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4 mins read

Biden and Trump have wildly different approaches to bringing home prices and rents down

Biden has pushed for more federal involvement in housing policy. Trump proposed massive cuts to fed…

Eliza Relman   


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2 mins read

Biden's Education Department is considering avenues to make 450,000 more workers eligible for a key student-debt cancellation program

The Education Department issued a request for information on expanding Public Service Loan Forgiven…

Ayelet Sheffey   


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2 mins read

Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.

Vermont lawmakers are debating a 3% tax on residents earning more than $500,000 yearly. It would be…

Kenneth Niemeyer   


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2 mins read

Biden says Rick Scott's controversial tax plan is 'extreme, as most MAGA things are'

"If they hadn't put this in print, you'd think I was making it up," the president said in a speech …

Juliana Kaplan,Ben Winck   


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2 mins read

Kyrsten Sinema voices support for minimum corporate tax, breathing life into key funding source for Biden's agenda

A higher corporate tax, which Sinema reportedly opposed in recent weeks, would raise hundreds of bi…

Ben Winck   


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2 mins read

Biden warns corporations like Apple, Disney, and Exxon Mobil that are trying to squash his tax hikes: 'I'm going to take them on'

"It's time for working families, the folks who built this country, to have their taxes cut," Biden …

Ayelet Sheffey   


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2 mins read

Biden roasts 55 companies like Nike and FedEx for paying less in taxes than the price of a cup of coffee

A pumpkin spice latte costs $5 - more than some of America's biggest companies' tax bills, says an …

Juliana Kaplan   


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1 min read

Rep. James Comer on GOP priority for House oversight: 'We view Hunter Biden as a national security risk'

Rep. James Comer, who would be favored to chair the House Oversight and Reform Committee if Republi…

Nicole Gaudiano   


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3 mins read

Biden launches a fiery defense of his tax hikes: 'This is about making the average multimillionaire pay just a fair share'

At times shouting and at times whispering, Biden lit into corporate executives, saying he won't "de…

Juliana Kaplan   


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2 mins read

Biden ditches a corporate tax rate increase in his bipartisan infrastructure deal - for now

Earlier today, President Joe Biden said "we have a deal" on infrastructure. It doesn't include hiki…

Juliana Kaplan,Joseph Zeballos-Roig   


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2 mins read

Biden offers to ditch his rollback of Trump-era tax cuts in major infrastructure concession to GOP

Biden also offered to cut the amount of new spending he's seeking to $1 trillion. Republicans have …

Juliana Kaplan,Joseph Zeballos-Roig   


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1 min read

Biden's tax hike could drag S&P 500 profit growth to a near-standstill next year, says Goldman's chief US stock strategist

Goldman Sach's David Kostin told CNBC S&P 500 earnings growth could be around 2% if the entirety of…

Emily Graffeo   


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2 mins read

Biden's global tax reform with the G-7 is close to the biggest tax breakthrough in 100 years, report says

Treasury Secretary Janet Yellen has been at the forefront of enacting a global minimum tax, and the…

Juliana Kaplan   


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3 mins read

How Joe Biden and Janet Yellen want to transform global taxes

Biden needs to raise revenue, but other countries with lower corporate taxes could lure multination…

Juliana Kaplan   


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3 mins read

McConnell supports long-overdue Kentucky bridge project, but rejects proposed corporate tax hikes to fund the work

McConnell is pushing for a more targeted $600 billion infrastructure plan, devoid of corporate tax …

John L. Dorman   


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3 mins read

Joe Manchin gave a fresh hint on what he wants from a skinny Build Back Better: 'Just fix the tax code'

It's sometimes hard to know what, exactly, Sen. Joe Manchin wants from legislation — but it s…

Juliana Kaplan,Joseph Zeballos-Roig   


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3 mins read

Billionaire JPMorgan boss Jamie Dimon says there's an 'extraordinary number' of tax loopholes that help the rich, and he kind of sounds like Joe Biden

Dimon, long rumored as a potential Treasury Secretary, has ideas on tax reform that prioritize lowe…

Ben Winck   


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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

Biden's billionaires tax is 'better than nothing,' says leading wealth inequality researcher Thomas Piketty

Economist Thomas Piketty wrote the book on inequality. He told the New York Times things are changi…

Juliana Kaplan   


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5 mins read

Black Democrats are growing impatient with Biden's failure to deliver on the voting rights reforms he promised

More than a year into his presidency and a Democratic monopoly of Congress, the Biden administratio…

Kayla Epstein