Donald Trump

The findings come after a net loss of $31.7 million for the first quarter, which ended with cash, cash equivalents and short-term investments of $759 million.

The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.

President Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts.

Donald Trump's promise to strip Harvard University of its tax-exempt status prompted criticism from former IRS commissioner Charles Rettig.

Trump posted the announcement after weeks of threatening an Internal Revenue Service review of the Ivy League's tax-free treatment.

Republicans aim to pass the tax package through a process that wouldn't require any Democratic votes.

President Trump's tariffs would effectively cause a tax increase for low-income families more than three times higher than what wealthier Americans would pay.

President Donald Trump said he is open to the idea of higher taxes on millionaires but worries that a levy increase could hurt the party.

Trump's remarks are likely to pour cold water on discussions about creating a new 40% tax bracket for people earning $1 million or more.

A dozen states are challenging the presidents "immense and ever-changing" global tariffs in court, alleging they amount to a massive tax on American consumers..