President Donald Trump is yet again pitching a radical idea: replacing the federal income tax with revenue from tariffs. In a recent interview, Trump said there is "a chance" that tariffs alone could ...

Lt. Gov. Delbert Hosemann speaks during a press conference at the Mississippi Capitol in Jackson on Monday, March 17, 2025. He addressed the ongoing debate surrounding House Bill No. 1, which aims to ...

Trump told reporters this week when he plans to issue tariff dividends to certain Americans, but some researchers say the ...

President Trump keeps suggesting that tariffs can replace income taxes for most Americans. One big problem: The math doesn't work. Wall Street Journal tax policy reporter Richard Rubin presents four ...

Paul Ryan says "it would take me too long to go through all the math" involved in the tax plan he and Mitt Romney are proposing. The Republican vice presidential nominee said on "Fox News Sunday" that ...

Kruse raises a flight-risk argument: if you tax million-dollar earners, they leave, revenue underperforms, and lawmakers turn ...

By Bill Bucher Jr. A good friend of mine once shared with me this little nugget of wisdom: “If you recognize that four out of five American citizens aren’t capable of doing basic mathematics,” he said ...

If you are employed, then your HR and payroll department would calculate the income tax before giving salary and would send the salary to the account only after deducting the tax amount. You would be ...