Vivek Ramaswamy Proposes Eliminating Income Tax in Ohio
Ohio governor candidate Vivek Ramaswamy proposed eliminating the Ohio income tax, noting that the people there are “deserving” what they earned. between speech At the Lucas County Republican annual Lincoln Day Dinner, Lamaswamy spoke about Texas being the number one state where people are relocating, and Florida was second in all states. Ramaswamy added that […]
Americans have just one month to claim $781 tax refund – SILive.com
Staten Island, New York – More than 1 million Americans who have never filed a 2021 return have only another month to claim a potential refund of over $700. Earlier this month, the Internal Revenue Service reminded the approximately 1.1 million Americans who did not file returns for the 2021 tax year that only returns […]
The looming budget question: Will Medicaid cuts fund tax cuts?
The challenge of restoring financial responsibility will be fully exhibited in the next few monthswThe 2025 House of Representatives Budget resolution passed on February 25th. It set the stage for laws that avoided the Senate's 60-vote threshold and could pass with a simple majority. It does not include any specific changes to spending or taxes, […]
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said on Thursday that Democrats will be held responsible if government funds run out this week, suggesting that the closure could delay GOP's efforts to extend the expired tax cuts. “They do the shutdown and in the end, it could lead to very high taxes as we're talking about the shutdown,” Trump told […]
Swiss billionaire Hansjorg Wyss, 89, bankrolling ‘working families’ group opposed to Trump tax cuts
WASHINGTON – The Swiss billionaire has denounced plans to bring his money to pop-up progressive advocacy groups, claiming to support “working families” and expand President Trump's tax cuts as a giveaway to ultra-rich. The over billionaires family, launched when Trump returned to the White House in January, were founded as temporary entities against an extension […]
Tariffs Are ‘a Tax’ ‘Will Be Passed’ to Consumer
On CNN's “Source” aired Wednesday, Sen. Mark Wayne Marin (R-OK) said he sees President Donald Trump's economic policies working and tariffs as a tool to open foreign markets to American businesses and leverage other issues. [are] Taxes, and it will be handed over[to] Consumers. ” Marin said, “It's difficult now. And I understand that. I'm […]
Ireland could lose pharma tax to US after Trump accusations, experts warn | Pharmaceuticals industry
The Ireland-based US pharmaceutical company is more likely to return profits to the US than close manufacturing plants after Donald Trump accused Ireland of stealing American taxes and jobs, experts say. Aidan Regan, a professor of political and economics at Dublin University, said the US president is right to call for trade imbalances created by […]
Trump threatens 200% tariffs on all alcohol from EU countries after whiskey tax
President Trump on Thursday threatened 200% tariffs on all alcohol products coming from the European Union after the US collected 50% tax on whiskey coming from the US. “The European Union, one of the world's most hostile and abusive tax and customs authorities formed for the sole purpose of using the United States, has placed […]
A government program made tax filing free and more efficient. Musk and DOGE may get rid of it anyway – The Associated Press
WASHINGTON (AP) — Mia Francis, a 22-year-old barista from Boston, filed her own taxes for the first time this year. Francis said it took 45 minutes to finish her taxes. IRS Direct File ProgramThe electronic tax return system was permanently deployed by the IRS last year in 25 states. Francis is hoping for a $530 […]
Repealing or Suspending Measure ULA, So-called ‘Mansion Tax,’ Could Help Rebuilding of L.A.
The challenges of reconstruction in Los Angeles after the catastrophic fire in January 2025 have become even more difficult due to measurements from ULA, a local voting initiative that slapped the range of assets sold worth more than $5 million in 2022. Measure ULA was sold to voters as a “mansion tax,” but in reality […]