Politics Sep 03 Podcasters and influencers covered under Trump’s ‘no tax on tips’ plan The Treasury Department has released a preliminary list of jobs exempt from income tax on tips, including food service, concierge, and salon workers.
Economy Aug 21 The U.S. and EU release a bare-bones account of their trade deal, but it’s a work in progress Officials have left blank key areas such as wine and spirits as well as steel. And they've indicated that talks will continue on those and a slew of other important sectors.
Politics Aug 14 Social Security has existed for 90 years. It may be more threatened now than ever President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago this week, aiming to provide economic stability for older Americans.
Politics Aug 08 Trump removes Billy Long as IRS commisioner less than 2 months after Senate confirmation The Senate confirmed Long on a 53-44 vote despite Democrats’ concerns about the Republican’s past work for a firm that pitched a fraud-ridden coronavirus pandemic-era tax break and about campaign contributions he received after Trump nominated him.
Politics Aug 06 Trump to put additional 25% import taxes on India, bringing combined tariffs to 50% The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.
Politics Aug 05 What we know about Trump’s Fed chair candidates so far President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as he considers a successor to Jerome Powell — a choice that could reset the path of the U.S. economy.
Politics Jul 02 Trump says the Republican mega bill will eliminate taxes on Social Security. It does not At best, Trump's "no tax on Social Security" claim exaggerates the benefits to seniors if either the House or Senate-passed proposals is signed into law.
Politics Jun 25 Watchdog warns Trump’s budget bill could complicate 2026 tax filing season after IRS staffing cuts The National Taxpayer Advocate report notes that the IRS historically receives more calls after significant changes in tax law, so it may need additional employees and improved digital tools to maintain its level of service if Trump's legislative package passes…
Politics Jun 12 WATCH: Bessent appears before House committee as Congress considers Trump’s tax bill Treasury Secretary Scott Bessent and other Republicans say that the U.S. could head toward economic catastrophe if the measure is not passed.
Nation May 22 U.S. Mint moves ahead with plans to kill the penny WASHINGTON (AP) — The Trump administration says making cents doesn’t make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed…