Federal Tax News

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Wed, May 27, 2026:

• Former Judges Urge Inquiry Into Deal Trump Struck With I.R.S. The motion was particularly significant because it asked the judge overseeing the initial suit against the I.R.S. to examine the terms of the deal. - NYT

Fri, May 22, 2026:

• Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system - AP

Wed, May 20, 2026:

• Tax world gawks at Trump audit agreement: ‘Never seen anything like this’

  A DOJ agreement ending any current IRS audits of the president, his family or his businesses stuns tax practitioners and could reignite Democratic lawmakers’ pursuit of Trump’s tax returns. - Politico

Tues, May 19, 2026:

• Acting Attorney General Todd Blanche signed an agreement Tuesday declaring the federal government will not seek any sort of audit or payment from the president, his family members and companies on pending tax claims as part of Donald Trump’s settlement agreement with the IRS. In a sweeping one-page addendum to Monday’s settlement agreement establishing a nearly $1.8 billion “anti-weaponization” fund, Blanche agreed that the U.S. is “FOREVER BARRED and PRECLUDED from prosecuting or pursuing, any and all claims,” including “monetary relief,” that “have been or could have been” asserted by the IRS against Trump, his family or his businesses.

  The addendum comes a day after the Justice Department announced that Trump and his co-plaintiffs would drop their $10 billion suit against the IRS and the Treasury Department over leaked tax returns, as well as claims involving the 2022 search of Mar-a-Lago, his Florida home, and the Russian collusion scandal “in exchange” for creating the fund, which the Justice Department said set up a “systematic process to hear and redress claims of others who suffered weaponization and lawfare.” - NBC

• The I.R.S. Thought It Could Fight Trump’s Lawsuit, but It Struck a Deal Anyway - NYT

Wed, April 15, 2026:

• Tax Refunds Are Up, But Many Americans Aren’t Feeling It - Bloomberg

Tues, April 14, 2026

• Immigrants Are Scared to File Taxes. It Could Cost the U.S. Billions.

  Fears that the I.R.S. could share their data with ICE have turned tax season into a gamble for people who are in the country illegally. - NYT

• Trump Wants You to Cheat on Your Taxes - TNR

Mon, April 13, 2026:

• Americans have a new view on taxes: “The IRS isn’t going to catch me.” The tax office has shed thousands of enforcement workers since Trump returned to office, and his fiscal 2027 budget proposal seeks further cuts amid the administration’s broader pullback of white-collar law enforcement. Ahead of the April 15 deadline for filing tax returns, lawyers say they see more taxpayers and tax-shelter promoters eager to cut corners or cheat. - WSJ

  • TrillionsWeekly: The lowest hanging fruit in cutting burgeoning deficits is to close the “tax gap”—the hundreds of billions lost to tax cheating. Unfortunately, Trump Administration cuts to IRS enforcement is widening the tax gap.

• Trump’s auto-loan interest tax break off to sluggish start. The new deduction, created as part of the GOP’s 2025 tax overhaul, is laden with rules that exclude most car owners and has failed to excite the auto industry. - Politico

Sun, April 12, 2026:

• America’s New Tax Mantra: ‘The IRS Isn’t Going to Catch Me’. The battered Internal Revenue Service shed thousands of enforcement employees—and more taxpayers appear eager to cheat. - WSJ

Fri, April 10, 2026:

• A Weakened IRS Has Significant Consequences… The IRS reductions from funding and layoffs have likely resulted in about $861 billion in decreased revenue. - Yale Budget Law

Thurs, March 26, 2026:

• Eight key charts on tax breaks: the cost of tax breaks was greater than the size of the deficit in 2025 - PGPF

Mon, March 16, 2026:
Republicans have succeeded in driving up tax refunds this year, by making the new deductions from last year’s megabill on tipped income, overtime pay and new car loan interest… retroactive to the beginning of 2025. - Politico

