Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
Category: House Committee on Ways and Means
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Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
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What’s in the New Tax Deal?
Budget watchdogs warn that temporary changes to the tax code that are being debated on Capitol Hill will lead to more deficits in the long run.
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Lawmakers Challenge Ford and Chinese Battery Partner Over Forced Labor
Republicans are raising fresh concerns about CATL, the battery maker Ford is working with to bring new technology to the U.S., and its connections to Xinjiang.
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Trump Tax Returns Undermine His Image as a Successful Entrepreneur
The New York Times – Business:The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.
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Trump Tax Returns Released by House Democrats
The New York Times – Business:The publication of former President Donald J. Trump’s private tax documents comes amid questions about why the I.R.S. failed to fully audit him during his presidency.
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Trump’s Tax Audit Shows Depths of IRS Funding Woes
The New York Times – Business:The agency lacks the resources to go after rich taxpayers. For years, a single revenue agent was responsible for the audits of Donald J. Trump.
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I.R.S. Routinely Audited Obama and Biden, Raising Questions Over Delays for Trump
The New York Times – Business:The revelation that the agency had not audited Donald J. Trump during his first two years in office despite a mandatory presidential audit program raised concerns about potential politicization.
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Release of Trump Tax Returns Could Herald New Era for Taxpayer Privacy
The New York Times – Business:Revealing private documents risks a tit for tat with Republicans set to retake control of the House of Representatives.