Trump Floats One Weird Idea To Replace The U.S. Income Tax
Former president Donald Trump on Thursday raised the prospect of scrapping the U.S. income tax system and replacing it with something very different: much higher tariffs on imported goods.
Taxes in news
Republicans Rush To Write Bills Enshrining Donald Trump's Idea To Not Tax Tips
WASHINGTON ― Republicans never proposed a tax break on tips before, but now that Donald Trump has embraced the idea, several lawmakers are putting it into legislation.
Elizabeth Warren Urges Democrats Not To ‘Roll Over’ On Tax Fight In 2025
Sen. Elizabeth Warren (D-Mass.), a leading figure in the Democratic Party’s liberal wing, warned her fellow Democrats on Monday to not shy away from next year’s fight over whether to extend temporary tax cuts enacted by former President Donald Trump in 2017.
White House Warns On GOP Tax Plans If Trump Wins And Republicans Control Congress
A senior White House official said that Republicans’ plans to extend or expand the temporary tax cuts put in place in 2017 would likely come at the expense of ordinary Americans.
What We Learned From Rishi Sunak's Tax-Focused Tory Manifesto
Rishi Sunak launched the Conservative party manifesto on Tuesday with pledges to cut taxes at the core of the offering as he bids to breathe new life into his campaign.
Treasury Accuses GOP Of Siding With Tax Evaders In Direct Tax Filing Fight
The Treasury Department fired back Tuesday at House Republicans who want to defund the new IRS Direct Filing program, which will allow taxpayers to send their tax returns directly to the agency without using commercial software from companies like Intuit or H&R Block.
IRS Expanding Program That Lets Taxpayers File Directly For Free
The IRS said Thursday it will ramp up a program that allows taxpayers to electronically file their taxes directly with the agency, but the extent of the expansion will depend on how many states partner with it.
Use Expiring Trump Tax Cuts To Overhaul The Entire Tax System, Groups Say
The $4.6 trillion in tax cuts that expire next year offer a chance to completely revamp the U.S. tax system that should not be missed, more than 100 progressive and economic groups said Tuesday.