Mon, March 9, 2026:
A group of eight House Republicans nudged Treasury Secretary Scott Bessent to use his authority to index capital gains to inflation late last week, echoing the case that Sens. Ted Cruz (R-Texas) and Tim Scott (R-S.C.) had made a couple days prior. - Politico

Tues, March 3, 2026:
Ted Cruz asks Treasury to approve $200 billion tax cut without Congress. Cruz and Sen. Tim Scott are pushing for a big change in tax policy ahead of the 2026 midterms. - WP

Tues, Feb 24, 2026:
The bipartisan budget deal rewards tax cheats and sets up the IRS to fail - Tax Law Center

Mon, Feb 16, 2026:
A federal court ruled that tax-filing and payment deadlines were paused from Jan. 20, 2020, to July 10, 2023, due to disaster rules. - WSJ

Fri, Feb 13, 2026:
White House proposes new taxes to boost US shipbuilding. Plan includes fees on foreign-built commercial vessels, tax on imports at land ports of entry - Roll Call

Thurs, Feb 12, 2026:
A consumption tax on Americans is brewing. Tariffs are the dry run. When staggering entitlement costs finally come due, a desperate need for more revenue will kick in. - WP
Senate votes to overturn DC tax decoupling, as locals push back. City officials warn of disruptions to tax season and question Republicans’ timing. Roll Call
States Say No Thanks to Trump Tax Cuts, Drawing Republican Fire. State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes. - NYT

Wed, Feb 11, 2026:
IRS improperly disclosed confidential immigrant tax data to DHS - WP

Mon, Feb 9, 2026:
Amazon racked up a lot more in profits last year, almost $90 billion worth in fact. That’s a jump of 45 percent from the year before, even as the online shopping titan’s tax bill went in the other direction. Amazon only paid around $1.2 billion in taxes in 2025, down from around $9 billion the prior year. - Politico

Fri, Feb 6, 2026:
Trump’s Tax Cut Law reduced Amazon’s tax bill 87 percent. - Politico

Thurs, Jan 29, 2026:
Trump Sues I.R.S. Over Tax Data Leak, Demanding $10 Billion - NYT
The president charged that the I.R.S. and the Treasury Department had failed to prevent a former I.R.S. contractor from gaining access to documents shared with news outlets.
Trump sues IRS for $10 billion - AP
In 2024, former IRS contractor Charles Edward Littlejohn of Washington, D.C. — who worked for Booz Allen Hamilton, a defense and national security tech firm — was sentenced to five years in prison after pleading guilty to leaking tax information about Trump and others to news outlets.

Wed, Jan 28, 2026:
Among the reasons the 2025 filing season went well was that the IRS had its largest workforce in many years and faced no major tax law changes that required implementation during the filing season. Entering 2026, the landscape is markedly different. The IRS is simultaneously confronting a reduction of 27% of its workforce, leadership turnover, and the implementation of extensive and complex tax law changes mandated by the OBBB Act, many of which apply retroactively and require significant IRS programming, guidance, changes to tax forms and instructions, and taxpayer education. - National Taxpayer Advocate Report to Congress

Mon, Jan 26, 2026:
Trump’s High-Stakes Bid to Dole Out $100 Billion More in Tax Refunds. The Republican strategy puts pressure on a shrunken IRS to get cash out quickly—and bets on taxpayers to return the favor in midterm elections this fall - WSJ
The U.S. Treasury Department has cut its contracts with Booz Allen Hamilton, after a former contractor who worked for the firm was charged and subsequently imprisoned for leaking tax information to news outlets about thousands of the country’s wealthiest people, including President Donald Trump. - AP

Tues, Jan 20, 2026:
Administration acts to boost tax refunds with elections looming - Politico
Trump’s IRS chief reorganizes tax agency days before filing season - WP

Fri, Jan 16, 2026:
Tax changes for seniors - Hill

Mon, Jan 5, 2026:

