Laura Davison
Capitol Hill tax reporterLaura Davison is a Capitol Hill tax reporter at Bloomberg News
Laura Davison is a Capitol Hill tax reporter at Bloomberg News
Fully 69% of registered voters in seven swing states say they favor higher taxes on billionaires, and on people who make more than $400,000 a year.
President Joe Biden's budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight.
President Joe Biden will propose increasing the minimum rates paid by major corporations to 21% and eliminating breaks for companies with high-paid executives Thursday night.
Biden's team agreed to trim $21 billion over a decade from IRS enforcement and $28 billion from prior COVID spending.
President Joe Biden and First Lady Jill Biden paid $169,820 in federal and state income tax on a combined $579,514 in adjusted gross income, according to their annual tax returns.
President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.
The White House plans to target a series of high-profile tax breaks worth tens of billions of dollars for wealthy investors and corporations.
The president is proposing a series of tax increases on billionaires, rich investors and corporations.
Rep. George Santos' first bill in Congress aims to boost the deduction from $10,000 to $50,000.
The former president papered the IRS with a deluge of Freedom of Information Act requests in search of a behind-the scenes look at its deliberations.