Many economists have successfully challenged the idea that budget deficits lead to higher trade deficits. The post Breitbart Business Digest: Trump’s Tax Cuts Won’t Drive Up the Trade Deficit appeared first on Breitbart. Politics
The charitable tax deduction is distorting American philanthropy. Economics
Since he announced his intention to impose a 100% tariff on movies made outside of the United States, President Trump has hedged, saying he's open to meeting with industry leaders. Politics
California Governor Gavin Newsom (D) reacted Monday evening to President Donald Trump's proposed 100% tariff on movies made outside the U.S. by proposing a $7.5 billion tax credit for the industry instead. The post Newsom Panics over Trump Hollywood Tariff; Asks for Tax Credits Instead appeared first on Breitbart. Politics
The vast majority of likely U.S. voters want President Donald Trump's 2017 tax cuts extended, a recent Public Opinion Strategies survey found. The post Poll: Vast Majority of Likely Voters Want Trump Tax Cuts Extended appeared first on Breitbart. Politics
Gov. Kathy Hochul of New York has proposed an increase in the film tax credit to stay competitive with New Jersey and other states. Economics
The U.S. will start collecting import fees on small packages from China, much of which comes from Chinese e-commerce sites. Consumers are panicking. Politics
Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of […] Economics
President Donald Trump said Sunday that his tariff policy will substantially reduce, even “completely eliminate,” income taxes for some American workers. The post President Trump: Tariffs Will Lead to Income Tax Relief, Even Elimination appeared first on Breitbart. Politics
GeTtin’ SALTy Episode 51 | Overview of Washington’s 2025 Legislative Session: Tax Policy Challenges and Business Impacts [Podcast] NatLawReview.com Economics
A presidential effort to revoke Harvard University's tax-exempt status could run up against a number of challenges, including violating federal law. Politics
The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might be eligible for a tax break. Events
IRS Extends 2025 Tax Deadline in At Least 9 States. See the List TODAY.com Events
The agreement is a major departure from the Internal Revenue Service’s previous stance encouraging migrants to file their taxes. Events
President Trump is reversing the Biden plan to increase tax revenue through more enforcement. Politics
The Biden plan to increase tax revenue through more enforcement is being reversed. Politics