Biden would sign a bill eliminating a tax on tips, White House says
The White House said Monday that President Biden would “absolutely” sign a bill to eliminate taxes on tipped wages if it reaches his desk, supporting a policy first proposed by former President Trump and co-sponsored by Vice President Harris. “This is something the president supports,” spokeswoman Karine Jean-Pierre said at a news conference. “The president […]
Medicare Agency Just Gave Kamala Harris An In-Kind Contribution With Your Tax Dollars – The Federalist
Earlier this month, Kamala Harris’ campaign Announced More than $200 million was raised in the first week of her candidacy after Joe Biden dropped out of the presidential race, with much larger, but unofficial, in-kind contributions made through the federal Centers for Medicare and Medicaid Services (CMS). Announced A new “Premium Stabilization Demonstration” aimed at […]
Trump accuses Harris of ‘stealing’ no tax on tips promise after Dem nominee parrots policy
Vice President Kamala Harris followed up on former President Trump’s campaign promise to eliminate the federal tax on tips paid to service industry employees such as restaurants, bars and hotels. Harris vowed to fight for “America’s working families” at a rally on the campus of the University of Nevada, Las Vegas on Saturday night. “When […]
Harris ‘copies’ Trump’s no tax on tip policy in Nevada
Vice President Kamala Harris announced her pledge to repeal the tip tax while campaigning in Las Vegas on Saturday, prompting former President Donald Trump to slam her for “copying” one of his signature proposals. The Democratic presidential nominee spent much of his speech sharply criticizing Trump, but opened his speech in a battleground state by […]
IRS Updates Crypto Tax Form, Drops Wallet Address Requirement – Decrypt
The United States tax agency has released revised forms for crypto investors, aiming to simplify taxes for digital asset holders. The 1099-DA, released as a draft on Friday, will provide “easier and clearer” reporting for tax filers with cryptocurrency investments, the IRS said in a statement on Friday. The revised form removes requirements from the […]
Guide to Massachusetts' sales tax holiday this weekend, Aug. 10-11, 2024 – WCVB Boston
A guide to Massachusetts sales tax exemptions this weekend, August 10-11, 2024 Updated: August 9, 2024, 9:20 PM EDT Things you need to know to save money. Sales Tax Weekend. Think big, but not too big. You can’t save on taxes on cars or anything over $2,500. But what about that expensive piece of jewelry […]
Hunter Biden prodded US officials to help crooked client —but won’t face FARA counts at tax trial
WASHINGTON — Hunter Biden lobbied U.S. officials and tried to support a corrupt Romanian client while his father was vice president, Special Counsel David Weiss’s office said in a filing Wednesday, but nonetheless said those possible criminal violations were “unrelated” to his eldest son’s tax evasion trial next month. Hunter, 54, is scheduled to go […]
18 House Republicans ask Johnson not to target IRA clean energy tax credits
More than a dozen House Republicans sent a letter to House Speaker Mike Johnson (R-Louisiana) on Tuesday urging him not to repeal the Inflation Control Act’s (IRA) clean energy tax credit if Republicans maintain or expand their House majority next year. In the letter, first shared with Politico’s E&E News, members led by Rep. Andrew […]
Bottom Line: Victoria’s Secret flirts with tax reform
Tax Victoria’s Secret Hired Barnes & Thornburg LLP It lobbies on tax reform issues, “including international and domestic tax systems.” One of the account’s lobbyists is John T. “Jack” O’Rourke, a longtime lawyer who served as a professional staff member for the House Banking Committee and the Securities Industry Association in the 1980s. finance CitadelA […]
Where Tim Walz stood on tax cuts in Congress
Minnesota Governor Tim Walz (Democrat) has a mixed record on taxes, having voted for tax increases that angered Republicans while also breaking with Democrats to extend Republican tax cuts. As a member of the House of Representatives in 2012, Walz was one of 19 House members who voted for a Republican bill to extend George […]