Chewy Targets $50 Million in AI Cost Reductions by Fiscal 2027, Citing Deep Infrastructure and Proprietary Tech

By PYMNTS | September 18, 2026 Main Facts While many corporate enterprises struggle to quantify the precise return on investment delivered by their artificial intelligence initiatives, online pet products retailer Chewy has bucked the trend with concrete figures. During the company’s second-quarter earnings call, Chief Executive Officer Sumit Singh announced that Chewy expects artificial intelligence…

Read Full News

Trump’s Proposed $5,000 "Citizen Dividend": A Fiscal Windfall or an Inflationary Trap?

By Erica York, Senior Economist, Center for Federal Tax Policy Main Facts At the Republican National Convention in Dallas, President Trump made a sweeping political and economic pledge: a direct payment of $5,000 to every adult citizen in the United States. However, this headline-grabbing proposal comes with a significant political caveat—it is conditional upon Republicans…

Read Full News

The Trillion-Dollar Weight: How Healthcare Subsidies and Tax Preferences Are Driving America’s Fiscal Crisis

Main Facts The United States federal government faces an unprecedented fiscal trajectory, driven largely by decades of escalating healthcare spending and extensive tax preferences. According to Congressional Budget Office (CBO) projections, federal budget deficits as a share of Gross Domestic Product (GDP) are set to rise from 5.8 percent in 2026 to 6.7 percent in…

Read Full News

Navigating the Fiscal Cliff: Tax Foundation Releases Comprehensive Guide to Federal Tax Reform and Deficit Reduction

WASHINGTON — As annual federal budget deficits approach an alarming $2urillion threshold, lawmakers in Washington are increasingly looking toward the federal tax code to generate revenue and stabilize the national debt. Amid this fiscal pressure, the Tax Foundation has released its flagship resource, Options for Reforming America’s Tax Code 3.0: A Policymaker’s Guide to Tax…

Read Full News

The Return of the Windfall Tax: How European Energy and Banking Levies are Reshaping Fiscal Policy

As the European Union economy continues to navigate a turbulent global landscape—recovering from the severe energy price shock triggered by Russia’s invasion of Ukraine while facing renewed geopolitical tensions in the Middle East—policymakers are once again turning to familiar interventionist measures. With oil and gas supplies constrained and energy prices creeping upward, interest in "windfall…

Read Full News

The Trillion-Dollar Question: Breaking Down the Fiscal Realities and Economic Risks of the Proposed $5,000 Trump Dividend

By Erica York, Senior Economist, Center for Federal Tax Policy Main Facts During a high-profile address at the Republican National Convention in Dallas, President Trump made a sweeping electoral pledge: every adult citizen in the United States will receive a direct $5,000 dividend payment. However, this windfall is explicitly conditional. The payouts depend entirely on…

Read Full News

The Fiscal Crossroads: Why Corporate Tax Reform is the Key to Navigating Global Economic Stagnation

As geopolitical tensions in the Persian Gulf continue to roil international energy markets, the global economy stands at a precarious juncture. Policymakers across the developed world are finding themselves in a classic "policy trap": they must stimulate economic momentum to combat cooling growth while simultaneously addressing the looming specter of record-high public indebtedness. With aging…

Read Full News

The New Frontier of Fiscal Discipline: Why CFOs are Transforming Legal Spend into an Operational Strategy

By PYMNTS | July 17, 2026 For decades, the legal department was viewed by the C-suite as a “black box”—a necessary cost center that operated with relative autonomy. When invoices from outside counsel arrived, the Chief Financial Officer (CFO) would typically review them against annual budgets, negotiate modest rate adjustments, and move on. That era…

Read Full News

Poland’s Windfall Profits Tax: A Short-Term Fiscal Fix with Long-Term Economic Risks

Poland is currently navigating a contentious legislative path toward implementing a "windfall profits tax" on the liquid fuel sector. As Warsaw maneuvers to address the fiscal pressures of a volatile global energy market, it has joined a growing cohort of European nations adopting ad-hoc tax measures to capture perceived "excess" corporate earnings. While the appeal…

Read Full News