President Trump and the Justice Department reached a settlement regarding the president’s $10 billion lawsuit against the Internal Revenue Service and Treasury Department, according to documents filed with the court Monday. Mr. Trump had accused the agencies of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company. The lawsuit … Read more
President Donald Trump is moving to voluntarily dismiss his $10 billion lawsuit against the IRS, according to a Monday court filing. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The president’s sons, Donald Trump Jr. and Eric Trump, as well as the Trump Organization, were the other plaintiffs … Read more
A Spanish court acquitted Shakira in a tax fraud case, ordering the government to return more than 55 million euros ($64 million) in wrongly imposed fines and interest, a court document seen Monday by The Associated Press said. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The decision … Read more
Gov. Hochul estimates 10,000 second homes in New York City will be subjected to the tax, which is 3,000 fewer than her initial estimate. Source link
Its two surtaxes aren’t indexed for inflation and hit more middle-class taxpayers each year. Source link
Democrats are trying again to undermine the Taxpayer Bill of Rights. Source link
NEWYou can now listen to Fox News articles! Capitol Hill lawmakers are clashing over President Donald Trump’s proposal to suspend the federal gas tax as prices climb past $4 a gallon amid the conflict with Iran. Democrats are urging the president to “end the war,” while Republicans are split on whether the plan would deliver … Read more
NEW YORK — As steep fuel prices strain household budgets during the war with Iran, U.S. President Donald Trump wants to suspend his government’s tax on gasoline. It’s a move Trump can’t do on his own — and the president has yet to specify how long he’d like such pause to last. But lawmakers on … Read more
RALEIGH, N.C. — Standing behind a downtown bar, Evan Duke smiled when he thought about no longer paying federal income tax on the hundreds of dollars in tips he earns on a busy night pouring beers and mixing drinks. But the 30-year-old said he cannot afford health insurance and worries about how higher costs for … Read more
Trump pushes to suspend federal gas tax as prices soar – CBS News Watch CBS News President Trump told CBS News’ Nancy Cordes that he intends to suspend the federal gas tax amid higher prices. Source link