Senate Republicans propose bills to kill EV tax credit, add road repairs tax
Senate Republicans introduced a pair of bills on Wednesday, aiming to strip the country of electric vehicle tax credits and replace them with mandatory $1,000 tax payments that they would instead be used to repair roads. “The hard-earned money of Americans paying taxes should not cover the cost of the country's elite luxury, and we […]
Where is my tax refund? – NPR
The IRS says it processed 11.7 million tax returns in the first week of the 2025 filing season. Here you can see a cart with documents at the IRS processing facility in Austin, Texas last September. Brandon Bell/Getty Images Hide captions Toggle caption Brandon Bell/Getty Images The IRS began accepting tax returns on January 27th. […]
Senate Republicans say they won't support tax bill that doesn't make Trump cuts permanent
Senate Majority Leader John Tune (Rs.D.) and other Republican senators vote for a permanent extension of President Trump's 2017 tax cuts, not a temporary extension. A bill that includes the president's legislative agenda that vowed to throw the wrench into an effort to advance the House Republican version. Nine Republican senators, including Mike Krapo (Idaho), […]
Death tax repeal effort gets more than 200 Republican lawmakers on board
First on FOX: Republican lawmakers are gathering massive efforts to abolish federal inheritance tax, known as the “death tax.” R-Iowa's Rep. Randy Feenstra leads more than 170 House Republicans in the Death Tax Abolition Act, backed by House top tax writer Jason Smith, Speaker of Ways & Means, and R-Mo. Inheritance or real estate taxes […]
Andy Barr Details Republican Plan to ‘Whip Inflation’ with Tax Cuts, DOGE
Rep. Andy Barr (R-KY) “whips “inflation” by enacting President Donald Trump's economic agenda, cutting taxes, cutting spending with Doge and unleashing energy control “He told Breitbart News. The Labor Department said Wednesday that consumer prices rose 3% in January, demonstrating a more sustained phenomenon inflation and increasing inflation. Barr, chairman of the House Financial Services […]
Madison school district warns employees about surprise tax bills – The Capital Times
Madison School District employees may need to pay more taxes than they expected this year due to payroll errors. In an email to an employee at the Metropolitan School District on Tuesday, HR Director Jennifer Trendell said, “We have learned that certain system updates may have led to the incorrect elimination of income from taxation.” […]
JA’RON SMITH: Trump Should Apply His Magic To America’s Broken Tax System
In just three weeks of his second term, President Donald Trump is pushing his all with his agenda. He has already received an order to bring wholesale transformation to the government and has already been delivered. This includes ensuring that the federal government creates efficiency in a slower bureaucracy system, serving people rather than systems. […]
Republicans weigh ending Wall Street’s favorite tax break
Republicans are considering repealing one of Wall Street's favorite tax credits with the encouragement of President Trump. This has long enjoyed Republican support and can pose yet another obstacle to the path to tax bills. Tax credits on favorable interest – often referred to as a loophole in carried interest, managers of investment funds, such […]
How Trump’s 15% tax plan could UNLEASH American prosperity
President Trump is working on a plan to reduce the corporate tax rate to 15% for companies that manufacture products in the United States. “I think what Trump is basically talking about is a really interesting idea, but it's not necessarily about removing income tax, it's about reducing all tax rates to 15%,” Moore said. […]
Trump expresses confidence Democrats will help extend tax cuts
President Trump expressed confidence that Democrats will help Republicans expand the 2017 ERA tax cuts, despite the fact that minorities are not interested in supporting the president's agenda. The president also suggested that he could help raise debt restrictions after he previously called on Republicans not to allow them to use debt restrictions. “I can't […]