other presidential hopefuls to date.

Employers who furlough their employees but cover the cost of health insurance may not be able to claim the employee retention tax credit. Lawmakers are now asking Treasury to change course.

To help bolster the economy, the White House is weighing a variety of measures, including the possibility of extending the tax deadline to September or even December.

Even though you may have seen a drop in income this year due to Covid-19, you could face a tax bill next year if you're receiving unemployment benefits. CNBC's Sharon Epperson reports on how to avoid the hit.