• US-based multinational companies will be exempt from global tax deal - AP

• Revisions to the global minimum tax will include a carve out for American multinationals. The OECD agreement caps months of negotiations over how minimum tax requirements would apply to American companies. - Politico

• President signed HR 1491 aimed at giving flexibility to taxpayers dealing with natural disasters - Politico

Wed, Dec 31, 2025:
Treasury, IRS provide guidance on the new deduction for car loan interest - IRS

Fri, Dec 19, 2025:
Mitt Romney: Tax the Rich, Like Me - NYT / Mitt Romney

Wed, Dec 17, 2025:
IRS Takes a New Shot at Meta’s Foreign Tax Strategy. U.S. government seeks $16 billion as it alters approach in long-running court fight - WSJ

Mon, Dec. 15, 2025:
Don’t call it a tax hike? Trump’s demand for a cut of Nvidia’s China profits raises novel questions. Some lawmakers say Trump is intruding on congressional authority or may be breaking the law by demanding a price for the chip maker’s access to China sales. - Politico

Fri, Dec 12, 2025:
Big Businesses Are Cashing In on Trump’s Tax Cuts - NYT

Fri, Dec 5, 2025:
Who Will Benefit From the New ‘Trump Accounts’ for Kids? - Intellingencer

Wed, Dec 3, 2025:
Momentum builds for bigger capital gains tax break on home sales. Bill would implement annual adjustment for inflation moving forward. - Roll Call

Tues, Dec 2, 2025:
Corporations to claim $16B from retroactive GOP tax break, federal report says. The Republican tax law restored a tax break that gives companies the full benefit of business deductions right away, rather than over time. - WP

Fri, Nov 14, 2025:
Nevada Dems, GOP battle over ‘no-tax-on-tips’ - Politico

Thurs, Nov 13, 2025:
Here Are the New Contribution Limits for 401(k)s, IRAs in 2026. New rules also affect catch-up contributions, go into effect Jan. 1 - WSJ

Wed, Nov 5, 2025:
IRS Direct File won’t be available next year. Here’s what that means for taxpayers - AP

Thurs, Oct 30, 2025:
ICE made expansive request for taxpayer data amid IRS pushback. New court filings reveal previously undisclosed details of officials’ discussions over controversial information-sharing. - Politico

Fri, Oct 17, 2025:
U.S. Stakes Taxpayer Money on Big Argentina Bet. Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States. - NYT

Thurs, Oct 9, 2025:
IRS announces new federal income tax brackets for 2026 - CNBC

Mon, Oct 6, 2025:
Social Security Administrator Frank Bisignano is named to the newly created position of IRS CEO - AP

Wed, Oct 1, 2025:
Treasury’s Inspector General said while the 2025 tax filing was successful with several key improvements, the IRS watchdog has concerns about how DOGE cuts earlier this year will impact the 2026 Filing Season. “Key IRS functions responsible for managing the filing season have lost 17 to 19 percent of their workforce” as a result of the cuts, the report released Wednesday states. - AP

Sun, Sept 28, 2025:
In a letter to the Joint Committee on Taxation, Sen. Elizabeth Warren (D-MA) criticized a retroactive depreciation rule in OBBBA as “a massive corporate giveaway.”

Thurs, Sept 25, 2025:
A tax break for corporate research and development investments is hitting a roadblock due to a minimum tax set by Congress three years ago under Biden. Companies can deduct the full cost of domestic R&D in one year, but claiming previously delayed R&D deductions all at once would trigger the corporate alternative minimum tax. Business interest groups and GOP lawmakers are pressing for a workaround, either through new legislation or a reinterpretation of existing law by Trump’s Treasury Department. - Bloomberg

Wed, Sept 24, 2025:
Trump’s tax break on tips has a catch. Here’s what to know. This new deduction won’t solve America’s tipping problem — and could get messy for taxpayers to compute - WP

