Latest in Hit Trump Tax
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Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - Feb. 22 -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - Feb. 23 -
Progressives launch campaign against Trump, GOP tax agenda
Progressives have launched their first organized campaign against Republicans’ tax agenda, urging Democratic lawmakers and activists to fight jointly against what they say will be tax breaks for ...The Hill - 5d -
Norwegian Cruise on Trump’s call to pay U.S. taxes: It’s ‘really, really complicated’
Norwegian’s earnings show the cruise boom continued, but the outlook exposed some cracks and the stock turned lower.MarketWatch - 3d -
Trump’s proposed 'gold card' visa comes with a hidden tax break for the wealthy
President Donald Trump's proposed $5 million "gold card" for U.S. residency would be one the most expensive in the world, according to experts.CNBC - 3d -
Trump Threats and Mexico’s Crackdown Hit Mexican Cartel
Several cartel operatives said that for the first time in years, they genuinely feared arrest or death at the hands of the authorities.The New York Times - 15h -
Here are all the Trump tariffs hitting the economy in the coming weeks
The president’s announcement led to fears that he won’t just be using the threat of new tariffs as a negotiating tool, but as lasting policy.MarketWatch - 5d -
Trump administration, DOGE hit roadblocks in three court cases
One judge called the Trump administration's funding freeze "ill-conceived from the beginning."CNBC - 5d -
Tariff Tuesday: Trump Says He’ll Hit Mexico, Canada, and China With Duties
Citing the unchecked flow of fentanyl, he plans to levy a 25 percent tariff on most products from our northern and southern neighbors. China faces an additional 10 percent levy.Inc. - 3d -
Kinzinger hits Trump over clash with Zelensky: US 'not the good guys in this'
Former Rep. Adam Kinzinger (R-Ill.) hammered President Trump and Vice President Vance late Friday over their joint clash with Ukrainian President Volodymyr Zelensky at the White House. Kinzinger, ...The Hill - 1d -
From weather apps to taxes: the trickle-down effects of Trump’s federal worker firings
Gutting of workforce will have far-reaching consequences as advocates warn of playing ‘Russian roulette’ with safety. You wake up to dark clouds outside, so you check the weather on your phone: a ...The Guardian - Feb. 20 -
Trump’s Plan to Kill Social Security Benefit Tax Could Accelerate Its Insolvency
Social security is already in danger. President Trump’s plan to get rid of income taxes on the benefit won’t save it. In fact, it’ll probably do the opposite.Inc. - Feb. 20 -
IRS employee among those fired by Trump during tax season speaks out
President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on ...CBS News - Feb. 21 -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - Feb. 22 -
Trump Just Fired 6,700 I.R.S. Workers in the Middle of Tax Season. That’s a Huge Mistake.
The Trump administration’s decision to fire over 6,000 I.R.S. workers will make the government less effective and less efficient, not more.The New York Times - Feb. 24 -
Look at Donald Trump and his gang of broligarchs – and tell me we don’t need a wealth tax | Brian Cox
I played a fictional billionaire on TV. It’s time world leaders got serious about taxing the real ones. Brian Cox played Logan Roy in HBO’s Succession and is a supporter of Patriotic Millionaires ...The Guardian - 6d -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - 4d -
Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...CBS News - 4d -
Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
WASHINGTON — Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending President Donald Trump’s multitrillion-dollar tax cuts in ...NBC News - 2d -
Warren Buffett calls Trump's tariffs a tax on goods, says 'the Tooth Fairy doesn't pay 'em'
"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.CNBC - 16h -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 5d -
House Republicans hit the brakes on town halls after blowback over Trump's cuts
House Republicans are becoming wary of in-person town hall meetings after some lawmakers have faced hometown crowds angry about the Trump administration’s cuts.NBC News - 5d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 2d -
President Trump proposes pardon for Pete Rose, but what does that mean for late banned baseball hits king?
It is unclear what a potential pardon would cover because Rose, who died last October, has not been convicted of a crimeCBS Sports - 1d -
When to hire a tax attorney
There are a number of instances in which hiring a tax attorney makes more sense than the alternatives.CBS News - 5d -
Businesses Are Betting on a Tax Cut Extension
The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.The New York Times - Feb. 22 -
NOAA hit with layoffs
{beacon} Energy & Environment Energy & Environment The Big Story Hundreds let go from NOAA The National Oceanic and Atmospheric Administration began the process of firing hundreds of ...The Hill - 3d -
It’s time for Americans to withhold their taxes | Judith Levine
The point is not to deprive the government of funds. It’s to expose the regime’s criminality. Political power boils down to two things: votes and money. But when money buys presidents, senators and ...The Guardian - Feb. 20 -
Companies are unprepared for new tax trade-off in 2025
As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...The Hill - 6d -
Can you dispute your tax bill with the IRS?
Receiving an unexpected tax bill from the IRS doesn't mean you're automatically obligated to pay it.CBS News - 6d -
Technology is speeding up tax season, but not the audit process
Politicians on both sides of the political aisles should relish giving their constituents a much-deserved psychological rest after completing their tax-return filing duties.The Hill - 5d -
How much does tax relief cost (and is it worth it)?
If you owe money to the IRS, tax relief could be worth considering, but there are extra costs that come with it.CBS News - 4d -
5 obstacles facing the GOP tax agenda
The House voted Tuesday to pass a budget resolution that will act as the blueprint for the GOP’s domestic agenda, with the extension of President Trump's 2017 tax cuts at the center. While the bill ...The Hill - 3d -
Did a Rock Hit Your Windshield, or Did Your Windshield Hit a Rock?
Either way, it sucks. But at least there’s some fun physics to ponder while you’re sitting in the repair shop.Wired - Feb. 21 -
Accessibility Is Taking a Hit Across the Sciences
Confusion has ensued about the future of programs and research supporting people with disabilities as a result of President Trump’s executive order.The New York Times - Feb. 22 -
Will the price of gold hit $3,000 this March?
The price of gold is teetering near the $3,000 mark. Here's how it could break that record this March.CBS News - 6d -
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The Hit-and-Run Homicide of Davis McClendon
A romance is cut short when a man is found dead near his mangled car. His newfound love is convinced it was no accident. "48 Hours" correspondent Anne-Marie Green reports.CBS News - 1d