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4 mins read

The illegal maneuvers the rich use to get richer

One white-collar defense attorney told BI there are "routine" schemes that the wealthy "often endea…

Natalie Musumeci   


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3 mins read

Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'

Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…

Katherine Tangalakis-Lippert   


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4 mins read

How a Montana retiree will save on spiking home insurance and taxes by living in a type of housing that's illegal in many places

Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging th…

Eliza Relman   


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2 mins read

Income Tax Department seizes record ₹1,100 crore cash and jewellery in Lok Sabha elections 2024

As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore w…

ANI   


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5 mins read

Hush money isn't illegal, it's 'democracy,' Trump lawyer says in defiant trial opening statements

Opening statements in Donald Trump's hush-money trial began Monday. A prosecutor said the case is a…

Laura Italiano,Natalie Musume…   


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2 mins read

Higher cash seizures being recorded by I-T dept every assembly polls: CBDT

Cash seizures made by the Income-tax department during successive assembly elections have shown a s…

PTI   


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2 mins read

The American dream is 'rapidly diminishing,' Walgreens boss says in plea to raise taxes for the wealthy

John Driscoll, a Walgreens exec, wants lawmakers to tax millionaires like himself more to preserve …

Jordan Hart   


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2 mins read

Billionaire Leon Cooperman says Biden's billionaire tax is 'stupid,' 'probably illegal,' and 'won't pass'

"They should stop attacking wealthy people and attack the tax code. They're so ignorant," the billi…

Juliana Kaplan   


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3 mins read

Special monitor suggests Trump falsified disclosures over $48 million loan in what could be tax evasion, report says

A letter by a court-appointed monitor overseeing Donald Trump's business fraud case indicated he ma…

Katherine Tangalakis-Lippert   


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3 mins read

Nearly half of sports gamblers like those who bet on the World Cup still do it illegally, and it's costing your state millions in tax revenue

Illegal gambling costs the US billions in tax revenue, as half of bettors still take illegal routes…

Jacob Zinkula   


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1 min read

Frozen Russian assets should be taxed to fund Ukraine's rebuild, Treasury Secretary Janet Yellen says

Janet Yellen signaled her support for a plan to tax profits made on frozen Russian assets on Wednes…

George Glover   


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2 mins read

New York prosecutors continue investigating whether Trump illegally manipulated the value of his Westchester golf club

Prosecutors are probing whether Trump and his company inflated the club's value to attract large lo…

Eliza Relman   


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2 mins read

Punjab emerges as the hub for sale of illegal and cheap cigarettes

Official sources told IANS it seems the tax evasion by both the distributors is of nearly ₹50 …

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2 mins read

Joseph Zeballos-Roig   


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2 mins read

Elon Musk says Biden's desire to tax the ultra-rich would 'upset a lot of donors'

Elon Musk took a dig at wealthy Democratic donors and President Joe Biden's plans to tax the rich i…

Grace Kay   


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2 mins read

US authorities are investigating the 'illegal' leak of billionaires' tax information, including data on Jeff Bezos, Elon Musk, and Warren Buffett

ProPublica published a report on the income and tax payments of Jeff Bezos, Elon Musk, Bill Gates, …

Kate Duffy   


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2 mins read

Lauren Boebert is being accused of illegal campaign spending and using her own leadership PAC 'as a personal bank'

Boebert is accused of spending $60,000 on "get out to vote" calls and texts while failing to declar…

Aditi Bharade   


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3 mins read

Vivo's offices caught with 2 kilo gold bars after sending ₹62,000 crore back to China – all you need to know on the ED probe

Chinese smartphone maker Vivo is currently in hot waters with the Enforcement Directorate (ED) in I…

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4 mins read

DeSantis-picked board seeks new taxes and affordable housing at Disney after the company's 'blatant and hostile' grab for control

"Disney engaged in a caper worthy of Scrooge McDuck to try to evade Florida law," a lawyer represen…

Kimberly Leonard   


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5 mins read

5 reasons to applaud the smart, speedy jury that convicted the Trump Organization of tax fraud

They cut through 10 days of dense financial testimony and stacks of spreadsheets to reach the right…

Laura Italiano