Sen. Toomey calls spending package 'a terrible idea'
Senator Pat Toomey, R-PA, discusses the Democrats spending spree and tax hikes on 'Kudlow'
US manufacturers warn Biden tax hikes could kill jobs, derail industry growth
U.S manufacturers unveiled a six-figure ad campaign this week aimed at squashing vital parts of Democrats' $3.5 trillion reconciliation bill that include steeper taxes on corporations.
IRS extends tax relief for those impacted by Ida in New York, New Jersey
The IRS said in a statement Wednesday that those impacted by Hurricane Ida in parts of New York and New Jersey will be offered an extension to file various individual and business tax returns—similar to the relief already provided to victims in Louisiana.
Wealthiest Americans dodging $163B in taxes annually, Treasury says
The wealthiest Americans “choose not to pay” a massive sum in taxes each year, according to a report from the Treasury Department released Wednesday.
JP Morgan's David Kelly analyzes the Fed's August Beige Book
J.P. Morgan chief global strategist reveals his best opportunities for investment on 'The Claman Countdown'
Tax hikes pose greatest threat to business growth, most CEOs say
A majority of CEOs identified the prospect of steeper taxes this year as the greatest global threat to business growth as Democrats look to substantially raise rates on corporations in order to fund a sweeping, multitrillion-dollar spending package.
Democrats being ‘pushed’ into passing spending bill: Laffer
Former Reagan economic adviser Art Laffer provides insight into spending negotiations on Capitol Hill.
Don't buy stocks from China, 'period': Mark Grant
B. Riley Securities chief global strategist and managing director Mark Grant explains why investors shouldn’t buy any stocks from China and discusses potential tax raises.
IRS push for more taxpayer info will ‘kill’ community banks, CEO says
Florida Bankers Association CEO Alex Sanchez on the IRS looking to get more data about Americans’ financial activities from banks.
IRS push for more info about taxpayers would ‘kill’ community banks: Florida Bankers Association CEO
Florida Bankers Association CEO Alex Sanchez on the IRS looking to get more information and data about Americans’ financial activities from banks.
Florida Bankers Association CEO on IRS, BlackRock’s China investments
Florida Bankers Association CEO Alex Sanchez weighs in on the Internal Revenue Service (IRS), BlackRock and China.
Democrats pushing slew of tax hikes to fund massive spending plan: A roundup of proposals
Wealthy Americans are bracing for steeper taxes as soon as this year as Democrats push forward with a massive, multitrillion-dollar spending bill.
Art Laffer: Biden spending bill will 'damage the US economy'
Former Reagan economic adviser criticizes the president's economic agenda on 'Kudlow'
IRS business tax return backlog explodes to 7.9M paper filings amid COVID-19 pandemic
Complications related to the COVID-19 pandemic resulted in a massive backlog at the Internal Revenue Service in the processing of business-related tax returns in 2020, according to a report from the Treasury Inspector General for Tax Administration.
Markets taking ‘ignorance is bliss’ approach to tax hike concerns: Jeff Sica
Jeff Sica of Circle Squared Alternative Investments on taxes and market trends.
Progressives’ tax-the-rich dreams fade as Democrats struggle for votes
Progressive Democrats, who had hoped unified party control of the government could spur transformative tax increases on multinational companies and wealthy individuals, look like they will have to settle for a more modest outcome.
House Republican roasts Pelosi over $200M for San Francisco park
Kentucky Republican James Comer slams the House Speaker's spending on 'The Evening Edit'
Biden's economic solutions are 'opposite of what's needed': Shelton
Former Trump Economic Advisor reacts to a weak August jobs report on 'Kudlow'
James Simons, Robert Mercer, others at Renaissance to pay up to $7 billion to settle tax probe
Current and former executives of hedge fund Renaissance Technologies LLC will personally pay as much as $7 billion in back-taxes, interest, and penalties to settle a long-running dispute with the Internal Revenue Service, the firm said, a tax settlement that may be the largest in history.
House Democrats push Biden for lower capital gains tax hike
President Biden is facing pushback from some House Democrats over his plan to substantially raise taxes on investment gains – a key part of funding his sweeping, multitrillion-dollar economic agenda.