Biden's tax plan could give IRS more access to your bank account
The Biden administration is aiming to bolster the Internal Revenue Service by adding bank account reporting requirements to Democrats' massive tax and spending bill, prompting a swift backlash from Republicans who have warned it infringes on customers' privacy.
The tax bill will negatively impact families making $30k a year: Nancy Tengler
Laffer Tengler Investments CIO provides insight on the bill on 'Making Money'
‘Most’ Dem lawmakers don’t want to bring back SALT deduction: Steve Moore
FreedomWorks senior economic contributor Steve Moore on how the Democrats’ spending, infrastructure and tax plans will impact everyday Americans.
Democrats' push to tax the wealthy is a 'moving target': Rep. Carter
Rep. Buddy Carter, R-Ga., argues that Democrats don't have control over their spending or tax bracket proposals.
Economists to Congress: Make enhanced child tax credit permanent
Nearly 450 economists signed an open letter Thursday urging Congress to pursue a permanent extension of President Biden’s child tax credit program, an economic measure that has prompted intense debate on Capitol Hill.
Will retail numbers keep up momentum under inflation?
TJM Investments Timothy Anderson and D. Alexander Capital CIO Larry Shover weigh in on recent sales reports and economic movement.
White House doubles down on fight for extra IRS funding
The Biden administration defended its plan to increase funding for the IRS by nearly $80 billion, arguing in a memo to congressional Democrats the additional money could help the agency crack down on wealthy tax dodgers and recover billions in lost revenue.
Democrats' tax plan could push combined rates up to 60% for wealthy New Yorkers, Californians
Wealthy Americans living in New York, New Jersey and California could face one of the steepest tax rates in decades if the legislation released Monday by House Democrats becomes law.
Don't claim Social Security if you can't answer these 4 questions
Your Social Security benefit is calculated from your earnings record, which comes from employer reporting.
Karl Rove: Biden tax hike will make states less competitive
Fox Business contributor Karl Rove breaks down the president's tax agenda on 'Fox Business Tonight'
Democrats are attacking the value of marriage in our country: Rep. Greg Steube
Rep. Greg Steube (R-FL) provides insight on the $3.5 trillion bill and explains how the tax benefits would penalize married Americans on 'Making Money'
Dems' $3.5T spending package includes tax credit for electric bikes
Americans for Tax Reform President Grover Norquist discusses President Biden's push for a 'Civilian Climate Corps' and a tax credit for electric bikes included in the $3.5 trillion spending plan.
How are markets reacting to push for higher corporate tax rate?
‘The Watchdog on Wall Street’ radio show host Chris Markowski, CFRA chief investment strategist Sam Stovall and Optimal Capital director of strategy Frances Newton Stacy on the markets.
Former Chief of Staff to President Trump slams Dems' tax bill: 'This is about government control'
Former Chief of Staff to President Trump Mick Mulvaney discusses Democrat tax hike on ‘Fox Business Tonight’
Dems tax proposal doesn't add up with ambitious spending plan
Correspondent Hillary Vaughn has the details from Capitol Hill on 'Fox Business Tonight'
New ad campaign launches against ‘woke’ $3.5 trillion bill
Grover Norquist, Americans for Tax Reform President, says Democrats are playing with Americans and their life savings in new proposed tax increase.
Former Chief of Staff to President Trump slams Dems' tax bill: 'This is about government control'
Former Chief of Staff to President Trump Mick Mulvaney discusses Democrat tax hike on 'Fox Business Tonight'
Biden's soak-the-rich tax plan diluted by Democratic allies in Congress
President Biden campaigned on a promise to raise taxes on the very richest Americans, unfurling just months after he was elected one of the biggest tax hikes in decades to help fund his $4 trillion economic agenda.
Economist on inflation: The Fed needs to taper now
University of Maryland Economist Peter Morici, Gibbs Wealth Management's Erin Gibbs and Optimal Capital Director of Strategy Frances Newton Stacy discuss the U.S. economic recovery, AOC's 'tax the rich' dress and inflation.
Democrats' propose top tax rate of 39.6% - here's who would pay it
House Democrats on Monday unveiled a proposal to raise taxes on the top sliver of U.S. households, part of a sweeping plan to fund President Biden's ambitious $3.5 trillion family and climate plan.