Walz Falsely Claims Trump Hasn’t Paid Taxes in 15 Years
CLAIM: Minnesota Governor Tim Walz (D) said, “Donald Trump has paid no federal taxes for the past 15 years.'' Verdict: False. This recycles old claims about Trump's taxes that have long been debunked. During Tuesday night's CBS News vice presidential debate, Walz exposed false claims Democrats made against Trump from 2015 to 2020, including that […]
Ohio Senator Introduces Bill to Allow Bitcoin, Crypto Payments for State Taxes – Decrypt
On Monday, Ohio Sen. Niraj Antani proposed A bill that would establish Ohio as one of the few states to accept cryptocurrency payments for state and local taxes. The proposed bill would require all political branches in Ohio to accept Bitcoin and other cryptocurrencies for payments, although the specific digital assets have not yet been […]
Higher taxes and lower interest rates are ahead. What advisers say to do – USA TODAY
Some financial advisers say savers who have relied on high interest rates over the past few years may be in for a shock. Not only will their cash profits likely be lower following the Fed's recent interest rate cuts, but the interest they earn could be taxed even more as the Trump tax cuts expire […]
OECD Urges Higher Global Property, Environmental, and Wealth Taxes
The Organisation for Economic Cooperation and Development (OECD) on Wednesday called for higher taxes on the world's wealthy, their assets, property and large corporations while reducing small countries' spiralling debts. At the same time, the unelected group of 38 countries warned governments to rein in spending through greater fiscal discipline. In economic outlook ReportThe Paris-based […]
Gov. Hochul tells NY biz leaders ‘I want you to stay here’ as she promises not to raise income taxes in 2025
Governor Kathy Hawkle has promised not to raise income taxes on New Yorkers next year, saying she doesn't want businesses to flee the state. The Democrat, who infuriated the left wing of his party by refusing to raise income taxes in this year's state budget, said Friday he wants to stay that course in 2025. […]
Rep. Horsford introduces bill to eliminate taxes on tips
Rep. Steven Horsford (D-Nevada) formally introduced a bill on Tuesday that seeks to repeal the federal tax on tips, a proposal supported by both presidential candidates. The Tip Income Protection and Assistance (TIPS) Act would also eliminate subminimum wages for tipped workers and “prevent employers and high-income earners from exploiting the elimination of the federal […]
Trump vows to eliminate taxes on overtime — a potential winner among some of ‘the hardest-working citizens’
President Donald Trump I swore President Trump announced at a rally in Tucson, Arizona on Thursday that he would eliminate all taxes on overtime pay, an unprecedented proposal for the federal government. It's part of a series of broader tax cuts, one of which appears popular enough that Sen. Kamala Harris is adopting it for […]
Trump promises to eliminate taxes on overtime
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Trump pledges to eliminate taxes on overtime pay
Former President Donald Trump announced Thursday that he would eliminate all taxes on overtime pay if elected to the White House. “As part of additional tax cuts, I will eliminate all taxes on overtime work,” Trump promised at a rally in Tucson, Arizona, a key battleground state in the 2024 election. The former president argued […]
Trump Proposes Eliminating Taxes On Overtime Pay For Workers
Former President Donald Trump proposed eliminating taxes on overtime pay if he wins the November election at a campaign rally in Tucson, Arizona. President Trump has called for eliminating overtime taxes on workers who work more than 40 hours a week, saying it would create more incentives for workers and make it easier for companies […]