Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your effective tax rate each year to help you make adjustments to your ...

President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries ...

The president is using an unintelligible equation as a way to impose higher tariffs on the countries with which the United ...

In a response on X, the website formerly known as Twitter, White House spokesman Kush Desai called the analyses “incorrect” ...

Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out US trade deficits — and, for that matter, ...

The formula the White House produced to justify its wildly aggressive tariffs depends on a fundamental misunderstanding of how trade works.

USTR detailed a formula that divides a country’s trade surplus with the US by its total exports, based on data from the US Census Bureau for 2024 ...

Dive into the formula used by the U.S. to calculate its reciprocal tariff rates, and see what economists are saying.

Conservative Leader Pierre Poilievre says he will introduce an income tax cut that will save the average worker about $900 a year if he becomes prime minister.

But the Senate Economic Development Committee adopted an amendment to HB 2014 to change the property tax formula for data centers. Under the amendment, 55% would go to the personal income tax ...

Telangana has proposed reforming the tax devolution system to the 16th Finance Commission, advocating for 50% weightage to GSDP to ensure equitable resource allocation. Finance Minister Bhatti ...