Politics & Presidents

Gillette and Szczepanski v Commissioner. In our ongoing coverage of Tax Court issues and cases we focus on this case, an Offer in Compromise issue case. The petitioners, Gillette and Szczepanski(a married couple), were assessed a liability on thei... Read More

Trump tax documents show problems. Documents obtained by ProPublica show stark differences in how Donald Trump's businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than t... Read More

Trump's taxes may get political. The recent decision by a Federal Judge to allow the Manhattan prosecutor's office to obtain President Trump's taxes may throw a wrench into the election. Even though Trump has appealed, the process may play out pri... Read More

Trump tax plan looks political. The Trump administration plans to unveil a tax cut plan in mid-2020, a top White House adviser stated, saying it would be targeted to giving significant relief to the middle class. Just like prior administrations ha... Read More

Trump's tariff's wiped out tax cuts. That last $100 in tax cut gains could soon completely disappear--and then some-- because of additional tariffs Trump has announced if the president makes good on his threats to impose levies on virtually all im... Read More

Will Trump's economy follow Bush's. That idea seems to be popping up in media circles these days, with many noted economists stating the short term economic boost provided by the Tax Cuts and Jobs Act may fade away, leaving us with larger deficits... Read More

Trump's tax cuts changed economy. Americans have been getting used to the new Tax Cuts and Jobs Act slowly but surely. Some if its effects are already visible, and some of them will take months, or even years, to  understand. After all, econo... Read More

Trump gave most Americans a tax cut. But most didn't notice it. Republicans passed a sweeping tax cut for two thirds of Americans in 2017, saying it would pay for itself and the American public would thank them for it. Now, as Americans finish ... Read More

Fast tax cuts could hurt republicans. When President Trump signed the Tax Cuts and Jobs Act into law in 2017, the Internal Revenue Service moved to make sure the savings showed up quickly in paychecks. Doing so probably lifted consumer spending... Read More

Trumps tax cut growth is over. The Trump Administration pushed a $1.5 trillion tax cut through Congress in 2017 on the promise that it would spark sustained economic growth. While the tax cuts have goosed the economy in the short term, official... Read More