Taxes

Treasury Secretary Janet Yellen indicated that President Biden is open to pursuing a wealth tax as a means of paying for his multitrillion-dollar agenda and addressing the nation's swelling federal budget deficit. 

The IRS could do a better job collecting taxes owed by wealthy Americans, a watchdog report claims, since hundreds of thousands of high net worth individuals have skated by without reconciling delinquent payments.

New York lawmakers unveiled a new proposal on Sunday that includes nearly $7 billion in tax hikes on top earners and Wall Street.

Rep. Van Drew responds to the Biden administration eying the first major tax hike since 1993.

President Biden is reportedly planning to include the first major tax hike in close to 30 years in the next economic spending bill set to follow his $1.9 trillion coronavirus relief package.

Wells Fargo and JPMorgan Chase told customers they may not receive the third round of stimulus checks until at least Wednesday.

BMO Capital Markets chief strategist Brian Belski weighs in on New York State lawmakers proposing nearly $7 billion in new taxes on the wealthy.

Beginning on or after Jan. 1, 2022, and before Jan. 1, 2027, a qualified taxpayer that employs a homeless person during the taxable year could receive a tax credit of up to $30,000 per taxable year, depending on the amount of hours worked by the homeless person. 

Banks have begun processing $1,400 federal stimulus checks for many Americans as part of President Biden's $2 trillion COVID-19 relief package.

States are sending forms showing benefits received to thousands of people who didn’t get any money.

Stimulus checks are on the way to millions of Americans. FOX Business outlines the major details.

For Democrats today, the solution for every new issue is another tax increase.