South Carolina state Senator Stephen Goldfinch proposed a bill, dubbed the “Yankee tax,” that would require new residents to pay up to $500 to move to the Palmetto State. If passed … Read More
President Biden will resurrect his plan for a so-called “billionaire’s tax” during his second State of the Union address on Tuesday night. Biden first proposed a minimum tax on the super-rich … Read More
MANILA, Philippines — Nobel Peace Prize winner Maria Ressa and her online news company were cleared Wednesday of tax evasion charges she said were among a slew of legal cases … Read More
Everything’s bigger in Texas. The state’s bean counters have recorded a historic $33 billion surplus in tax revenue this year — about the same amount as the combined annual budgets … Read More
In one of the new Republican House majority’s first legislative moves on Monday, the body passed a bill rescinding $72 billion in spending on 87,000 new IRS agents. House Resolution … Read More
Americans are in a gloomy mood as the country enters the new year. Asked last month what they foresee in 2023, most predicted economic trouble, higher taxes, political conflict and ongoing … Read More
WASHINGTON — House Democrats released six years of former President Donald Trump’s tax returns Friday in one of their final acts before returning power to Republicans next week. The release … Read More
The tax returns of former President Donald Trump and his wife Melania show they reported negative income in four of the six years between 2015 and 2020. In three … Read More
New York’s Congress members are urging President Biden to stop taxing soldiers serving in terror-ravaged Kenya — including fighters from the Big Apple’s famous “Fighting 69th” Infantry. Military personnel are … Read More
House Democrats are officially in possession of six year’s worth of former President Donald Trump’s federal tax returns. The chamber’s Ways and Means Committee received documents for the years 2013 … Read More
