Tag: taxes

Who could have thought that Alexandria Ocasio-Cortez and Donald Trump would be on the same page on anything? The post Democrats defend a tax boon for rich homeowners appeared first ...

The U.S. Internal Revenue Service needs additional tools beyond audits to find individuals and businesses that are underpaying their federal tax bills, a former commissioner of the agency told a ...

Sen. Bernie Sanders (I-Vt.) has come out in opposition to an effort by top Democrats to remove caps from SALT, a tax deduction that primarily benefits rich people. House Speaker ...

Biden is expected to speak to the issue in his address to Congress Wednesday.April 27, 2021, 9:29 PM• 7 min readBoth House and Senate Democrats on Tuesday pressed President Joe ...

Summary List PlacementThe White House's ambitious plans for more than $4 trillion in new spending on infrastructure, health care, and education will be completely paid for by new taxes on ...

President Biden in the next few days will unveil eye-popping new tax rates for the wealthiest Americans —a top marginal income tax rate of 39.6% and a capital gains rate ...

New Jersey Gov. Phil Murphy is hoping to take advantage of the Hollywood backlash to Georgia’s voting laws with a letter to studios inviting them to move their film and ...

As last week was winding to a close, The New York Times reported on an odd instance of power brokering by Senate Majority Leader Chuck Schumer. Ahead of a planned ...

A federal judge on Friday issued a temporary order that will require the Treasury Department to give former President Trump's personal lawyers 72 hours notice before providing Trump's tax returns ...

WASHINGTON — The Justice Department is investigating the finances of President-elect Joe Biden’s son, including scrutinizing some of his Chinese business dealings and other transactions, a person familiar with the ...