Government taxation and revenue

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…

Trump ordered to pay $454 million in fines and interest in NY business fraud case

A New York judge on Friday ordered Donald Trump to pay about $454 million in total penalties as part of…

Trump ordered to pay New York Times, three reporters nearly $400,000 in legal costs over dismissed lawsuit

A New York judge on Friday ordered Donald Trump to pay The New York Times and three of its reporters…

Does the tax on your year-end bonus check seem high? Here’s why

Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit, but Uncle Sam may pay some…

Former Swiss finance executive pleads guilty to tax evasion scheme that hid $60 million

WASHINGTON — A former Swiss finance executive pled guilty in New York federal court on Thursday to conspiring to defraud…

Trump judge slams credibility of paid expert in fraud case, suggests fee influenced testimony

The judge presiding over the high-stakes civil business fraud trial of former President Donald Trump harshly questioned the credibility of…