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Taxes

  1. politics
    Manchin Makes Biden a Good Offer. But Will Sinema Buy It?The West Virginian is inclined to okay Biden tax proposals that the Arizonan has vetoed in the past. Something’s got to give for anything to get done.
    By Ed Kilgore
  2. the national interest
    The Wealth Lobby Is Buying Up Democrats to Defeat Biden’s Tax Reform“One of the biggest scams in the history of forever.”
    By Jonathan Chait
  3. the national interest
    Biden’s FDR-size BetThe president is rallying Democrats behind a sweeping $3.5 trillion budget package. It could be the key to winning 2024.
    By Jonathan Chait
  4. budget
    Senate Dems Start Loading a $3.5 Trillion Bazooka to Pass Biden’s AgendaA new agreement would dodge a Republican filibuster to expand the welfare state, but many issues are yet to be resolved.
    By Ed Kilgore
  5. business
    Bezos, Musk Didn’t Pay Federal Income Tax Some Years: ReportProPublica obtained raw IRS data on the tax returns of some of America’s wealthiest people and found they paid almost no taxes at all.
    By Nia Prater
  6. politics
    When Will Congress Move on Biden’s Agenda?Democrats’ timetable has slowed, as they are pursuing bipartisan deals and haven’t settled on a legislative strategy. But it will be a busy summer.
    By Ed Kilgore
  7. politics
    Biden Aims to Beef Up IRS to Help Fund Families PlanThe White House is pushing for a big expansion in IRS enforcement, which it says could bring in $700 billion in revenue over the next ten years.
    By Nia Prater
  8. wall street
    Wall Street Spooked by Biden’s Tax PlanInvestors fear the president’s new capital gains tax will hurt America’s salt-of-the-earth, hardly working millionaires.
    By Eric Levitz
  9. infrastructure
    GOP to Biden: Raise Taxes on Our Rural Base, Not Coastal ElitesBiden wants to fund infrastructure with taxes on the (largely coastal) corporate elite. Republicans insist on soaking their own base instead.
    By Eric Levitz
  10. politics
    ‘The System for Wealth Building Is Designed to Build White Wealth’Professor Dorothy Brown on the racist nature of the tax code and how to fix it.
    By Sarah Jones
  11. the national interest
    For Republicans, the Time Is Never Quite Right to Tax the RichCan’t tax the rich during or after a pandemic.
    By Jonathan Chait
  12. the democrats
    Democrats Must Stop the IRS From Eating the Unemployed’s Stimulus ChecksIf Biden doesn’t forgive the taxes on millions of Americans’ unemployment benefits, they might not forgive him for their giant surprise tax bills.
    By Eric Levitz
  13. the top line
    Donald Trump Isn’t Broke. He’s a Very Rich Guy Who Doesn’t Pay Enough Taxes.Some people are reading Trump’s taxes — or the New York Times’ account of what was in his taxes over the last 20 years — much too literally.
    By Josh Barro
  14. vision 2020
    Joe Biden’s New Tax Pledge Is IndefensibleBy promising not to raise taxes on Americans who earn under $400,000, Biden is constraining his governing agenda for no good reason.
    By Eric Levitz
  15. legal cannabis
    California’s Legal Pot Industry Is StrugglingTaxes, regulations, local bans, and illegal competition have all hampered legal cannabis outlets.
    By Ed Kilgore
  16. wealth tax
    If You Can’t Have Wealth Taxes, You Don’t Have a CountryThe law-and-order-loving nationalist’s case for Elizabeth Warren’s tax policies.
    By Eric Levitz
  17. democratic debates
    Warren Really Doesn’t Want to Talk About Middle-Class Tax HikesModerators and rivals want Warren to admit that her health-care plans requires a tax increase for the middle class. Warren wants to focus on costs.
    By Ed Kilgore
  18. vision 2020
    How Elizabeth Warren Should Talk About Medicare for AllA populist like her should show some empathy for those who fear big government and politicians as much as they fear insurance and drug companies.
    By Ed Kilgore
  19. buyer’s market
    How Tax Policy Gave Us White ClawVodka soda is the chicken breast of alcoholic beverages. Why did it take so long to make something like it available in a can?
    By Josh Barro
  20. trump tax cuts
    Tax Refunds Are Down by $6 Billion. That’s a Threat to Trump — and the Economy.Millions of Americans were expecting big rebates that never came. That could put a dent in the economy, and Trump’s reelection hopes.
    By Eric Levitz
  21. irs
    Bipartisan Bill Would Ban IRS From Making Tax-Filing Free and EasyThe IRS has the data and technology to pre-fill your tax forms for you. But that would make TurboTax less profitable. So Congress won’t allow it.
    By Eric Levitz
  22. vision 2020
    Bernie Sanders Still Dragging His Feet on Releasing His Tax ReturnsIt’s an embarrassment to Democrats battling to force the release of Trump’s tax returns.
    By Ed Kilgore
  23. the top line
    Constitutional Concerns Are a Major Risk for a Federal Wealth TaxThere is a key implementation challenge for Elizabeth Warren’s plan to tax wealth: It would need to survive the courts.
    By Josh Barro
  24. the irs
    The GOP Gutted the IRS — and the Rich Made Out Like BanditsBy denying the IRS the funding necessary to police tax fraud, Republicans have helped American businesses evade $125 billion in taxes each year.