Wed, Sept 10, 2025:
Penn Wharton estimates that the COVID-era Employee Retention Credit (ERC) will have cost more than $300 billion when the IRS finishes processing claims later in 2025, nearly four times the initial projected cost. Most of the ERC was paid retroactively, well after pandemic-related economic disruptions had ended, limiting its effectiveness as a worker retention incentive. - PWBM

Fri, Aug 8, 2025:
College endowment tax is leading to hiring freezes and could mean cuts in financial aid - AP

Thurs, Aug 7, 2025:
IRS won’t lower withholding this year to reflect Trump tax cuts (in order to boost refunds close to the 2026 midterm elections) - Bloomberg

Thurs, July 17, 2025:
GOP Reshapes Opportunity Zones to Target Trump Country. New tax-and-spending law expands benefits for investments in sparsely populated regions - WSJ
Congress has expanded a tax break, known as the qualified small business stock exclusion, that allows investors and founders to skip out on paying taxes when they cash out their shares in start-ups. - NYT

Tues, July 15, 2025:
Americans’ New Tax Rates Depend on Who They Are and What They Do - Bloomberg

Mon, July 14, 2025:
He Helped Big Companies Dodge Taxes. Now He’s Writing the Rules. Ken Kies, a longtime tax lobbyist who worked for some of the world’s largest businesses, is now running the Treasury Department’s office that will administer Trump’s tax law. - NYT

Fri, July 4, 2025:
How Republicans Re-engineered the Tax Code. The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises. - NYT

Fri, June 20, 2025:
CTC Reform Could Help Millions Of Low-Income Children With Minimal Effect On Employment - TPC

Wed, May 21, 2025:
Why ending taxes on tips could backfire - WP
Tax Policy Center Analysis: The lowest-income 20 percent of households, those making about $35,000 or less, would get a tax cut of less than 1 percent, or about $160 on average. Including the loss of some Affordable Care Act health insurance premium subsidies, their tax cut would fall to only about $60. Those making less than $20,000 would pay $40 more in taxes after losing their premium tax subsidies.... By contrast, households making between $460,000 and $1.1 million (the top 95th to 99th percent of income) would be the biggest beneficiaries. The bill would cut their taxes by an average of nearly $21,000, or 4.3 percent of their after-tax income. In dollar terms, the biggest winners would be the top 0.1 percent of households, those making more than $5 million annually. Their taxes would decline by an average of almost $300,000, or about 3.3 percent of their after-tax income.

Tues, May 20, 2025:
Senate unanimously approves bill to eliminate tax on tips - The Hill
Trump’s Pick to Lead I.R.S. Promoted a Nonexistent Tax Credit. Billy Long’s effort to promote the credit, along with his advocacy of a fraud-ridden pandemic-era tax break, was scrutinized during his Senate confirmation hearing. - NYT

Mon, May 19, 2025:
Johnson to meet with SALT Republicans. The blue-state members are awaiting a new offer. - Politico

Fri, May 16, 2025:
Coastal Republicans express anger at leaders who won’t help them with SALT deductions. - Politico

Mon, May 12, 2025:
W&M releases Revised Chairman’s mark
House GOP unleashes sweeping tax legislation; GOP leaders hope to move it through the entire House by Memorial Day, and forward it on to the Senate for approval. Republicans aim to get it to Trump’s desk by their Fourth of July recess. - Politico
House GOP lays down marker to triple cap on state, local tax deduction, add income limit - Politico

Sat, May 10, 2025:
Wall Street Journal summary of Chairman’s mark - WSJ
GOP Tax Bill Seeks to Put Cash in Taxpayers’ Pockets in Early 2026 - WSJ

Fri, May 9, 2025:
W&M releases partial tax bill text
JCT releases preliminary description of Chairman’s mark
Republicans eye major expansion of college endowment tax; The tiered plan would raise revenue to help the GOP fund tax cuts for individuals and coincides with President Donald Trump’s attacks on numerous colleges and universities. - Politico
GOP trims Trump’s sails after spending cuts falter; On the chopping block could be a litany of Trump demands, including a permanent extension of the tax cuts passed during his first term. - Politico

