Tax News
Trump Keeps Immunity from I.R.S. Audits, Even as $1.8 Billion Fund Falls Away
Even as they rebelled against a $1.8 billion fund for President Trump’s allies, Republicans looked the other way as his administration granted him p...
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The Case for California’s Billionaire Wealth Tax
Silicon Valley’s growth over recent decades has made California rich — and one of the most unequal places in America....
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The Simple Answer to Taxing the Rich Is the Best Answer
Forget complex schemes. There is an easier way to get revenue from the wealthy....
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You May Be Owed a Tax Refund From the Covid Era
A court ruling found that the I.R.S. shouldn’t have charged penalties and interest during the pandemic. But the government may appeal the decision....
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A Democrat Who Makes Me Listen
An interview with Representative Jake Auchincloss, a Democrat from the charismatic center....
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Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question.
Mayor Zohran Mamdani wants to raise income taxes on New York City’s millionaires. Tax increases elsewhere have not led to an exodus, but some worry ...
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California Billionaire Tax Has Enough Signatures to Land on Ballot, Backers Say
The measure calls for placing a one-time 5 percent tax on the assets of California residents with at least $1.1 billion. Opponents are backing competi...
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Americans Have Fled to Red States. Blue States Can Win Them Back.
Jason Furman, Neera Tanden and Elizabeth Wilkins discuss....
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Are Democrats Becoming a Party of Tax Cuts?
As Democrats try to find a way back to power in Washington, some see tax cuts as a quick and easy way to address affordability. The wonks are freaking...
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Enjoy your tax cuts while they last
The GOP tax plan will give many households tax cuts in the first several years. But those cuts will expire and a key provision will raise many people'...
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How much you'd pay under GOP tax plan depends on many factors
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New tax code will still be complicated despite GOP promise to simplify
Republicans said their plan would make taxes easy to prepare, and indeed the final bill gets points for some simplification. But the whole story, like...
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GOP tax bill: Here's what people are saying
The vast majority of statements from business, advocacy and trade groups have major concerns with the 1,000-page bill....
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Tax bill and your tuition: Here's what to expect
GOP leaders have agreed to save the student loan interest deduction and keep tuition waivers for graduate students tax-free....
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Attention, teachers: You can keep your deduction for classroom supplies
Currently, teachers can deduct up to $250 for classroom materials from their taxable income. That won't change....
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How tax reform could hinder innovation in the U.S.
By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development ta...
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How the GOP tax bills hurt undocumented immigrants
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13 ways the tax bills would affect people: Senate and House differ on key points
You'll be hearing a lot in coming days about the differences between the Senate and House tax bills. Here's your guide....
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Here's what's in the Senate tax bill - and how it differs from the House's bill
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