The wealthy do not like to pay taxes, so the Republican focus of the IRS from implementation distracts from developing new forms needed to determine how much taxpayers owe. It also hinders examinations and enforcement, which have suffered as appropriations have dwindled, as shown by reduced audit rates.
Death and taxes: They’re not only unavoidable; for the very rich, they’re also inseparable. The estate tax — the “death tax” to critics — is a levy on your property when you expire. But the threshold is high and few are required to pay.
It is difficult to measure the impact free trade has on individuals. Opening borders to goods, services, money, people and ideas can cost jobs while benefiting consumers. There are winners and losers. With President Donald Trump promising to renegotiate trade agreements and introduce new import tariffs, journalists need to know where to find the data that tell the story of trade and today’s global economy.