Thurs, May 8, 2025:
Trump tells Congress to raise taxes on the rich in ‘big, beautiful bill’ - WP
Trump pushed Speaker Johnson Wednesday to raise taxes on the wealthiest Americans and close the carried interest loophole for private equity managers - Punchbowl
W&M looking at raising SALT cap to 30% - Punchbowl

Wed, May 7, 2025:
GOP may scale back tax cuts to $4.0 trillion - Politico
Some tax cuts might be time limited to cut costs - Politico

Tues, May 6, 2025:
W&M Chair says SALT advocates have to compromise - Bloomberg

Mon, May 5, 2025:
W&M Republicans meeting 5/6 and 5/8 to iron out package; and meeting with Treasury 5/7 - Politico

Fri, May 2, 2025:
GOP haggles over green tax credits - Politico

Thurs, May 1, 2025:
Corporate SALT cap unlikely; repealing clean energy credits could raise $400 b in revenues; letter from 38 House Republicans demands full repeal of IRA clean energy credits - Punchbowl
26 House GOP Members released a letter to keep tax incentives for nuclear - Politico

Tues, April 29, 2025:
Analysis from Tax Notes

Fri, April 25, 2025:
Higher taxes on millionaires? Trump says he’s open, but many in his party are not - AP

Thursday, April 24, 2025:
Trump slams door on higher tax rate for the rich. - NYMag

Wed, April 23, 2025:
President Donald Trump and House Speaker Mike Johnson on Wednesday came out against a tax hike on the wealthiest Americans — likely putting the nail in the coffin of the idea. Trump told reporters in the Oval Office that he thought the idea would be “very disruptive” because it would prompt wealthy people to leave the country. - Politico

Tues, April 22, 2025:
Trump’s inner circle weighs push for higher taxes on millionaires; The vice president and budget director are internally seen as open to the idea, but conservatives warn of ‘Bernie Sanders economics.’ - WP

Thurs, April 17, 2025:
Why the SALT Deduction Is Key to Trump’s Tax Bill - Bloomberg

Wed, April 16, 2025:
This Tax Season, an IRS in Crisis. Core Tasks Neglected Amidst Leadership Vacuum - Substack
Trump administration asks IRS to revoke Harvard’s tax-exempt status. - WP

Tues, April 15, 2025:
Millionaire Tax Hike Gains Steam as Trump Signals Openness - Bloomberg
“The discussions about a new tax bracket for millionaires come as Republicans are looking for ways to pay for a sweeping tax bill by the end of 2025 when several of Trump’s first-term cuts expire. The current top tax rate is 37% for individuals earning more than $626,350 a year. The higher rates on top earners could be a way to offset the cost of an expanded state and local tax deduction, a popular and politically important tax break for swing district Republicans”
Tax Deadline Day Comes With IRS Enforcement Shrinking - Bloomberg
More Than 20,000 I.R.S. Employees Offer to Resign; The I.R.S. had about 100,000 employees before President Trump took office. Between resignations and layoffs, the I.R.S. is on track to lose about a third of its staff this year. - NYT
IRS faces mass exodus of workers - Politico
Trump is creating chaos with taxes, too. Gutting the Internal Revenue Service enables more people to cheat the system. - WP
Expanding the federal child tax credit has some Republican support. - CT Mirror

Mon, April 14, 2025:
From Politico - major issues for the tax committees to resolve in the budget reconciliation deliberations:

• How high do Republicans need to hike the $10,000 SALT cap to appease their blue-state members?

• Might Republicans seek to further expand the Child Tax Credit this year, which could help stave off criticisms that their tax cuts will largely benefit the better off?

• What budget baseline to use.

• Beyond extending the TCJA provisions, Republicans also want to pass Trump’s idea to scrap taxes on tipped income, overtime pay and Social Security benefits.

• They’ve also shown interest in bringing back key incentives for businesses, like immediate deductions for research costs and full expensing for capital investments.

