Al Capone was busted for tax evasion. Leona Helmsley was, too. But gangsters and entitled millionaires aren’t the only ones who hold something back from the tax man. Each year, Americans of all stripes underpay the IRS by hundreds of billions, aided by the fact that the agency lacks the resources to catch all the […]
Between costly tax cuts and last week’s hefty spending bill, Congress is generating deficits that aren’t just large, they’re also unprecedented and potentially ominous. And even with some optimistic assumptions, President Trump’s latest budget proposal wouldn’t eliminate these deficits — in fact, the president is still angling to add a potentially costly infrastructure plan on […]
The FiveThirtyEight Politics podcast team sorts through the various narratives that have emerged after Democrat Doug Jones defeated Republican Roy Moore in last week’s Alabama Senate election and discusses what the upset means for Democrats looking ahead to 2018. The crew also weighs the political implications of the Republican tax overhaul, which could get a […]
The Alabama special Senate election is a dead heat after more women accused Republican candidate Roy Moore of sexual misconduct. The FiveThirtyEight Politics podcast team assesses attitudes among different voting groups in Alabama and discusses the candidates’ strategies thus far. The crew also looks at the pros and cons for Republicans of passing a tax […]
President Trump and congressional Republicans are desperate to pass tax reform, which they are unveiling Thursday after laying out the broad outlines of the proposal in September. But Republicans need good news even more now, what with Trump’s struggling presidency taking another hit after special counsel Robert Mueller charged three of his 2016 campaign aides […]