Showing posts with label income tax. Show all posts
Showing posts with label income tax. Show all posts

Tuesday, August 4, 2026

Todd Blanche on track for confirmation after Cornyn strikes Trump settlement deal - POLITICO

The pact was announced Sunday by a Cornyn spokesperson and by Blanche in a X post. Documents posted by Blanche appear to meet the Texas Republican’s demands to nullify a $1.8 billion “Anti-Weaponization Fund” and to limit the scope of an IRS audit immunity deal applying to the president and his family.

 https://www.politico.com/news/2026/08/02/todd-blanche-confirmation-deal-01022051


 

‘Completely hollow’: critics denounce Blanche deal to halt Trump slush fund

Democrats say agreement – which clears way for Blanche’s confirmation – makes promises president can easily reverse…

 https://www.theguardian.com/us-news/2026/aug/03/todd-blanche-donald-trump-deal


Tuesday, May 19, 2026

Trump’s immigration crackdown could cost up to $479bn in lost taxes over 10 years

The Trump administration’s immigration crackdown could cause the US to potentially lose up to $479bn in lost tax revenue over the the next 10 years, with enforcement deterring undocumented workers from filing their taxes this year, according to tax experts...

 https://www.theguardian.com/business/2026/may/18/trump-immigration-crackdown-lost-taxes-ice


 

Thursday, April 16, 2026

Oil company founded by energy secretary paid no US taxes last year - POLITICO

Liberty Energy made $193 million last year and received more than $10 million back in tax benefits, according to a nonprofit analysis released on Tax Day...

 https://www.politico.com/news/2026/04/15/fracking-company-energy-tax-liberty-00872841


US taxpayers spend hundreds more on military as Trump pushes for vast increase

As Americans race to file their federal taxes before today’s deadline, new analysis breaks down where the money goes…

 https://www.theguardian.com/us-news/2026/apr/15/us-taxpayers-military-spending-trump


 

Tax day is a reminder of America’s unequal tax system. But we can fix it

The idea that billionaires should pay higher tax rates than working people is not radical. What is radical is allowing a system where extreme wealth exists alongside widespread hardship – and where those billionaires can in effect opt out of contributing to the society that made their success possible…

 https://www.theguardian.com/commentisfree/2026/apr/15/tax-day-united-states-unequal-taxation 


Tuesday, March 17, 2026

Tax scams are up this season compared to previous years. Here's what to know | PBS News

Robocalls, texts, and phishing emails from scammers are up this tax season compared to previous years, with artificial intelligence likely increasing fraud attempts, according to the consumer protection bureau of the Federal Trade Commission. Consumer advocates and government officials urge the public to stay wary, to stop and think before engaging with phone or text messages, and to remember the IRS will not contact you directly by text or phone…

https://www.pbs.org/newshour/nation/tax-scams-are-up-this-season-compared-to-previous-years-heres-what-to-know 


 

Thursday, March 12, 2026

Meet the Americans withholding their federal income tax to protest against Trump

Lincoln Rice, who leads the National War Tax Resistance Coordinating Committee (NWTRCC), said in Donald Trump's second term, more and more people are removing their money from the federal tax base. In January, NWTRCC – which has been around since the early 80s – held its largest-ever "War Tax Resistance 101" training. A few years ago, such trainings would draw about a dozen attendees; two months ago, nearly 500 people showed up, and the group's website traffic had over 110,000 unique visitors...

https://www.theguardian.com/us-news/2026/mar/11/trump-income-tax-protest


Thursday, February 5, 2026

Those new tax breaks Trump is touting come with a catch - POLITICO

They aren't as generous as Trump's "no tax on tips" and "no tax on overtime" taglines suggest, and have complex rules that will prevent many from claiming them altogether. 

"They are much more complicated than what your ordinary middle-class household is used to dealing with," said Kyle Pomerleau, a senior fellow at the conservative-leaning American Enterprise Institute…

https://www.politico.com/news/2026/02/03/those-new-tax-breaks-trump-is-touting-come-with-a-catch-00760432 


 








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