Republican leaders on Capitol Hill and their anti-tax allies are moving quickly to crush conservative proposals for a carbon tax before they even have time to breathe.
Taxes & Budget
Coverage of the national budget and your taxes.
By Stephen Dinan - The Washington Times
President Trump's pick to be White House budget director ran into a bipartisan buzz saw on Capitol Hill on Tuesday with Democrats blasting Rep. Mick Mulvaney's support for raising the Social Security retirement age and Republicans fretting that the South Carolinian would decimate the military -- both reactions serving as early indicators of the difficulties Mr. Trump faces in putting together his first national budget. Published January 24, 2017
The IRS is offering extended telephone help desk Saturday and even Monday, a federal holiday, to help taxpayers get a start on their filings.
Brushing aside questions about his advisers' connections to Russia, President Trump told retail executives Wednesday that he's concentrating on cutting taxes and regulations to create more jobs for the middle class and stronger business growth.
The IRS is no longer requiring that tax returns indicate that a person has health insurance under Obamacare -- a move that Reason magazine called a major blow to the law's individual mandate.
Colorado's legal marijuana dispensaries sold $1.3 billion worth of pot during 2016, according to tax data released Thursday, signaling the state's best year since legalizing recreational weed in 2013.
A panel of four-star U.S. military officers is delivering lawmakers a bleak picture about the state of the armed forces.
More than half of IRS employees found to have intentionally cheated on their taxes last year were allowed to keep their jobs, according to numbers released by the inspector general that suggest the agency is still reluctant to punish its own staffers for breaking tax laws.
After spending more than $22 million on the Dakota Access pipeline protest, North Dakota wants to make sure any paid activists remember to submit their state income taxes.
At a White House breakfast meeting, President Trump upped the pressure on U.S. automakers to keep plants and jobs in the U.S. but also promised that he was making the nation an easier place to do business.
There are growing concerns that President-elect Donald Trump and lawmakers on Capitol Hill are ignoring the national debt and that it will continue to soar over the coming years as elected leaders vow to increase military spending, cut taxes and push back against changes to entitlement programs.
Senate Republicans are poised to restore earmarks unless opponents muster the votes to stop them in a secret ballot Tuesday. House Speaker Paul D. Ryan, Wisconsin Republican, is under severe pressure from his members and has agreed to study the issue.
The IRS made the 2015 tax season more painful for taxpayers than it should have been, the agency's inspector general said in a report Thursday that accused the agency of cutting money for customer service and ignoring phone calls while moving the money over to keep Obamacare and other administration priorities on track.
President-elect Donald Trump on Tuesday threatened to impose a "big border tax" on General Motors if the automobile giant doesn't shift some its production back to the United States.
For the last time, taxpayers are paying for a Hawaiian Christmas vacation for President Obama and his family, an annual luxury getaway that has cost the Treasury easily more than $35 million over eight years.
A key Republican lawmaker wants to overhaul Social Security, the decades-old program that provides benefits to some 60 million retirees and disabled, with a plan to gradually increase the retirement age and slow the growth of benefits for higher-income workers.
Donald Trump tweeted Tuesday that he wants to cancel the White House order for a new $4 billion Air Force One, as the president-elect keeps playing hardball with American businesses.
U.S. employers added a solid 178,000 jobs in November, reflecting the steady economy President-elect Donald Trump will inherit. And the unemployment rate hit a nine-year low of 4.6 percent, though mainly because many people stopped looking for jobs and were no longer counted as unemployed.
The Republican-led House is pushing ahead with a $611 billion defense policy bill that prohibits closing the prison at Guantanamo Bay, Cuba, forbids the Pentagon from trimming the number of military bases and awards U.S. troops their largest pay raise in six years.
Donald Trump will nominate Steve Mnuchin, who has ties to both Wall Street and Hollywood, to be treasury secretary, according to a report Tuesday.
Congress agreed to boost the active-duty strength of the military and maintained a ban on shipping terrorism suspects from Guantanamo Bay to the U.S. in the annual defense policy bill, negotiators said Tuesday.
An immigration reform group this week said it will ask the Internal Revenue Service to investigate the Southern Poverty Law Center and strip the civil rights watchdog of its tax exempt status over what it described as illegal political activity undertaken prior to the Nov. 8 presidential election.
A surprising number of IRS employees are sending unencrypted emails containing personal taxpayer information to private accounts, putting that information at risk of being stolen, the agency's inspector general said Thursday.
The government said Friday the labor market continued to improve in October, with the unemployment rate dropping to 4.9 percent, as employers added 161,000 jobs last month.
U.S. employers added a decent 161,000 jobs in October, and the unemployment rate dipped to 4.9 percent from 5 percent. It was the final major report on a lukewarm but durable economy before Americans choose a new president next week.
Despite more problems at the Department of Veterans Affairs, the agency handed out more than $177 million in bonuses in fiscal 2015 to nearly 189,000 employees.
The Dec. 8 grand opening of the MGM National Harbor's casino heralds new jobs and revenue in Prince George's County amid concerns that it will merely siphon revenue from Maryland's other gambling palaces rather than generate new tax dollars.
The scam is familiar: Someone pretending to be an IRS agent calls and says you owe back taxes and must pay up now or risk arrest.
A "boys' weekend" of golf with Tiger Woods in 2013 was fun for President Obama, but it was a triple-bogey for taxpayers.
Donald Trump's tax and spending plans would explode the deficit, according to independent analyses, but tea party voters, the political movement born as a protest against government debt, are still willing to roll the dice with the billionaire businessman, saying he is the closest thing they have to a political home this year.
Social Security beneficiaries will see only a small automatic cost-of-living increase of three-tenths of a percent next year, the agency announced Tuesday, as a still-struggling economy held down inflation.
