Trade experts note that businesses seeking tariff refunds may need to appeal to CBP or the Court of International Trade to get their money back after the Supreme Court's ruling. Read More.
President Donald Trump announced on Saturday that he is immediately raising the worldwide tariffs he imposed on Friday from 10 percent to 15 percent. Read More.
If Florida was a stock, the state's Chamber of Commerce CEO Mark Wilson "would be investing everything" in it as he details the Sunshine State's plans to become a Top 10 global economy. Read More.
President Trump’s new tariffs were imposed under Section 122 of the Trade Act of 1974, which allows temporary import restrictions when the United States faces “fundamental international payments problems." | Economy Read More.
HOSTILE ARGUMENT: THE FAIRTAX IS UNFAIR TO THE POOR AND A WINDFALL FOR THE RICH – PART 1
Today, we continue a series of articles about handling attacks on the FAIRtax... Read More.
Gas prices dropped 7.5% over the past year, bringing welcome relief to American consumers as inflation data shows energy costs declining nationwide. Read More.
“Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods," President Trump said at an August 2024. And he did it. | Economy Read More.
The Council of Economic Advisers Supports Consumption Taxes
The Council of Economic Advisors (CEA) is an agency within the Executive Office of the President that provides objective economic analysis and advice on both domestic and international policy. Read More.
Living alone costs Americans over $10,000 extra per year in what experts call a "singles tax," as apartment rents surge nationwide, new data reveals. Read More.
Internal, External and Effective Tax Rates: Understanding the Differences
In the world of taxation, the terms "internal" and "external" rates describe how the tax is calculated. Read More.
The IRS typically processes tax refunds within 21 days for e-filed returns, while mailed returns take six weeks or more to process during the 2025 tax filing season. Read More.
Consumer sentiment unexpectedly rose for the third consecutive month in early February, according to the University of Michigan's preliminary assessment of the household sector. Read More.
Major employers including UPS and Amazon announced significant job cuts in January, with transportation and tech sectors leading the nationwide layoffs surge. Read More.