Taxes

Tesla CEO Elon Musk took Democrats to task over their latest proposal to tax the country’s billionaires in order to help pay for President Biden’s signature economic spending plan.

The Credible Money Coach discusses income taxes for reader who still works and receives Social Security benefits.

Manchin said President Biden agreed with him that it is unseemly to force the IRS to report bank accounts' inflows and outflows to the IRS.

Sen. Joe Manchin said Tuesday that a deeply controversial proposal that would force banks to turn over most customers' account information to the Internal Revenue Service will likely be dropped from Democrats' final tax and spending bill, even after the White House agreed to narrow the scope of the plan.

A top House Democrat threw doubt on a new Senate plan to tax the unrealized capital gains of billionaires and other ultrahigh earners, arguing the proposal may be too complicated to implement.

Nevada Republican Senate candidate Adam Laxalt says he believes Democrats' "transformational" reconciliation bill could help him win his race.

Americans for Tax Reform President Grover Norquist blasted the Democrats' tax plan to fund their massive spending bill, warning it will affect “everybody” eventually despite claims it only targets the wealthy.

As I talk to innovative job creators each week, they point to freedom and our welcoming business climate as the Texas advantages that allow their companies to grow and their employees to succeed, to afford a home, and to enjoy a high quality of life.

Moderate Democratic Sen. Joe Manchin of West Virginia indicated Monday that he would support tax proposals targeting billionaires amid ongoing negotiations within the party toward an agreement on President Biden’s sweeping social spending bill.

A group of nearly 100 banks and other industry groups urged the Biden administration to drop a plan to force banks to turn over most customers' account information to the Internal Revenue Service.

FOX Business host Stuart Varney discusses the Democrats’ "desperation" to tax the rich

Senate Democrats are crafting a plan to tax billionaires and other ultra-high earners in order to pay for the bulk of President Biden's signature economic spending plan after failing to secure enough support for a slew of other planned tax increases.

Committee for a Responsible Federal Budget President Maya MacGuineas discusses the Democrats’ spending package.

Among the major factors motivating Democrats to come to a deal this week: President Biden leaves Thursday for a climate summit, and Virginia gubernatorial candidate Terry McAuliffe is taking heat for Democrats' failure to pass the infrastructure bill.