Fri, April 11, 2025:
Will Republicans Hike Tax on Millionaires to Extend Trump’s Tax Cuts? - Bloomberg

Thurs, April 10, 2025:
CBO analyzed the effects of an alternative budget scenario in which certain provisions of the 2017 tax act were extended permanently and revenues were reduced by additional amounts. - CBO

Tues, April 8. 2025:
Acting IRS chief to resign over deal to share taxpayers’ private data with immigration officials - WP
“Acting IRS commissioner Melanie Krause clashed with Treasury officials over taxpayer privacy concerns, according to two people familiar with the situation. Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi L. Noem this week signed an agreement allowing the practice, which IRS lawyers said probably violates privacy laws.”

Fri, April 4, 2025:
IRS will cut 25% of its employees, eliminating its civil rights office; The tax agency began telling employees about the coming reduction in emails sent Friday. - WP

Thurs, April 3, 2025:
Nonpartisan revenue estimators at Congress’s Joint Committee on Taxation estimate that extension of tax cuts, without offsets and including interest payments, would cost $5.5 trillion over 10 years. JCT

Tues, April 1, 2025:
Republicans Eye $25,000 SALT Cap as Trump’s Tax Cuts Take Shape - Bloomberg

Wed, March 26, 2025:
Senate Majority Leader Thune pushes estate tax repeal in GOP bill talks - Bloomberg
Supreme Court seems likely to OK Universal Service Fund tax for rural, low-income subsidies - The Hill

Fri, March 21, 2025:
CBO says extension of TCJA tax cuts would increase deficits by $4 trillion over 10 years (excluding interest costs). - CBO

Thurs, March 20, 2025:
Senators push back against current policy gimmick - CRFB
One of the most fair and efficient ways for policymakers to reduce deficits would be close the “tax gap” -- the difference between taxes paid and taxes owed. - CRFB

Wed, March 19, 2025:
Bringing back the expired R&D tax deduction - Punchbowl
Most Americans continue to favor raising taxes on corporations, higher-income households - Pew

Fri, March 14, 2025:
IRS to pause modernization efforts under Trump - The Hill

Thurs, March 13, 2025:
DOGE proposes cutting IRS workforce by a total of nearly 20% - CNN
How Trump’s ‘No Tax on Tips’ Could Backfire for the Working Class - Bloomberg

Sat, March 8, 2025:
19 ways congressional tax action (or inaction) could hit your wallet - NYT

Fri, March 7, 2025:
CBO estimates that congressional disapproval of the tax rule requiring entities that qualify as “brokers” for cryptocurrency transactions to report information to the Internal Revenue Service (IRS) would cost $4.5 billion over 10 years. - CBO

Thurs, March 6, 2025:
“The government’s failure to collect all the taxes that it is owed was estimated to have cost more than $600 billion in the 2022 tax year alone, which underscores how absurd it is for Musk to cut the Internal Revenue Service workforce in half.” - WP/Tumulty

Wed, March 5, 2025:
5 requests Trump made of Congress during his joint address - Roll Call
“Cutting IRS staffing in half over the next 10 months would mean less help and longer waits for many US taxpayers and increase the risk that wealthy tax cheats escape paying what they owe. It also would leave the IRS with its smallest workforce since at least the 1960s, according to official IRS data.” -Bloomberg

Tues, March 4, 2025:
Business leagues earn billions in untaxed revenue - WSJ/Hodge
Trump Administration pushes to slash IRS work force in half - NYT

Mon, March 3, 2025:
Ways & Means committee to start drafting plans for enacting Trump tax agenda next week - WP

Sun, March 2, 2025:
What in the DOGE is happening at the IRS? - WP

Sat, March 1, 2025:
GOP wants $4 trillion tax cut to look free; critics call it a gimmick - WSJ/Rubin

Mon, Feb 24, 2025:
Trump just fired 6,700 IRS workers in the middle of tax season. That’s a huge mistake - NYT/IRS commissioners
Senate, House moving forward with separate tax reform approaches - Reuters

