14 h. ago Trump scores major win as Senate installs IRS critic to lead the agency

Former Missouri congressman Billy Long, who once sought to abolish the IRS, was approved as commissioner aligning with Trump's vision to potentially scrap the tax agency.

Politics

36 h. ago Senate Republicans Want to Trim Some of Trump’s Tax Cuts in Domestic Policy Bill

G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the sprawling domestic agenda bill passed by the House.

Politics

37 h. ago The House’s Policy Bill Would Lose Money. Could Trump’s Tariffs Replace It?

The short answer is probably not, according to multiple forecasters.

Politics

37 h. ago Scott Bessent: Trump Tax Plan Will Stop Foreign Governments from Draining U.S. Revenues

Treasury Secretary Scott Bessent defended a key provision of the Trump administration’s One Big Beautiful Bill, saying it would stop foreign governments from siphoning hundreds of billions of dollars in tax revenue from U.S. companies. The post Scott Bessent: Trump Tax Plan Will Stop Foreign Governments from Draining U.S. Revenues appeared first on Breitbart.

Politics

43 h. ago Could California really withhold tax money from the U.S. if Trump cuts federal funds?

Could California really withhold tax money from the U.S. if Trump cuts federal funds?  CalMatters

Politics

3 d. ago Defying debt warnings, Republicans push forward on Trump tax agenda

Defying debt warnings, Republicans push forward on Trump tax agenda  Reuters

Events

3 d. ago Democrats Hate Trump’s Policy Bill, but Love Some of Its Tax Cuts

There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they make the case for enactment of their sprawling domestic legislation.

Politics

3 d. ago Trump's trade war is raising money for the government, but at whose expense?

Tariff collections are up sharply in the last 2 months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.

Politics

6 d. ago Trump's tariff strategy could pay for his tax bill, but only if they stick, experts warn

The CBO projects Trump's tariffs could reduce the deficit by $2.8 trillion while his tax bill would add $2.4 trillion, but experts from across the political spectrum question whether the tariff revenue is sustainable.

Events

6 d. ago House Budget chairman explains why there's no 'pork' in Trump tax bill after Elon Musk attacks

House Budget Chairman Jodey Arrington explained why "pork barreling" traditionally does not happen in the reconciliation process.

Politics

7 d. ago Tesla Crashes as Musk Turns Against Trump and GOP Tax Cut Bill

Musk's turn against Trump triggers a $180 billion drop in the company’s market value. The post Tesla Crashes as Musk Turns Against Trump and GOP Tax Cut Bill appeared first on Breitbart.

Events

7 d. ago Here are taxes that Trump's 'big, beautiful bill' would repeal

The One Big Beautiful Bill Act would pay for Trump’s campaign promises to make his 2017 tax cuts permanent, cut other taxes and boost spending for the border and defense.

Politics

7 d. ago I.R.S. Upheld a Biden Pledge: More Audits, but Only on the Wealthy

At the same time, the audit rate for those making under $500,000 declined slightly in 2024, fulfilling a promise by the Biden administration.

Politics

7 d. ago Blue state Republicans threaten rebellion if Senate changes key provision in Trump's 'big, beautiful bill'

SALT Republicans are ready to go to war with the Senate on the increased tax relief for high cost of living areas in President Trump's reconciliation bill.

Politics

7 d. ago Wall Street's potential winners and losers from Trump's tax bill

Wall Street's potential winners and losers from Trump's tax bill  Reuters

Politics

8 d. ago Breitbart Business Digest: Tariffs and Tax Relief—Trump's New Model for Funding the Government

President Trump's policy combination of renewed tariffs and extended tax cuts amounts to a reallocation of the tax burden away from domestic work and production and toward imported goods and global supply chains. The post Breitbart Business Digest: Tariffs and Tax Relief—Trump’s New Model for Funding the Government appeared first on Breitbart.

Politics

8 d. ago Senate weighs Trump's 'big, beautiful bill' as policy group backs CBO, projects $3 trillion debt increase

The Congressional Budget Office estimates that Trump's spending package addressing tax policy, immigration and other issues would add $3 trillion to primary deficits over 10 years.

Politics

8 d. ago Musk, hardline US Republicans ramp up attacks on Trump tax and spending bill

Musk, hardline US Republicans ramp up attacks on Trump tax and spending bill  Reuters

Politics

8 d. ago Elon Musk Says to 'Kill' Trump's Big Beautiful Bill After EV Tax Credit Conflict Exposed

Elon Musk has launched an all-out attack against Donald Trump's Big Beautiful Bill, instructing his followers in a social media post to lobby their representatives to "KILL the BILL." The post Elon Musk Says to ‘Kill’ Trump’s Big Beautiful Bill After EV Tax Credit Conflict Exposed appeared first on Breitbart.

Events

8 d. ago Congress budget office says Trump tax bill could add $2.4 trillion to US debt

Congress budget office says Trump tax bill could add $2.4 trillion to US debt  Reuters

Economics