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Tax Day

An IRS 1040 form, U.S. Individual Income Tax Return, is shown on Thursday, April 5, 2018, in New York. Leading automated financial advisers — often called “robo-advisers” — such as Wealthfront and Betterment tout daily tax-loss harvesting as a way to significantly increase your returns. But independent research suggests the …

Kobach: States, Too, Should Cut Their Income Taxes

On Tax Day 2018, millions of Americans filed their tax returns, looking forward to a much better Tax Day in 2019 due to the Trump Tax Cut. They are already enjoying the smaller federal tax withholdings from their paychecks.

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Study: Over 27% of Student Loans Are in Default

A university degree was once perceived as the social elevator to a higher net worth. But the Federal Reserve Bank of New York estimates that 40 million Americans have racked up an average of four loans with an outstanding net balance of $29,000 to obtain a college education.

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Leftists Celebrate Tax Day by Protesting for Higher Minimum Wage

Wednesday marks Tax Day in the United States, the day when Americans are obligated to turn in their taxes to the Internal Revenue Service. Normally, you’d expect those who actually, you know, pay taxes to complain about the government robbing them of their livelihood to pay for programs and projects from which they will never benefit. But not anymore.

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Bulldoze the U.S. Tax Code

There is no excuse for today’s federal tax system. It obstructs wealth-creation and jobs. The only interests it serves well are those of the political class. When they debate among themselves about the proper level of taxation, it’s clear that they think the federal government can tax at any level they want.

AP Photo/Charlie Neibergall

Carly Fiorina: ‘Our Current Tax System Is In Desperate Need of Reform’

On tax day, former HP CEO Carly Fiorina, a likely presidential candidate, took to Facebook to say the current tax system is in need of reform. You deserve to have a tax code that is transparent and fair so that everyone–whether you work for a small business or just want to keep a little more of your own money– has the opportunity to compete and thrive,” said Fiorina.