    By Eric Levitz
  25. taxes
    Feds Crack Down on Blue-State Workarounds of Trump Tax Reform Deduction LimitsIt’s part of an ongoing GOP effort to hit coastal “elites” with the bill for reducing high-end taxes. But blue states are still trying to fight back.
    By Ed Kilgore
  26. Trump’s Idea of Paying Down National Debt With Tariffs Is a Bad JokeAs always, Trump’s fiscal math makes no sense.
    By Ed Kilgore
  27. Campaign on Taxes or Culture War? GOP, Trump Divided on Midterm MessageRepublicans are vulnerable in different kinds of districts, some where Trump’s rhetoric is attractive and others where it’s toxic.
    By Ed Kilgore
  28. Thanks to GOP Tax Bill, Homeowners Rushing to Prepay Property Taxes Before 2018New restrictions on the deductibility of local property taxes are driving many homeowners to pay early and get the deduction one more time.
    By Ed Kilgore
  29. DI Politics Chat: The GOP Got Their Tax Cuts. Now What?4 Daily Intel staffers chat about the tax bill, whether it will help the Democrats take back power, and what pieces of it they should keep if they do.
    By Jonathan Chait, Ed Kilgore, and Eric Levitz
  30. The GOP Wants to Pass Trump’s Tax Cuts This Week. Here’s What They Need to Do.Republicans see this as do-or-die time for their tax overhaul — and they’re scrambling to secure about seven more Senate votes.
    By Margaret Hartmann
  31. Trump Tax Bill Hammers New York and CaliforniaOther than hitting the bicoastal upper-middle-class folk, the House GOP tax writers picked their fights carefully.
    By Ed Kilgore
  32. Why Trump Supporters Might Not Care That He’s Not Getting Anything DoneIt’s widely assumed conservatives will punish the GOP in 2018 for a poor record in Congress. Don’t count on it.
    By Ed Kilgore
  33. bill de blasio’s new york
    Mayor Wants to Raise Taxes on Those Making Over $500K to Pay for Subway RepairsHe announced a boost on high-end income-tax rates to fund public-transit fixes and reduced-fare MetroCards.
    By Jen Kirby
  34. The GOP Health-Care Bill Was a Mess. The GOP’s Tax and Budget Plans Are Messier.The GOP’s plans to use the budget process for health-care and tax legislation are already half-ruined. The worst could be yet to come.
    By Ed Kilgore
  35. select all
    India Is Going to Search Instagram and Facebook to Find Tax FraudstersBe careful what you hashtag.
    By Brian Feldman
  36. Kid Rock’s Demand for Extreme Government Simplicity Is Not So SimpleSometimes government is complicated because life is complicated, and sometimes compromise requires policies that just aren’t so simple.
    By Ed Kilgore
  37. GOP Senator Explains Party’s Disarray: Nobody Expected Trump to WinPat Toomey spills a secret: Republicans didn’t have a policy plan because they didn’t think they’d have the power to enact it.
    By Ed Kilgore
  38. California’s Single-Payer Bill Halted by Democratic Assembly SpeakerCiting two big procedural bars to enactment of a single-payer plan, Speaker Anthony Rendon stopped action on it, inviting attacks from proponents.
    By Ed Kilgore
  39. Trump Accuses Amazon of Tax Avoidance, Bankrolling ‘Fake News’The president implicitly threatens Jeff Bezos with higher taxes, for owning a newspaper that reports critically on the White House.
    By Eric Levitz
  40. Will New York and California Take the Plunge on Single-Payer Health Care?With the national debate in chaos, big blue states might just go it alone on socialized health insurance.
    By Ed Kilgore
  41. Trump Says He Might Release Tax Returns ‘After I’m Out of Office’Believe this as much as you believe everything else he says about his taxes.
    By Adam K. Raymond
  42. Republicans Were Hoping for More Information From Trump. He Gave Them None.The president’s address to Congress was upbeat, mainly because he did not address any of the tough choices his party faces.
    By Ed Kilgore
  43. President Trump’s Gold-Plated Budget PlanThe billionaire president’s fiscal agenda grows more lavish by the day.
    By Eric Levitz
  44. Trump’s Economic Strategy Is Looking More and More Like a Right-wing Governor’sLowering business costs in exchange for jobs — and quality of life.
    By Ed Kilgore
  45. taxes
    Portland Will Make Companies With Overpaid CEOs Shell Out More in TaxesCorporations with executives who make more than 100 times what their workers do will be subject to a surtax.
    By Charley Lanyon
  46. Trump Likely Dodged Tens of Millions in Taxes Through Legally Dubious SchemeThe GOP nominee used a scheme his own lawyers warned might be illegal to disappear hundreds of millions in taxable income, the New York Times reports.
    By Eric Levitz
  47. Clinton’s Economic Policies Are Popular. Maybe She Should Campaign on That.The Democratic nominee has spent the past month praising Reagan and Paul Ryan, instead of tying Trump to his party’s unpopular supply-side agenda.
    By Eric Levitz
  48. select all
    EU Commission Rules That Apple Owes Ireland 13 Billion EurosApple, obviously, is not pleased.
    By Brian Feldman
  49. today in donald trump
    Trump Walking Back Tax Plan, Wage Position“Sure, it’s a change. I’m allowed to change.”
    By Chas Danner
  50. Billionaire Donald Trump: The IRS Audits Me Because I’m a ‘Strong Christian’What other incentive would a tax collection agency have for targeting a billionaire real-estate mogul?
    By Eric Levitz
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