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Alan Rappeport
Posts
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Biden Budget Lays Out Battle Lines Against Trump
President Biden and former President Donald J. Trump offer vastly different policy paths on almost every aspect of the economy.
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Biden’s Budget Calls for Tax Increases on Corporations and the Wealthy
The budget, which would cut the deficit by $3 trillion over the next decade, reinforces Biden’s efforts to counter Republican tax proposals that Democrats deride...
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Biden Portrays Next Phase of Economic Agenda as Middle-Class Lifeline
The president used his State of the Union speech to pitch tax increases for the rich, along with plans to cut costs and protect consumers.
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Divisions Among Finance Ministers Flare Over Seizing Russian Assets
France’s finance minister, Bruno LeMaire, said there was no legal rationale for giving the Russian central bank funds to Ukraine.
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Yellen Urges Israel to Restore Economic Ties to West Bank
The Treasury secretary said she called on Prime Minister Benjamin Netanyahu of Israel to reduce barriers to commerce for Palestinians.
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U.S. Imposes Major New Sanctions on Russia, Targeting Finance and Defense
The Biden administration, responding to the death of Aleksei A. Navalny, unveiled its largest sanctions package to date as the war in Ukraine enters its...
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U.S. to Impose Sanctions on More Than 500 Russian Targets
A package of economic restrictions to be announced on Friday will be the largest since Russia invaded Ukraine two years ago.
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I.R.S. to Crack Down on Corporate Jet Users Who Abuse Tax Code
The tax collection agency’s scrutiny will involve new data analytics tools to find private jet owners who claim millions of dollars in deductions on planes...
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I.R.S. Commissioner Warns Budget Cuts Would Add to Deficit
Daniel Werfel, the Internal Revenue Service commissioner, pushed back against claims from Republicans that he had not been following the law.
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I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts
Daniel Werfel will try to persuade skeptical Republicans on Thursday that funding the tax agency is a good investment.