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Senate GOP spikes House tax plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP rejects House conservative tax pitch Senate Republicans are tossing ...The Hill - 8h -
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - 10h -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 18h -
Senate GOP rejects House conservative pitch on corporate tax rates
House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going over like lead balloons in the Senate, where Republicans are warning their ...The Hill - 20h -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - 1d -
GOP again holds edge in party affiliation: Survey
The Republican Party maintained its edge over the Democrats in 2024, with more Americans identifying with the GOP than with its rival political party, according to a poll published Thursday. The ...The Hill - 1d -
The GOP Rivalry That Could Spell Big Trouble for Trump
With Donald Trump's agenda at stake, the top Republican leaders are divided on fundamental questions of strategy.Politico - 1d -
GOP to California: Build back better
Republicans coalesce around putting policy strings on federal wildfire aid.Politico - 2d -
GOP rep to reintroduce bill to eliminate taxes on overtime pay
A Republican House member is reintroducing legislation Wednesday that would eliminate taxes on overtime pay, an idea that has gained momentum among some lawmakers after President-elect Trump touted ...The Hill - 2d -
How to Pay Your Taxes Online
Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.Wired - 3d -
Senate GOP incumbents brace for MAGA primary challengers
Several GOP Senate incumbents are already staring down the threat of primary challenges next year as friction builds between the MAGA and establishment wings. Sen. John Cornyn (R-Texas), who plans ...The Hill - 3d -
GOP plows ahead with Hegseth hearing as Democrats fume
Senate Armed Services Committee Democrats are fuming as Pete Hegseth, President-elect Trump’s controversial pick to lead the Pentagon, is set to head back to Capitol Hill Tuesday for his ...The Hill - 4d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - 6d -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - 6d -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
IRS announces the start of the 2025 tax season
The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.CNBC - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - Jan. 10 -
Pennsylvania GOP Rep. Meuser considering run for governor
Rep. Dan Meuser (R-Pa.) signaled he is seriously considering challenging Pennsylvania Gov. Josh Shapiro (D) for his post in 2026. “I’m considering it,” Meuser told The Hill on Thursday. “I mean if ...The Hill - Jan. 9 -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - Jan. 9 -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - Jan. 9 -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - Jan. 8 -
Gallego goes all in on GOP's Laken Riley bill
Arizona’s newly minted Democratic senator has announced he is backing the Laken Riley Act, a bill advocates say would eliminate due process for immigrants living in the country illegally. As his ...The Hill - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
GOP senator: RFK Jr. 'wrong' on vaccinations
Sen. Bill Cassidy (R-La.), a medical doctor, said President-elect Trump’s pick for secretary of Health and Human Services, Robert F. Kennedy Jr., is “wrong” about vaccinations. In an interview on ...The Hill - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
GOP lawmaker warns of Johnson accountability for 'failures'
Rep. Scott Perry (R-Va.) raised concern with House Speaker Mike Johnson’s (R-La.) second stint as the Republican leader in the lower chamber despite his support of the incumbent on Friday. Perry ...The Hill - Jan. 4 -
GOP holdout Spartz to back Speaker Johnson
Rep. Victoria Spartz (R-Ind.), a key GOP vote who previously suggested she would not back Speaker Mike Johnson (R-La.), minutes before the vote signaled she'd back him. "I appreciate ...The Hill - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3
