
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
Moderate and progressive Democrats are on a collision course over how to pay for the administration's economic agenda.
The plan offers the clearest picture yet of the higher levies that companies could be paying from next year.
The House Speaker and a group of centrist Democrats will resume talks after hours of negotiations failed to break a stalemate late Monday.
Rich Americans may have to wait until deep into the fall, or later, to find out how much they'll owe.
Declines in income and boosts to government subsidies wiped away tax liabilities.
Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.
Wyden’s proposed legislation would require them to pay tax annually on unrealized gains.
A bipartisan group released an alternative cryptocurrency revenue-raising plan.
Two senior Democrats are proposing a bill that would go further than President Joe Biden’s plan and potentially raise quadruple the revenue.
Senators Ron Wyden and Pat Toomey are drafting a proposal to overhaul a cryptocurrency provision in the $550 billion bipartisan infrastructure bill that traders and investors have criticized as being overly broad and impractical.