Taxes

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How a Rich Dad’s Obsession With the Estate Tax Nearly Tore His Family Apart

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Amid the rancor and rhetoric of the fight over the “big, beautiful bill,” we heard many a story about Americans likely to suffer as a result of it—families who might lose access to elder care and food stamps and homes and health insurance and other important things. Largely missing were insiders’ views of the kinds […]

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Six Months in, Trump Has Made American Life Immeasurably Worse

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Sunday marked six months of President Donald Trump’s return to office. To celebrate, he and top Republicans kicked the hagiography into full gear. “Today is Six Month Anniversary of my Second Term. Importantly, it’s being hailed as one of the most consequential periods of any President,” Trump claimed in a Truth Social rant. House Speaker […]

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Trump Plans to Hand Taxpayer Data to Homeland Security to Speed Up Deportations

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The system, which would enable sharing of massive amounts of sensitive data, may be launched before the end of July.

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“Tax-Dodging Consultant” Is Now the US Treasury’s Top Tax Policy Official

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As a lobbyist, Ken Kies secured tax giveaways for major corporations. Now, he’s helping implement the GOP budget bill.

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Even Sky-High Income Tax Rates Won’t Stop the Relentless Rise of the Richest

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Will Donald Trump’s “One Big Beautiful Bill,” as critics contend, be a massive giveaway to the rich? Absolutely, when you tally it up. Yet the bill’s provisions, while devastating to the nation’s poorest, represent only modest gains for the majority of affluent families. Consider the merely rich—the top-earning 10 percent of households. The Congressional Budget […]

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Sen. Elizabeth Warren Presses Oil Firms on Lobbying for a Huge Tax Break in the Budget Bill

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This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Democratic lawmakers led by the Massachusetts senator Elizabeth Warren are pressing two energy companies about their efforts to “win a $1.1 billion tax loophole” in Donald Trump’s so-called One Big Beautiful Bill. The proposed exemption, which Senate Republicans inserted into their version of […]

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Most People Support Taxing Carbon Even If It Costs Them, Global Survey Shows

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This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. People in affluent countries around the world are willing to tax themselves to address climate change and ease poverty. That idea defies conventional political wisdom, which typically holds that people hate taxes. It emerged in a survey of 40,680 people in […]

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Here’s One Biden Climate Provision Republicans Are Unlikely to Kill

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This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. Dig down about a mile or two in parts of the United States and you’ll start to see the remains of an ancient ocean. The shells of long dead sea creatures are compressed into white limestone, surrounding brine aquifers with a […]

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