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 […]
L.A. Mayor Karen Bass Says City Considering Suspending Measure ULA Tax to Help Rebuilding
LOS ANGELES, Calif. — LA Mayor Karen Bass said Tuesday that she and the city council are considering ways to shut down ULA, a controversial property transfer tax, in an effort to rebuild the area that was destroyed by recent wildfires. Several state and federal lawsuits have put ULA's constitutionality measurements into question. Tuesday was […]
Exclusive — Sen. Tom Cotton Proposes Tax on ‘Woke’ University’s Endowments
Sen. Tom Cotton (R-AR) proposed laws Tuesday that taxes “wake-up” college donations and cancels student loans for “crime” protesters. Cotton has announced the Awakened Fund Security Tax (West) Act. This is a bill that launches a 6% sales tax on 11 American college donations, which uses revenue to repay borders and secures southern borders. “We […]
Randi Weingarten decries school choice vouchers as ‘tax credit’ for wealthy
Teachers Union boss Randy Weingarten said in a recent podcast appearance that President Donald Trump's plan to end the Department of Education would mean more funding for school choice vouchers. Weingarten's comments came in a podcast interview with Molly Jong-Fast. He spoke about the implications of Trump's spending reforms, particularly his plan to end the […]