WASHINGTON (AP) — PresidentJoe Bidenon Tuesday proposed new taxes on the rich to help fundMedicare,saying the plan would help to extend the insurance program’s solvency by 25 years and provide a degree of middle-class stability to millions of older adults. In his plan, Biden is ...
Trump’s Republican administration insists the tariffs will level the playing field between U.S. manufacturers and foreign competitors, though these new taxes would likely be paid by American consumers and businesses, either directly or in the form of higher prices. The politics...
It seems like Biden is about to wage a war against the rich. I'm really surprised to see all this coming from him, but the main question is, who is going to benefit from biden's tax plan? He wants to raise taxes in order to raise money to spend more on infrastructure. So let's...
voters said they were holding steady. Just 18% said they were getting ahead and 20% said they were falling behind with their finances. Both Donald Trump and Nikki Haley have strongly criticized President Joe Biden for his handling of the economy and said they would lower inflation ...
Tariffs are taxes paid by importers in the countries receiving the goods, so the cost could largely be passed along to U.S. consumers and businesses in the form of higher prices. In his Tuesday night speech to a joint session of Congress, Trump trie...
and that it may attempt to rescind and/or delay enforcement of regulations the Trump team deems unnecessary. While the Trump team has generally expressed less skepticism of Biden-era national security rules than those in other regulatory arenas, there is still a chance that a new team may mean...
The old saying that “the only two things we can be certain of in life are death and taxes” came to light this past weekend when the G7 nations passed a resolution to set a global corporate minimum tax rate of 15%. The G20 nations will meet in July to weigh in on their support ...
Thepassage of the Biden Administration’s climate change package, the so-called “Inflation Reduction Act,” has predictably split along partisan lines, with Republicans characterizing the bill as an act of reckless government spending, certain to raise taxes and fuel further inflation. But does this...
The new charges come in addition to federal firearms charges in Delaware alleging Hunter Biden broke a law against drug users having guns in 2018.
Bove said that prosecutors are trying to say Cohen was trying to intentionally evade taxes by disguising the reimbursement as income and gross it up to cover his tax obligations. Prosecutor Matthew Colangelo argues that the language on tax crimes should be read to the jury because the money ...