In a surprising move, President Trump has ousted IRS Commissioner Billy Long just two months after his confirmation, marking the shortest tenure in the role's history. Long will now serve as ambassador to Iceland, while concerns about IRS turnover and tax policy continue to swirl.
In a surprising move, President Trump is replacing IRS Commissioner Billy Long just two months after his confirmation, nominating him as U.S. ambassador to Iceland. This shake-up raises questions about the future of tax policies and leadership at the IRS.
President Trump is mulling over the elimination of capital gains taxes on home sales, backed by Rep. Marjorie Taylor Greene. What could this mean for millions of homeowners? Discover the potential impacts and who stands to benefit from this proposal!
In a dramatic overnight standoff, President Trump and Speaker Mike Johnson are racing against time to rally Republican support for a critical domestic policy bill as GOP infighting threatens their legislative agenda.
In a bold claim, Trump insists his tax plan will eliminate taxes on Social Security. However, the reality is far more complex. Discover the truth behind the proposal and its potential effects on seniors.
In a significant move, the Trump administration has directed Republican lawmakers to eliminate the proposed 'revenge tax' targeting international firms. This decision follows an agreement with G7 nations to exempt U.S. companies from a global minimum tax, aimed at protecting American business interests and encouraging foreign investment.
A shocking feud ignites between President Trump and Elon Musk as they clash over Trump's controversial tax bill. The unexpected breakdown of their relationship raises eyebrows across the political landscape.
The new tax bill proposed by Republicans aims to maintain individual tax rates while increasing the standard deduction and child tax credit. However, it faces criticism over potential cuts to social services and the impact on low-income families.
The House Rules Committee has advanced a key GOP bill reflecting President Trump’s priorities after a grueling 22-hour session, aiming to unite party factions ahead of a House vote. Will this bill reshape the political landscape?
House Republicans are at odds over increasing the SALT deduction cap, potentially benefiting millions of taxpayers. Will a compromise be reached to raise it to $40,000? Discover the implications for high-income households and the ongoing political battle.
