Taxes

Trump adopts Elon Musk plan for government reform, lays out economic blueprint ahead of debate with Harris

NEW YORK — Former President Donald Trump on Thursday unveiled a new batch of economic policy proposals that include Tesla…

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…

Trump to counter Harris with competing economic agenda rollout

Former President Donald Trump is countering the kickoff of the Democratic National Convention, and Vice President Kamala Harris’ recently unveiled…

CEOs at Trump meeting: Ex-president ‘meandering’ and ‘doesn’t know what he’s talking about’

WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s…

What Trump told CEOs in their private meeting

Donald Trump huddled with at least 80 CEOs on Thursday in Washington with a clear pitch: If he is elected…

More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say

The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of…

Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah

A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits…

Here’s why the minimum wage and some tax breaks don’t budge despite inflation

Many Americans are likely familiar with financial thresholds that are adjusted for inflation each year. They include contribution limits to…

Hunter Biden loses appeal bid to dismiss criminal gun case in Delaware before trial

A federal appeals court on Thursday rejected a request by Hunter Biden to toss the pending criminal gun case against…

New York tax preparer charged with causing more than $100 million in losses from fraudulent returns

A New York tax preparer was arrested Monday on charges related to causing “substantially” more than $100 million in tax…