A backlash over high prices helped Republicans capture a majority in 2024. Now, it may be the source of the party’s own undoing.
Category: Taxation
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High Prices Haunt Trump and the GOP on Eve of the Midterms
The New York Times – Business: -
How to Tax and Spend in a ‘Turbulent Time?’ U.K. Tries a Balancing Act.
The New York Times – Business:The new government, led by Andy Burnham, will deliver its first budget on Wednesday, a plan expected to tread between wide ambition and narrow financial limits.
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Republicans Cut Taxes to Win the Midterms. It May Not Work Out.
The New York Times – Business:Among the stakes in next month’s election is the long-running question of whether tax cuts can shape how people vote.
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Republicans Cut Taxes to Win the Midterms. It May Not Work Out.
The New York Times – Business:Among the stakes in next month’s election is the long-running question of whether tax cuts can shape how people vote.
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U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting
The New York Times – Business:Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.
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Whistle-Blower Says I.R.S. Leaked His Tax Records in Retaliation
The New York Times – Business:Brian J. Visalli, a veteran investigator of tax fraud, said in a lawsuit that the agency had sent his personal and tax information to federal prosecutors.
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The Hidden Policies That Power China’s Export Boom
The New York Times – Business:Huge tax breaks and a weak currency sustain exports, widen the government budget deficit and complicate the country’s efforts to rebalance its economy.
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Are Democrats Worried About the Wrong Rich People?
The New York Times – Business:As billionaires become a popular political target, a new book urges Washington not to lose sight of a much larger, and quieter, group of wealthy business owners.
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A Weary Hollywood Celebrates the Prospect of Federal Funding
The New York Times – Movies:In response to an exodus of movie and TV production, a bill is being introduced in Congress that would use tax credits to subsidize filming in the United States.
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Trump’s Promise of $5,000 Dividend Checks Follows Past Cash Pledges That Never Materialized
The New York Times – On the Runway:President Trump is again talking up the possibility that the federal government will send Americans thousands of dollars in cash.
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IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds
The New York Times – Business:The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits.