Latest in Gop Tax
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These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - 8h -
Hegseth faces growing GOP scrutiny as allegations mount
Pete Hegseth, President-elect Trump's embattled pick for Defense secretary, faced growing scrutiny from Republican senators Tuesday after a new set of revelations over the weekend involving ...The Hill - 19h -
Gabbard seen as tough lift for Trump in Senate GOP
Former Rep. Tulsi Gabbard (Hawaii) is emerging as a tough confirmation lift for President-elect Trump, even as other nominees such as Pete Hegseth, Trump’s pick for the Pentagon, run into serious ...The Hill - 8h -
GOP’s ambitious budget plan faces internal divisions
Republican senators warn incoming Senate Majority Leader John Thune’s (R-S.D.) ambitious proposal to tackle President-elect Trump’s agenda faces an array of disagreements within their party over ...The Hill - 8h -
GOP senator wants Hegseth to commit to not drinking
Sen. Kevin Cramer (R-N.D.) said that he wants President-elect Trump's pick for Defense secretary, Pete Hegseth, to stop drinking as reports mount that the former Fox News host has previously done ...The Hill - 1h -
Special counsel objects to dismissing Hunter Biden tax case after pardon
Special counsel David Weiss rejected suggestions that he selectively prosecuted Hunter Biden in court filings where he also objected to dismissing charges following a sweeping pardon. President ...The Hill - 1d -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - 23h -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...The Hill - 22h -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - 22h -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - 22h -
Judge in Hunter Biden tax case rebukes president’s claims of unfair treatment
The federal judge overseeing Hunter Biden’s tax case issued a sharp rebuke of President Biden’s claims his son was unfairly prosecuted in new court filings Tuesday night. U.S. District Judge Mark ...The Hill - 17h -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - 7h -
Judge in Hunter Biden's tax case accepts pardon despite calling it 'unconstitutional'
Two days after President Biden issued a blanket pardon to his son Hunter Biden, the younger Biden's federal gun case has been terminated by the judge overseeing the case.ABC News - 16h -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - 17m -
GOP insiders sought Hegseth's removal as leader of veterans' group in 2016
A Trump loyalist is at the center of new allegations facing Pete Hegseth, Donald Trump's pick for defense secretary.CBS News - 1d -
Senate Democrats hold leadership elections with GOP set to take control
Senate Democrats are meeting Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.CBS News - 1d -
Some GOP senators seem tepid on Hegseth nomination as allegations pile up
The concern could put another one of President-elect Donald Trump's Cabinet picks at risk of falling short of the support needed for confirmation.CBS News - 18h -
Top House GOP super PAC taps new president
Chris Winkelman, the current executive director of the House GOP campaign committee, will lead the super PAC.Politico - 9h -
Morning Report — Hegseth, Gabbard face uphill climb with Senate GOP
In today’s issue: Key nominees to President-elect Trump’s Cabinet are on shaky ground, as senators appear increasingly skeptical of their backgrounds — and aptitude to lead federal agencies. ...The Hill - 8h -
GOP lawmakers already divided over sweeping Trump policy bill
John Thune wants a two-step strategy that addresses immigration and energy first, and then taxes later. Key House Republicans aren’t on board that plan.Politico - 2h -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - 1d -
George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy | Polly Toynbee
‘Tax wealth, not work’ would be a powerful message for Starmer and Reeves – are they bold enough to pursue it?. Now he’s retired from casting millions of people into poverty, George Osborne has ...The Guardian - 1d -
My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?
“Most of those old debts are credit-card debts.”MarketWatch - 1d -
Will my loved ones have to pay tax on my pension when I die?
I’m worried about the new rules that mean my pension is subject to inheritance taxFinancial Times - 14h -
Trump FBI pick Kash Patel gets lukewarm reception from GOP senators
President-elect Trump's nomination of Kash Patel to take over as FBI director — effectively firing current FBI Director Christopher Wray, who still has three years left in his 10-year term — has ...The Hill - 1d -
Republican senators torn over FBI background checks for Trump Cabinet picks
Republicans senators returned to Washington after Thanksgiving recess to a renewed peppering of questions about President-elect Donald Trump's Cabinet picks.ABC News - 18h -
The GOP's new task: Turning Trump voters into full-fledged Republicans: From the Politics Desk
Even with their success, this election revealed a challenge for Republicans going forward: The “Trump coalition” and the “GOP coalition” are not quite the same.NBC News - 19h -
Watch live: House GOP leadership holds presser after Hunter Biden pardon
House Republican leaders will brief the press Wednesday morning, as the GOP prepares to transition to full leadership of Congress and the White House. Their presser follows President Biden's recent ...The Hill - 5h -
California Democrat flips final House seat, dealing Republicans narrow majority
With Trump picks leaving vacancies, Republicans could have a 217-215 majority -- the narrowest GOP majority in history -- when the 119th Congress convenes on Jan. 3.ABC News - 1h -
Jimmy Kimmel on GOP reaction to Hunter Biden pardon: ‘Absolutely exploding with pretend outrage’
Late-night hosts discuss Republican hypocrisy over Biden’s pardon of his son, Pete Hegseth’s scandals and Trump tariffs. Late-night hosts talk Giving Tuesday, Donald Trump ’s visit to Notre Dame ...The Guardian - 2h -
Expect one big 'thread the needle' reconciliation bill with Trump tax cuts next year: House Ways and Means Chair Jason Smith
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - 13m -
‘I’m trying not to go bankrupt’: My husband of 24 years asked for a divorce. He wants my cell-phone records. Should I report him for tax fraud?
“I would like to keep the house because my grown children and grandchildren reside there.”MarketWatch - 4h