“There are 20 years of data showing trickle-down economics doesn’t work, yet today will still be a whole lot of revisionist history and wishful thinking on the singular largest failure of fiscal policy in recent memory,” said Rep. Richard Neal. As House Republicans prepare for Donald Trump’s possible White House return by plotting to expand […]
WASHINGTON — The Internal Revenue Service announced Monday tax relief for individuals and businesses in the Wrangell Cooperative Association of Alaska Tribal Nation that were affected by severe storms, landslides, and mudslides that began on Nov. 20, 2023. These taxpayers now have until July 15, 2024, to file various federal individual and business tax returns […]
A court-appointed monitor found that a $48 million loan Trump has long claimed he took out “never existed.” A finding by the court-appointed special monitor overseeing former U.S. President Donald Trump’s fraud case in New York placed questions about a loan acquisition—and potential tax evasion—back into the spotlight over the weekend, with a tax attorney […]
“If you want better roads, better schools, better healthcare, better public transit… or just a generally better life, then the best way of funding that is by taxing the ultrawealthy, not allowing them to exploit more tax loopholes.” While ultrawealthy Americans are unlikely to face any extra federal taxes any time soon due to the makeup of […]