The Clinton Foundation has voluntarily filed four years of amended tax returns after an error was brought to the organization's attention.
Taxes & Budget
Coverage of the national budget and your taxes.
By Stephen Dinan - The Washington Times
Tea party targeting may be out, but wealth targeting is still very much in vogue at the IRS, where auditors target the wealthy and those with high incomes at much higher rates than other taxpayers. Published November 23, 2015
Forking over $399 for an iPhone is only the beginning: Wireless customers pay an all-time high of nearly 18 percent on average in combined taxes and fees on their cellphone bills.
The federal government has piled up debt since the latest budget deal was signed into law, tacking $462 billion onto the national credit card since Nov. 2 as the Treasury Department replenished its funds and began another round of borrowing to take it all the way into 2017.
Ben Carson distanced himself from his rivals in the GOP presidential race by advocating for an overhaul of the federal tax code that includes eliminating every tax deductions on the books -- including for mortgage interest payments and charitable givings.
House Democrats have introduced legislation that would impose a 10-cent tax on plastic bags nationwide.
The White House suggested Tuesday that it has the upper hand with congressional Republicans in year-end appropriations battles, saying new Speaker Paul Ryan can't afford the political mess of a government shutdown.
House lawmakers have filed 270 amendments to a multiyear highway bill that presents the first key test for newly elected Speaker Paul D. Ryan.
Already planning for a GOP president in 2017, Sen. Ted Cruz sent a letter Monday demanding that the Justice Department preserve all documents from its completed investigation into the IRS's tea party targeting, saying too many questions still remain.
Ohio Gov. John Kasich, fighting to rise in the Republican presidential race, says he would allow U.S. companies to repatriate without penalty trillions of dollars they have earned and kept offshore and then create a new system ensuring Americans aren't double-taxed on foreign profits.
When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn't like to talk about: He is the $20 trillion man.
Senate Republicans managed to wrangle enough of their troops to overcome a filibuster early Friday morning and pass the new budget deal, granting President Obama yet another debt holiday, busting the budget caps and boosting spending some $80 billion over the next two years.
With Democrats leading the way, the House passed a budget agreement Wednesday to boost spending in 2016 and 2017 and grant a debt holiday allowing for unlimited federal borrowing into the next president's term -- but not before conservatives mounted one last vote of defiance against outgoing Speaker John A. Boehner.
The budget deal that Republican and Democratic leaders reached this week makes the biggest changes to Social Security in decades, giving Republicans a small victory as they try to sell the agreement to skeptical advocacy groups in Washington and voters back home.
House Oversight and Government Reform Committee Chairman Jason Chaffetz began the impeachment process against IRS Commissioner John Koskinen on Tuesday, accusing him of misleading the public and destroying documents that were sought under a congressional subpoena.
Vice President Joseph R. Biden said Tuesday that the tentative two-year budget agreement is "a good deal" that will prevent another crisis over a government shutdown.
It's the government's equivalent of looking under the couch cushions for every last penny.
The White House and congressional negotiators reached the outlines of a deal Monday to suspend the debt limit and add more discretionary spending to this year's budget, as all sides look to clear the decks ahead of House Speaker John A. Boehner's retirement.
Speaker John Boehner is pushing to finalize the outlines of a deal to fund the federal government before he leaves Congress this week and hands the top House job over to Paul Ryan, congressional officials said Monday.
The IRS is still holding up the nonprofit applications of tea party groups, including one that has been waiting nearly six years for approval, as conservatives panned the Justice Department's announcement last week that it had cleared the tax agency, and former senior executive Lois G. Lerner, of any wrongdoing.
Touching off a furious battle with Congress, President Obama vetoed the defense authorization bill Thursday in a dispute with Republican lawmakers over spending limits and the closing of the Guantanamo Bay detention facility.
Gov. Larry Hogan has announced a $135 million plan to redesign Baltimore's local and express bus systems.
Sen. Bernard Sanders' socialist views have made him a colorful and enticing presence in the Democratic presidential race, but he's under increasing pressure to explain his political philosophy as his plans for massive social programs and huge tax increases start to sink in with voters.
Social Security beneficiaries and federal retirees won't see any raise in their checks next year after a still-sluggish economy sapped inflation in 2015, the government announced Thursday as it reported the smallest deficit of President Obama's time in office.
