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Marketplace Tech

So far, the tax overhaul isn’t living up to many of its promises

by Justin Ho Jun 19, 2019
It can take a while to understand the real effects of such a major change, but in the last few days, we’ve learned a little about how the nation’s tax law is playing out.
George Marks/Retrofile/Getty Images

Tax Day used to be a party at the post office

by Marielle Segarra Apr 15, 2019
It was a deadline that brought people together.
A Playboy-branded Tax Day rest stop in the 1990s.
Michael Nagle/Ashling Digital

This tax season, accountants are double-checking their software

by Marielle Segarra Apr 3, 2019
It's the first filing season under the tax overhaul of 2017. Software companies are still catching up.
People are afraid to file their taxes — and accountants are moving slower.
Joe Raedle/Getty Images

Why we need GDP growth

by Mitchell Hartman Feb 28, 2019
Last year, the U.S. economy grew at an annualized rate of 2.9 per cent — a pretty respectable number, and a likely product of the 2017 tax overhaul. But as the “sugar-high” from those tax cuts wanes, what will the effects…
George Marks/Retrofile/Getty Image
Tax Bill 2017

The history — and psychology — behind the tax refund

by Marielle Segarra Feb 20, 2019
When did taxpayers and industries start to rely on the refund?
A neon sign is seen in a window of a tax preparation office in Des Plaines, Illinois.
Tim Boyle/Getty Images

Should Massachusetts tax its wealthiest higher ed institutions to subsidize the cost for public college students?

by Kirk Carapezza Nov 1, 2018
Universities with big endowments must start paying a new tax that passed as part of the GOP’s tax overhaul.

Where are Affordable Care Act premiums headed?

by Dan Gorenstein May 4, 2018
Yesterday marked the one-year anniversary of the Republican-controlled House voting to repeal the Affordable Care Act. The nonpartisan Congressional Budget Office has said the vote would increase the number of uninsured Americans by more than 20 million. Well, Obamacare is…

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Athletic departments scramble as donors lose tax deduction for ticket rights

by Andy Uhler Jan 1, 2018
Donations made in exchange for university sports season tickets will no longer be 80 percent tax deductible in 2018, which has some schools worried that donations could drop.
Jalen Hurts #2 of the Alabama Crimson Tide looks to pass during the first quarter against the Auburn Tigers at Jordan Hare Stadium on November 25, 2017 in Auburn, Alabama.
Kevin C. Cox/Getty Images
Tax Bill 2017

Born in the year of tax reform

by Kai Ryssdal Dec 22, 2017
Two 31-year-olds discuss the changes to a tax code that hasn't seen major reform since they were born.
Traffic streaks past the U.S. Capitol on December 20, 2017 in Washington, DC. 
Mark Wilson/Getty Images
Tax Bill 2017

What the tax bill means for economic mobility

by Kai Ryssdal and Daisy Palacios Dec 22, 2017
It's "going to increase our black-white wealth gap," says professor Dorothy Brown of Emory University.
From left, Senate Majority Leader Mitch McConnell, a Republican from Kentucky, and Senate Finance Committee Chairman Orrin Hatch, a Republican from Utah, arrive at a press conference after the Senate passed the tax reform bill today in Washington, D.C.
Photo by Tasos Katopodis/Getty Images