Government taxation and revenue

90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says

The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…

Biden campaign’s latest broadside: A ‘feeble’ Trump is ‘lying about having money’

A court ruling that slashed Donald Trump’s civil fraud appeal bond was a financial win for the former president. But…

Don’t trust Trump’s ‘impossible’ appeal bond claims, attorney general tells judges

Donald Trump should have pledged real estate he owns as collateral against a $464 million business fraud judgment if he were “truly…

Chubb ended Trump fraud bond talks after backing E. Jean Carroll appeal bond, court filing says

Donald Trump and his co-defendants were in talks with insurance giant Chubb for a $464 million appeal bond in the…

Trump can’t secure $454 million appeal bond in New York fraud case, his lawyers say

Donald Trump does not have enough cash to obtain an appeal bond that would prevent New York’s attorney general from…

Biden’s ‘billionaire tax’ takes aim at the super-rich — but can a wealth tax work in reality?

Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said…

New York AG questions Trump cash reserves as $464 million judgment looms

Former President Donald Trump has not shown that he has enough cash to cover the full amount of a $464…

Trump’s best option to get $540 million for legal judgments could be ‘clean’ property with private lenders

Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million, without having to first…

Prison inmate led scheme swindling U.S. out of $550 million in Covid tax credits, feds say

A California prison inmate locked up on a gang-related murder conviction led a scheme that defrauded the U.S. government out…

‘Who’s going to do that?’: Trump faces hurdles in securing appeal bond for fraud case

Former President Donald Trump is gearing up to fight a massive fine in the New York business fraud case that…