Government taxation and revenue

‘Go higher’: Bernie Sanders urges Harris to raise 28% capital gains tax rate proposal

Sen. Bernie Sanders, I-Vt., on Sunday said Vice President Kamala Harris should increase her proposed 28% tax rate on long-term…

How high earners can funnel money to a Roth IRA, the ‘gold standard’ of retirement accounts

You’d think earning more would make it easier to boost retirement savings. But high earners may find it tricky to…

Hunter Biden pleads guilty in tax case, hours after jury selection for trial was to begin

Hunter Biden pleaded guilty to all nine counts in his criminal tax case in Los Angeles federal court on Thursday…

Mark Cuban says Harris won’t tax unrealized capital gains: ‘Not going to happen’

Billionaire investor Mark Cuban on Thursday insisted that Democratic presidential nominee Kamala Harris would not tax unrealized gains as president.…

Harris unveils plan for 28% capital gains tax, softening Biden’s proposal for 40% rate

Vice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income…

The IRS has a method of ‘last resort’ to collect overdue taxes: Revoking your passport

Travelers, be warned: The federal government may revoke your passport if you ignore a big tax bill. Such punishments have…

Inside the tax battles Tim Walz fought — and won — in Minnesota

Six years before Tim Walz was tapped to be Vice President Kamala Harris’ running mate, he was busy running for…

Harris matches Trump proposal to ban taxes on tips at Las Vegas rally

Vice President Kamala Harris pledged to eliminate taxes on tips in the service and hospitality sectors if she wins the…

Shapiro backs ‘aggressive’ corporate tax cuts in Pennsylvania as Harris campaign vets him for VP

Pennsylvania Gov. Josh Shapiro defended his support for “aggressive” corporate tax cuts, a position that could rankle some of his…

Hunter Biden cites Trump ruling in seeking dismissal of gun and tax cases

Lawyers for Hunter Biden on Thursday asked federal judges in California and Delaware to dismiss the criminal tax and gun…