Tax policy

Biden Proposal Would Require Banks To Report Deposits To The IRS

The Biden administration is proposing a crackdown on unpaid taxes among wealthy Americans and businesses in order to raise revenue…

3 years ago

House Democrats Scale Back Biden’s Tax Increase Proposals

The House Ways and Means Committee released a bill this week which proposes taxing wealthy individuals to fund Democrats' $3.5…

3 years ago

Sens. Elizabeth Warren & Bernie Sanders Propose 3% On Wealth Over $1 Billion

A group of Senate Democrats led by Sens. Elizabeth Warren (D-Massachusetts) and Bernie Sanders (I-Vermont) proposed an annual 3% tax on wealth exceeding $1…

4 years ago

House Democrats Re-introduce Bill To End ‘Carried Interest’ Tax Break For Investment Managers

On Tuesday, House Democrats, including Reps. Bill Pascrell (D-New Jersey), Andy Levin (D-Michigan) and Katie Porter (D-California), reintroduced a bill that…

4 years ago

Biden Says He Will Not Increase Taxes For People Making Under $400,000

Former Vice President Joe Biden said that if he is elected president in November, he will not raise taxes on…

4 years ago