Latest in Pharma Tax Trump
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Ireland could lose pharma tax to US after Trump accusations, experts warn
Predictions that US firms could retain manufacturing plants in Ireland but move profits back to America. US pharmaceutical companies based in Ireland are more likely to shift profits back to the US ...The Guardian - 1d -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - 1d -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - 22h -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - 3d -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - 1d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 3d -
Statement of Purdue Pharma to 60 Minutes
Purdue Pharma provided the following statement for 60 Minutes' report Sunday, "The Settlement."CBS News - 4d -
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have “significantly” underpaid Medicare and Social Security taxes.NBC News - 22h -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 21h -
Gavin Newsom’s Podcast Hosts Steve Bannon, Covering Musk, Trump and Taxes
The California governor hosted one of the architects of President Trump’s political movement on his new podcast, and their friendly sparring revealed a few points of agreement.The New York Times - 2d -
‘Be careful about this’: Warnings abound as GOP considers writing off tax cuts
Republicans will discuss the accounting maneuver with President Donald Trump on Thursday.Politico - 1d -
3/9/2025: Firing the Watchdogs; The Settlement; A Method to this Madness
First, a report on the significance of President Trump firing independent government watchdogs. Then, a look inside the Purdue Pharma bankruptcy case. And, Dan Hurley: The 60 Minutes Interview.CBS News - 4d -
Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.CNBC - 2d -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 19h -
Carney ready to talk trade with Trump if 'there's respect for Canada's sovereignty'
Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.BBC News - 1d -
Beware America’s fake fiscal conservatives
Republicans are indulging in budgetary chicanery in order to preserve Trump’s tax cutsFinancial Times - 1d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 2d -
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - 6d -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - 3d -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 2d -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - 2d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 5d -
Trump threatens to put 200% tariff on French Champagne and other EU spirits
The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.CNBC - 20h -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - 2d -
Trump threatens Europe with 200 percent tariff on wine, Champagne
President Trump on Thursday threatened to put a hefty 200 percent tariff on wine and Champagne coming in from Europe if the European Union (EU) does not remove a tariff on whisky. “The European ...The Hill - 1d -
Farmers sue Trump administration over halted IRA grants
Farmers and environmental groups are suing the Trump administration over its decision to pause grants that are part of the Democrats’ climate, tax and health care law. They are challenging the ...The Hill - 20h -
Irish, undocumented, and unsure of their future in Trump's America
They run businesses. They tend bars. They pay taxes. But still they live in fear. There are thousands of undocumented Irish immigrants in America today, and some of them shared their stories.CBS News - 2d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 2d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 3d -
5 smart tax moves seniors should make before April 15
Seniors who want to ease the stress and expenses that come with tax season should make these moves now.CBS News - 22h -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 2d -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - 4d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 2d -
Trump’s Tariff Threat Sends French Wine and Champagne Makers Reeling
Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.The New York Times - 21h -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - 2d -
Digested week: Just enjoy Tesla shares tumbling as Trump crashes the markets | Emma Brockes
The Elon Musk backlash, boos for JD Vance, Meghan naming protocol, a wombat botherer and – OMG! – buying kittens. To the people who parked their consciences and voted for Donald Trump because they ...The Guardian - 4h -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 4d -
Military families have special tax breaks — but the rules can be tricky, experts say
Many members of the U.S. military qualify for special tax breaks that aren't available to other Americans. Here's what to know about eligibility.CNBC - 2h