Where tax policy meets politics — legislation, elections, and the debates in Washington that decide how (and how much) you’re taxed.
President Trump released his budget blueprint this week. The proposal calls for increases in military spending and immigration enforcement (including billions for the wall) while slashing budgets for other agencies, including the State Department and, of course, the Internal Revenue Service (IRS).
On Tuesday, the White House introduced the American Health Care Act to the American people. Buried in the plan were ten pages focusing on limiting the rights of lottery winners to claim Medicaid.
The GOP has finally shown their hand on what that repeal and replacement of Obamacare might look like. Here’s a quick summary.
It’s our live coverage of President Trump’s address to a joint session of Congress.
This week, Democrats in the House Ways and Means Committee debate a measure that would have allowed the committee to obtain the President’s tax returns.
Last month, President Trump signed an executive order rolling back certain aspects of the Affordable Care Act (ACA). Now, the IRS appears to be easing off of enforcing the individual mandate.
The White House petition calling for the release of President Trump’s tax returns is still active, having garnered more than 750k signatures.
Confirmation hearings took a dramatic turn this week with the historic rebuke of Senator Elizabeth Warren (D-MA) from Senate Majority Leader Mitch McConnell (R-KY) during the confirmation hearing for Senator Jeff Sessions (R-AL) for Attorney General.
A petition calling for the release of President Trump’s tax returns posted to the White House’s “We the People” petition website is still garnering interest. The petition, which was created on January 20, asks the White House to “immediately release Donald Trump’s full tax returns.”
“Mucho sad.” That was the response from Sen. Lindsey Graham (R-SC) to a proposal from the Trump administration suggesting that a wall between the United States and Mexico might be paid for by a border tax.