Trump: I 'love the concept' of millionaire tax hike, but ‘may not be acceptable to the public’
President Trump in an interview Released on Friday He loves the “concept” of raising taxes on wealthy people and paying some of his policy proposals with bold laws, but admits that it is “unacceptable to the public.” Trump sat on Tuesday Interview with Time Magazine Centered on the first 100 days of his inauguration, he […]
EXCLUSIVE: New Report Shows Benefits Of Trump Tax Plan Potentially Cutting Clean Vehicle Tax Credit
Congress could generate billions of dollars in new revenue when cutting taxes on Biden-era electric vehicles (EVs). This is what the Energy Research Institute (IER) shows. The draft of the new report, first obtained by the Daily Caller News Foundation, highlights how to eliminate clean vehicles Tax Credit Program What was launched under former President […]
GOP strategists point to populism as fuel for Republican tax hike talk
Trump drops potential tax bombs R-Penn. Rep. Dan Meuser is considering the Trump administration’s immigration strategy, along with the potential implementation of a 40% billionaire tax system. The aversion to tax hikes has long been one of the Republican core pillars, but tradition has been eclipsed over recent weeks as the new billionaire potential billionaires […]
Trump sours on millionaire tax to fund ‘big, beautiful’ agenda bill
President Trump rejected a floating proposal among Congressional Republicans, jacked billionaire’s taxes and paid for his “big and beautiful” agenda package. In recent weeks, some Republicans have hanged the possibility of establishing a 40% tax rate on taxpayer revenues of more than $1 million a year. Currently, the highest tax rate is 37% for annual […]
Florida Could Take Tourism Money to Pay for Tax Refunds – Newsweek
Florida could divert tax revenues, normally used for tourism marketing, to tax refunds, as part of a bill that passes through the state legislature. Why is it important? Florida County is currently collecting taxes on hotels, known as the Tourism Development Tax. Currently, at least 40% of this tax must be spent on tourism marketing. […]
Did you leave money on the table? 3 tax credits almost nobody claimed – Coaches Database
It’s like they’re just leaving money at the table as millions of Americans miss out on valuable tax credits. Citizens do not charge these three valuable tax credits. Not because you don’t qualify, but because you don’t realize that these credits exist. As the IRS stated, more 9 million taxpayers were unable to submit returns […]
GOP Lawmakers Pitch Plans To Take On Ivy League Endowment Tax Breaks In ‘Big Beautiful Bill’
Congressional Republicans have repeatedly raised taxes on donation revenues at certain universities in order to crack down on anti-Semitism allowed on campus amid President Donald Trump’s wider pressure campaign on universities. GOP lawmakers are considering several laws that will raise the tax rate of 1.4% on elite universities’ contributions and increase the number of donations […]
Trump admin to go after pensions, wages and tax returns to claw back student loan debt
WASHINGTON – The Trump administration announced Tuesday that it will chase pensions of people who seized wages and refuse to pay back federal student loans that defaulted. “The government can collect defaults on federal student loan obligations by withholding money from borrowers, tax refunds, federal pensions and even wages. The education department had announced a […]
Middle-class Americans thrived under Trump’s tax cuts. Here’s the proof.
As the fiscal cliff approaches in 2025, key provisions in the Tax Cuts and Employment Act are set to expire. If Congress doesn’t act, the biggest blows will not be billionaires or Wall Street elites. It was workers and middle class Americans who received the hammer. For years, the left has pushed the false narrative […]
‘Please don’t tax the rich’
Talk about the main targets. Several Seattle Street pedestrians were surprised last week when they weren’t told by the regular “walk” or “wait” command, but instead appeared to hear Jeff Bezos beg the rich not to tax them. At least six crossings across Washington City appeared to be hacked in the message. This appeared to […]