Thurs, Feb 20, 2025:
Trump want to “abolish” the IRS and replace it with tariffs - CNN

Wed, Feb 19, 2025:
IRS to begin laying off roughly 6,000 employees on Thursday - NYT

Sun, Feb 16, 2025:
Musk’s DOGE seeks access to personal taxpayer data, raising alarm at IRS - WP

Sat, Feb 15, 2025:
IRS will lay off thousands of workers in the middle of tax season - AP

Fri, Feb 14 2025:
IRS preparing to layoff thousands of employees as soon as next week, reversing an initiative to speed up customer service – NYT

Wed, Feb 12, 2025:
US Republicans struggle to find unity on taxes in Trump “golden age” - Reuters

Fri, Feb 7, 2025:
$3 Trillion of deficit reduction from “assumed economic growth from tax cuts” is fantasy math - CRFB
Wall Street prepares to defend carried interest tax break, again - NYT

Thurs, Feb 6, 2025: Trump tax priorities total $5 - $11 trillion - CRFB

Wed, Feb 5, 2025: Republicans eye shorter 5-yr tax-cut extension to mask the cost - WSJ

Fri, Jan 31, 2025: House GOP nears plan for Trump tax and spending bill, but may lack votes-WP

Fri, Jan 31, 2025: Extending the 2017 tax cuts would be fiscally reckless - Bloomberg Editorial Bd.

Wed, Jan 29, 2025: The disastrous prospect of Trump’s IRS nominee - Slate

Sun, Jan 26, 2025: House Republicans divided over how to pay for Trump’s tax cuts - Reuters

Wed, Jan 22, 2025: SALT talks gain steam w/ GOP push to raise caps - Bloomberg

Mon, Jan 20, 2025: OECD global tax deal with 140 countries is “basically dead” - Bloomberg

Fri, Jan 17, 2025: Surging long-term rates stoke GOP tensions on paying for tax cut - Bloomberg

Fri, Jan 15, 2025: Freedom Caucus floats corp. tax hike in exchange for easing SALT cap - Politico

Fri, Jan 10, 2025: Treasury’s Office of Tax Analysis reported that full extension of the individual and estate tax cuts sceduled to expire at the end of 2025 would cost $4.2 trillion over 10 years, with “the largest tax cuts going to the highest-income families.”

Fri, Jan 10, 2025: “Senate Republicans fear President-elect Trump’s tax agenda could be derailed in the House by several potential land mines, including calls by some GOP lawmakers to raise corporate taxes and to lift the cap on state and local tax (SALT) deductions.” - The Hill

Tues, Jan 7, 2025: Trump gathers SALT-focused Republicans before tax fight - Bloomberg

Thurs, Dec 26, 2024: Congress stripped IRS of another $20 billion in CR; GOP has now clawed back half the investment the Biden Admin. made in the tax agency - WashPost

Tues, Dec 17, 2024: GOP proposal to ignore $4 trillion cost of extending TCJA - CAP

Tues, Dec 10, 2024: TCJA extension might not pay for any of itself - CRFB

Wed, Dec. 4, 2024:
-Effects of Expiring Provisions of the 2017 Tax Act - CBO
-Effects on New Investment of Deductions to Recover the Cost of Capital - CBO
-How the Expiring Individual Income Tax Provisions in the 2017 Tax Act Affect CBO’s Economic Forecast - CBO
-Trump taps former representative Billy Long as IRS Commissioner - Bloomberg
-Senate Finance Chair Ron Wyden statement on Billy Long

Mon, Dec. 2, 2024: GOP’s small majority adds to challenge of tax reform - The Hill

Fri, Nov. 29, 2024: Republicans headed for a $4.6 trillion brawl over paying for extending Trump tax cuts - Politico

Sun, Nov. 10, 2024: Trump win puts global corporate tax deal “in peril” - Financial Times