If you were a half-dozen years behind on your taxes, Uncle Sam would almost certainly be knocking at the door. But at the Internal Revenue Service, millions of dollars are still being spent to upgrade computers to the 6-year-old Windows 7 operating system, which is two generations outdated.
After several years of GOP-imposed constraints the federal government opened the spending floodgates again in 2015, setting a new record with outlays of $3.688 trillion in the just-ended fiscal year.
Social Security recipients won't get a taxpayer-funded raise in 2016 after a still-sluggish economy and a drop in the price index showed seniors' costs haven't risen over the last year, the government reported Thursday.
While demanding an end to many tax breaks, Republican presidential candidates have been reluctant to do much about the biggest one of all: the mortgage interest deduction, which saps tens of billions of dollars from the federal Treasury every year.
The federal government has spent almost $1.5 million over the last five years to study obesity among pregnant women, with a specific focus on minorities.
Federal taxpayers ponied up $60,000 this year to fund a raunchy zombie-themed play -- an expense one senator says is a brainless example of waste within the government.
Obama administration officials promised the fine print of its massive free-trade agreement with other Pacific-Rim nations will be made public within 30 days, as they released a report Thursday showing the deal will cut taxes on more than 18,000 products exported from the U.S.
The city of Cleveland says it is within its rights to tax visiting professional athletes based on the number of games they play a year because taxation is a matter of local jurisdiction.
Senators overcame a filibuster on the annual defense policy bill Tuesday, delivering a significant victory to Republicans and teeing up a battle with President Obama over a threatened veto on the bill, which does everything from raising troops' pay to setting policy for Guantanamo Bay detainees.
Everyone from Democratic presidential front-runner Hillary Rodham Clinton to Rep. Paul Ryan, Wisconsin Republican, wants to scrap the "Cadillac tax" on generous health care plans — a rare bipartisan push to tweak Obamacare — but there is little consensus on how to fill the $90 billion budget hole that a repeal would leave.
Billions of dollars worth of income once destined for tax collectors in Virginia, Maryland and the greater District of Columbia has instead bankrolled official government business elsewhere as new statistics highlight migration patterns among money-makers out of the mid-Atlantic.
The trust fund that helps pay for disability insurance under Social Security is on track to run out of money next year, a shortfall that would trigger a 19 percent cut in benefits. To avert these painful cuts, policymakers should overhaul the program by dropping the progressive benefit structure and replacing it with a flat benefit that will keep recipients out of poverty.
If you ever doubted that Christmas shopping really begins in September, look no further than Uncle Sam.
The House approved a stopgap spending bill Wednesday to fund federal operations for 10 more weeks, clearing the bill for President Obama's signature with several hours to spare before a midnight deadline to keep the government open.
House and Senate Republican leaders have kicked off budget talks with President Obama as Congress searches for ways to get out of yet another shutdown showdown jam later this year.
Planned Parenthood insisted it didn't break any laws and was the subject of an effort to "entrap" it, but the organization's president, Cecile Richards, struggled Tuesday to defend the need for hundreds of millions of dollars in new federal funding every year.
Republican presidential front-runner Donald Trump said he'll probably end up paying more money under the tax plan he unveiled Monday, but that he could end up doing better because of the stronger economy he says the plan will help drive.
The Senate took a major step Monday toward keeping the government open and funded beyond this week, staving off hard-line conservatives' push to threaten a government shutdown over funding for Planned Parenthood, as House GOP leaders settled on a new strategy to force the pro-life issue onto President Obama's desk.
Donald J. Trump unveiled his plan Monday to reshape and simplify the federal tax code, calling for the elimination of taxes on low-income individuals and families, ending the "death tax" and reducing taxes on businesses.
GOP presidential candidate Marco Rubio on Friday rolled out a plan to encourage businesses to provide more paid family leave by providing them with a tax break.
Sen. Rand Paul, the Kentucky Republican running for president, has long been an ardent support of gun rights and a relentless critic of the IRS.
Hundreds of Maryland state fees will be rolled back or eliminated in an effort to save taxpayers more than $50 million over the next five years, Gov. Larry Hogan announced Thursday.
Congressional budget minders say repealing Obamacare's "individual mandate" would save taxpayers more than $305 billion and increase the number of uninsured Americans by 14 million over the next decade.
