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Big, beautiful bomb-throwers: GOP spending hawks threaten to sink Trump's tax cut bill
A group of Senate Republicans, led by fiscal stalwart Ron Johnson of Wisconsin, are prepared to torpedo President Trump's signature tax…
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Tax
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Trump pardons Julie and Todd Chrisley, reality TV stars convicted in 2022 of fraud and tax evasion
President Donald Trump on Wednesday signed pardons for reality TV stars Julie and Todd Chrisley, who have been serving federal prison…
News
Elon Musk 'disappointed' by Donald Trump's 'big, beautiful' tax bill
Watch: Elon Musk says he is "disappointed" with Trump's "big, beautiful bill", in interview with CBS Sunday Morning Elon Musk has…
News
Florida Gov. DeSantis tries to roll back property taxes as homeowners grapple with rising tax bill
Gov. Ron DeSantis is leading the charge in the Sunshine State to lower and eventually get rid of the dreaded property tax, which for many…
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Trump’s budget bill touts ‘no tax on overtime.’ But he just made it harder for millions to earn overtime in the first place
One of the most notable features of President Donald Trump’s “big beautiful bill” passed by the House early Thursday is a series of tax…
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The Senate Can Improve the House-Passed Tax Bill
There is an opportunity for unified Republican government to put federal policy on a better path. Source link
News
Republicans Pass Horrid Tax Bill Thanks to Democrats Dying in Office
House Republicans managed to pass their draconian budget bill, which promises to make massive cuts to Medicaid, Medicare, and food…
Fashion
US: Wall St opens mixed after Trump's tax Bill narrowly clears House test
Wall Street’s main indexes opened mixed on Thursday (May 22) after the US House of Representatives passed President Donald Trump’s tax…
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House Republican Breaks Ranks and Shreds Trump’s “Debt Bomb” Tax Bill
While Republicans managed to pass their budget bill through the House Thursday morning, one GOP representative was not happy, calling it a…
News
Tax rise warning after government borrowing disappoints
Higher-than-expected borrowing figures have increased the prospect of Chancellor Rachel Reeves raising raise taxes in the autumn, experts…
News
Republicans Are About to Massively Screw Up the Courts Using Tax Bill
House Democrats immediately pounced. At a House Rules Committee meeting early Wednesday morning, ranking member Jim McGovern asked…
News
Republicans Sneak Massive Medicare Cuts Into Their Horrid Tax Bill
House Democrats immediately pounced. At a House Rules Committee meeting early Wednesday morning, ranking member Jim McGovern asked…
Business
US: Wall Street opens lower with focus on Trump's tax Bill
Wall Street’s main indexes opened lower on Wednesday (May 21), as investors awaited the outcome of a pivotal debate around US President…
News
Leaked memo reveals Angela Rayner called for tax rises
Iain Watson Political correspondent Kate Whannel Political reporter Deputy Prime Minister Angela Rayner's department called for Chancellor…
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Senate passes 'no tax on tips' bill by unanimous consent, pushed by Nevada Democrat
The Senate on Tuesday stumbled into quiet passage of a bill to fulfill President Trump's campaign pledge of "no tax on tips." Source link
Business
Frasers Property H1 profit rises 147.6% to S$142.2 million on tax reversal
Frasers Property posted a 147.6 per cent jump in net profit to S$142.2 million for the first half ended Mar 31, 2025, from S$57.4 million…
Business
The Tax Code Should Not Punish Mutual Fund Investors
The government should not be picking winners and losers depending on where you choose to hold your mutual fund savings. Source link
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An overwhelming majority of Americans don't want Trump tax cuts to expire
A majority of Americans don't support raising taxes, according to a new poll, which also bodes well for support of President Trump's plans…
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There’s No Way to Replace the Income Tax with Tariffs
Even if it could raise enough revenue (which it can’t), it would undercut Trump’s other tariff goals. Source link
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Congress Should Decide Harvard’s Tax Exemption
The Supreme Court should never have made the president the arbiter of the community’s conscience in deciding when colleges must be taxed.…
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Trump Says He’s ‘Taking Away’ Harvard’s Tax Exempt Status
President Trump said on Friday that Harvard would lose its tax-exempt status, repeating his intent to enlist the Internal Revenue Service…
News
Republicans Wrestle With Trump’s Demands for Tax Cuts
It was easy to miss, but last weekend President Trump floated a fundamental rewrite of the American tax code. In a social media post, and…
News
The Tax Code Should Not Be a Game of Hide-and-Seek
Lawmakers should push against efforts to lift the SALT cap, and they should keep an eye toward bringing additional transparency to the tax…
Business
How a U.S. Tax Loophole Supercharged China’s Exports
When Congress raised the threshold for imported goods to enter the United States tax-free to $800 from $200 nearly a decade ago, it threw…