IRS to suspend tax balance due notices amid mail backlog
Some people’s checks may still be unopened as the agency works through mail pile-up.
Trump promotes tax record of cutting rates for middle-class Americans
President Trump has been nominated to run again as the Republican Party’s candidate for president, and part of his main economic platform centers around new promises to cut middle-class taxes even further.
Biden promises to raise taxes on Americans making more than $400,000 per year
Democratic presidential nominee Joe Biden said that if he wins the presidency in November's election, he will raise taxes on Americans who earn more than $400,000 a year.
Pence: DNC 'painted a very grim picture' of America
On the heels of the Democratic National Convention (DNC) and former Vice President Joe Biden’s official nomination, Vice President Mike Pence told FOX Business’ Maria Bartiromo the four-day event “painted a very grim picture” of the country.
Requests for Trump's tax records are 'completely unjustified': Rudy Giuliani
President Trump's personal lawyer Rudy Giuliani explains why he believes there should be finality with tax returns, saying there 'should be a statute of limitations.'
Joe Biden's tax hikes will cause your life savings to collapse, Grover Norquist warns
Democratic presidential nominee Joe Biden’s tax hikes will cause Americans to lose a third of their savings, founder of Americans for Tax Reform Grover Norquist said on Thursday.
Could liberal policies lead to more down-ballot GOP victories?
Former California Republican Party chairman Tom Del Beccaro says Californians are getting fed up with the liberal policies and points to how many residents and companies are leaving the state for places with lower violence rates and taxes.
Biden actually is for Medicare-for-All: Ronna McDaniel
Republican National Committee chair Ronna McDaniel believes Joe Biden is only saying he'll pursue a public health care option because he knows he needs the support of union workers, but if he gets elected, he will shift further left.
John Paul Dejoria: Democratic wealth tax would ‘destroy America totally’
A wealth tax like the one being considered by California legislators would destroy the American Dream, billionaire entrepreneur and Patron Spirits International co-founder John Paul Dejoria told Fox Business Network's "Cavuto: Coast to Coast" Wednesday.
IRS to send interest payments averaging $18 to nearly 14M Americans
Nearly 14 million Americans will receive interest payments from the IRS averaging about $18.
Tax bikini latex clubs: court
They will be classified as sexually oriented businesses and subject to $5-per-patron state tax.
Trump's payroll tax deferral may lead to significant tax bills for workers, business groups warn
Without congressional forgiveness, workers could owe thousands to the IRS next year.
Raising taxes 'will cause very sharp decline in US economy': Art Laffer
Former Reagan economist Art Laffer doesn't know why presumptive Democratic nominee Joe Biden is campaigning on raising the taxes to pre-Trump levels.
If Democrats win, market goes down; if Republicans win, market goes up, expert believes
UBS managing director and senior portfolio manager Jason Katz goes over what would happen to the market if Republicans sweep the White House and Congress, what would happen if Democrats sweep both and what would happen if it's split. He believes there's more at stake in this election 'than in my entire life.'
New York City is dead forever: Author
Former hedge-fund manager James Altucher explains why he thinks New York City will not recover fully from coronavirus lockdowns, including businesses going out of business and major employers allowing their employees to work remotely indefinitely.
Trump touts Nasdaq record high, warns 401(k)s will be 'worthless' if Dems win
The president noted the Nasdaq Composite closed at a record high on Monday.
IRS reopens window for people to claim missing $500 stimulus payments
People have until the end of September to provide information about qualifying dependents.
Biden’s corporate tax plans could have 12% hit to S&P 500 market cap: Donald Luskin
TrendMacro CIO Donald Luskin adds his perspective on how a Biden administration could impact the economy and markets, the difference between being rich and being wealthy and a proposed California wealth tax.
Proposed wealth tax could go too far ‘even for California’: Assemblyman
California Assemblyman Kevin Kiley (R) adds his perspective to his state’s dispute with ride-sharing companies Uber and Lyft, and later talks about a potential new wealth tax on Californians.
Virtual DNC has so much excitement: Alan Patricof
Greycroft chairman emeritus and co-founder Alan Patricof, who is supporting presumptive Democratic nominee Joe Biden, says the candidate's momentum is enormous and despite being stuck in his Delaware home, he is still making headway with voters. Patricof later talks about venture capitalists' reactions to a possible Biden presidency.