Former Florida Gov. Jeb Bush is rolling out a tax plan that he says would reduce tax rates for individuals and corporations and help foment growth in the nation's economy.
The IRS has collected roughly $114 million in profits over the past four years from the sales of seized taxpayer assets, but failed in its obligation to protect those Americans' privacy from potential hackers and thieves, an investigation reveals.
Lois G. Lerner used yet another private email account to do government business, the IRS revealed in a court filing late Monday that tries to clear up confusion over the former agency executive's email practices.
Businessman Donald Trump says he's going to come out with a tax plan in the coming weeks that people at hedge funds will not like but that "pretty much everybody else" will love, declaring Friday that he's "the king of the tax code."
Lois Lerner had yet another personal email account used to conduct some IRS business, the tax agency confirmed in a new court filing late Monday that further complicates the administration's efforts to be transparent about Ms. Lerner's actions during the tea party targeting scandal.
Businessman and Republican presidential candidate Donald Trump said Monday that hedge fund workers aren't paying enough in taxes and that he wants to implement a system that will take care of the middle class.
Supporters of convening a new convention to amend the Constitution are determined to make it an issue in the 2016 campaigns, saying slow progress in the state-by-state fight hasn't discouraged them, and they will begin a major advertising push later this month to force the topic into the GOP presidential conversation.
Wisconsin Gov. Scott Walker will sign legislation Wednesday committing state taxpayers to pony up $250 million to help build the Milwaukee Bucks a new basketball arena, drawing fire from tea party leaders, who say it undercuts his claims to be a fiscal conservative champion.
Ten tea party groups are still awaiting approval by the IRS years after they applied for tax-exempt status, Senate investigators revealed Wednesday in a report that recommends the tax agency issue a ban preventing employees who work on nonprofit applications from engaging in political activity.
The federal government spent more than half a million in taxpayer dollars to teach kids how to make video game-style movies that most can learn to create online for free.
The Senate passed a long-sought highway deal Thursday that authorizes projects for six years while paying for only half of it with a patchwork of funding streams, setting up a bid this fall to meld the plan with a roads bill from the House that would rely on tax reform instead.
A federal judge Wednesday rebuked the Obama administration's IRS for refusing to divulge documents, including Lois G. Lerner's emails, and warned that he would hold in contempt those who break his orders.
The IRS sent one of its intrusive scrutiny letters to a nonprofit group in order to throw up a smokescreen and prevent the group from complaining to Congress about poor treatment, according to one of Lois G. Lerner's apparently lost emails, which were recovered by auditors and released by an interest group Tuesday.
Republicans on House Oversight Committee on Monday called on President Obama to oust Internal Revenue Service Commissioner John Koskinen for obstructing the committees investigation into the tax agency's targeting of conservative groups.
Recent Opinion Columns
When politicians insist on "reforming" some program they mismanaged and destroyed, they always turn to the average American and begin explaining the "sacrifice" we have to make in order to save it.
Flawed and cumbersome tax laws afflict taxpayers everywhere, but few are as irksome, as silly and as constitutionally dangerous as Maryland's "stormwater remediation fee," also known as "the rain tax," including whatever penumbras and emanations that followed. Gov.-elect Larry Hogan, a Republican, vowed during his campaign to free taxpayers from the overreaching state law that claims to protect the Chesapeake Bay and other waterways from polluted runoff, flooding and erosion. Together with others, he argues persuasively that it amounts to little more than a weather levy, with accompanying clouds.
The lame-duck Congress that will meet after the Nov. 4 election could lay a few golden eggs that will hatch into a new flock of crony capitalist ducklings. The gold would actually come from taxpayers. The politically well-connected are especially eager about an $18 billion giveaway to wind farms, a tax credit that benefits mostly millionaires and billionaires.
Republican Sens. Mike Lee of Utah and Marco Rubio of Florida recently laid out their vision of tax reform. They are right to push for reform. Our burdensome tax code is one of the major obstacles holding the economy back from reaching its potential. In the process, it is denying countless American families the opportunities they deserve.
If you pay people not to work, what do you think they will do?
A tobacco reduction conference hosted by the World Health Organization, the United Nation's public health agency, took a hostile and alarming turn on Monday when the public was kicked out of the meeting.