Millions of Social Security recipients and federal retirees will get only tiny increases in benefits next year, the fifth year in a row that older Americans will have to settle for historically low raises.
A federal judge has ordered the IRS to finally clean up the tea party targeting mess, giving the tax agency less than a month to decide on a handful of applications that are still pending more than three years after officials first admitted they were targeting the conservative groups and subjecting them to intrusive scrutiny.
President Obama and Congress suffered a massive budget relapse over the last year, sending the deficit soaring by a staggering 34 percent in fiscal 2016, according to the final numbers released Friday.
The nonpartisan Tax Policy Center said Donald Trump's plan is more generous to taxpayers than Hillary Clinton's but does far more damage to federal revenue.
U.S. employers added 156,000 jobs in September, a decent gain that reflects a healthy economy but also a sign that hiring has slowed from its robust pace last year.
Indian police have arrested 70 people and are questioning hundreds more after uncovering a massive scam to cheat thousands of Americans out of millions of dollars by posing as U.S. tax authorities and demanding unpaid taxes, a police officer said Thursday.
Seeking to right his struggling campaign, GOP presidential nominee Donald Trump defended his tax history Monday, blaming politicians for writing laws he used to avoid hefty tax bills, and vowing to put that financial wizardry to use in the White House.
The Obama administration said Monday it can start developing better ways to detect the Zika virus and knock out mosquitos that carry the disease, while forging ahead with a vaccine trial that began in August, now that Congress has broken a months-long stalemate and posted $1.1 billion for the fight.
Vice President Joseph R. Biden slammed Donald Trump Monday for not paying federal income taxes, seizing on a report that the Republican nominee may have taken advantage of a loophole to avoid tax payments for 18 years.
Corey Lewandowski, Donald Trump's former campaign manager, said Monday he hopes Mr. Trump sues The New York Times "into oblivion" for publishing a story over the weekend showing Mr. Trump reported a nearly $1 billion loss on a 1995 tax return.
An Iranian-designed bomb on a route south of Baghdad shattered Patrick Hanley's arm, skull and life on March 29, 2008, sending the Army soldier to shifting addresses on a grueling tour of military hospitals and mental health centers that strive to make service members whole again.
Hillary Clinton is threatening to raise their taxes, but wealthy Americans don't appear to mind — they've given to her presidential campaign at record rates.
Hillary Clinton keeps bashing the Trump tax plan as "Trumped up trickle down economics." This class warfare card has become the standard and tired response to every Republican tax plan reform for 30 years. No wonder we haven't cleaned out the stables of the tax code since the Reagan era. Democrats have no interest.
Donald Trump's team said Sunday that he wasn't just smart but a "genius" after a leaked tax return from the 1990s showed a nearly $1 billion write-off that likely got him out of paying taxes for years, but it also buttressed accusations by Hillary Clinton that he has avoided taxes.
President Obama signed a short-term spending measure Thursday afternoon to keep the government funded through Dec. 9, averting a potential shutdown that would have occurred Friday.
Hillary Clinton on Thursday doubled down on her claim that Donald Trump has paid no federal taxes in recent years, telling an Iowa crowd that her Republican foe sets a poor example for the rest of the country.
Barreling into a thorny election season, Republican leader Mitch McConnell said America's decision to entrust the Senate to his party in 2014 been a resounding success and should continue in the new year.
The White House on Tuesday ridiculed Donald Trump's assertion that Federal Reserve Chairwoman Janet Yellen is playing politics in her management of the central bank by keeping interest rates low during President Obama's tenure.
Vice President Joseph R. Biden said Tuesday that the first presidential debate showed Republican Donald Trump lacks the "moral center" to lead the nation.
Greed: A selfish and excessive desire for more of something (as money) than is needed. A continual lust for more.
The White House warned Friday that President Obama might not sign a spending bill to keep the government running beyond next week unless Congress changes current law and requires corporations to disclose campaign donations.
With negotiations stalling, Senate Republicans offered a plan Thursday to keep the government open on stopgap funding through Dec. 9 -- but Democrats said they'll oppose it, setting up yet another shutdown showdown next week.
Immigration is a massive drain on the government, with immigrants taking as much as $296 billion more in benefits than they pay in taxes, according to a new authoritative study by the National Academies of Science, Engineering and Medicine, which found the record level of newcomers is straining the country.
He admitted that the IRS bungled tea party applications and that he gave wrong information to Congress, but Commissioner John Koskinen told lawmakers Wednesday he didn't mean to mislead anyone and said ousting him from the troubled tax agency would stall the progress he has made in cleaning things up.
Despite slow growth in the global economy, some countries -- most notably China -- are producing large amounts of steel. The Organization for Economic Co-operation and Development estimated that global steelmaking capacity last year exceeded global demand by approximately 700 million metric tons
Donald Trump promised to usher in a new era of economic prosperity, saying Thursday that his plans for tax cuts and new trade deals could pave the way for 4 percent annual growth and 25 million new jobs over the next decade.
House GOP leaders will hold impeachment hearings on IRS Commissioner John Koskinen next week, conservatives announced late Wednesday, just hours before they were poised to force an impeachment vote on the chamber floor.
House conservatives pulled the trigger Tuesday on the process to begin impeachment of IRS Commissioner John Koskinen, rejecting appeals from fellow Republicans and from the commissioner himself to set the matter aside.
Republican presidential nominee Donald Trump said Monday that President Obama is holding down interest rates and that the Federal Reserve is "obviously not even close to being independent."
President Obama is meeting with the top four leaders of Congress Monday afternoon to negotiate an election-season agreement to keep the government open beyond Sept. 30, including the likely addition of more than $1 billion to address the Zika crisis.
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.