Where tax policy meets politics — legislation, elections, and the debates in Washington that decide how (and how much) you’re taxed.
This week, President Trump proposed sweeping changes to the Tax Code. Despite the broad and ambitious scope of the proposal, it was short on details. Here are some of the likely winners and losers under the plan.
Was the 2017 tax season somehow bigger than in years past? Treasury Secretary Mnuchin sure seemed to give that impression today. Here’s what the numbers say.
Declaring that the “Federal tax system should be simple, fair, efficient, and pro-growth,” President Donald Trump signed a new executive order focused on rolling back a number of tax regulations established by former President Barack Obama.
Are we really headed towards a government shutdown? As Congress and the White House grapple with the next steps, here’s what you need to know.
Can IRS Commissioner Koskinen peek at President Trump’s tax returns? Can he peek at yours? Here’s what you need to know about how the IRS protects your taxpayer data from unauthorized access.
In November, President Trump confirmed that he would refuse a presidential salary. This week, White House Press Secretary Sean Spicer announced that the President was donating his first quarter salary to the National Parks Service (NPS).
Most taxpayers don’t agree with Trump’s tax proposal. Those are results from a survey from the University of Maryland’s Program for Public Consultation (PPC).
The House has pulled the vote on the American Health Care Act, or “Trumpcare” after it became clear the bill did not have enough support to pass.
The GOP has delayed a vote on the health care bill intended to repeal and replace Obamacare. The American Healthcare Act (dubbed “Trumpcare”) did not have the necessary votes to pass the House.
The GOP’s plan to repeal and replace Obamacare has been met with criticism, so in an effort to win votes, Congress went back to work. The new proposal has a number of changes that could affect taxpayers.