Elizabeth Warren

The Vermont senator is considering a second run for president, and said his plan would apply to the wealthiest 0.2 percent of Americans

The billionaire CEO of JPMorgan Chase is OK with tax increases on the wealthy, as long as the revenue goes where he thinks it’ll do the most good.

If Democrats want the wealthy to pay more into the U.S. Treasury, they’ll need to contend with one fact: the rich are very good at dodging taxes.

Democratic presidential hopeful Elizabeth Warren has proposed a wealth tax on Americans worth more than $50 million, a pitch aimed at satisfying the eagerness of progressive voters to confront income inequality.

Shortly before passing a far-reaching but unpopular bill on a party line vote, the Speaker of the House assured critics that people would like it once they felt its benefits.

Republican senators defended the late-night, early-morning debate and vote that produced their sweeping revisions to the U.S. tax code, after criticism from Democrats that the bill’s final version incorporated multibillion-dollar changes made with little discussion.

The Treasury Department’s inspector general is examining whether political considerations interfered with Secretary Steven Mnuchin’s promised analysis of the Republican tax proposal.

A group of seven Senate Democrats and one independent has written a letter to the Financial Accounting Standards Board asking FASB to require multinational corporations to disclose their taxes, profits, and revenues on a country-by-country basis, echoing a recent letter from a group of House lawmakers.

Sen. Elizabeth Warren, D-Mass., and three other Senate Democrats are asking the Federal Trade Commission for a government review of the private companies that have been contracted by the Internal Revenue Service to help collect overdue tax debts.

Four Senate Democrats have written a letter to one of the companies hired by the Internal Revenue Service to collect tax debts after complaints that some of its employees encouraged people to use money from their 401(k) retirement funds or take out a second mortgage to pay off their tax debts.

Senators ask the Public Company Accounting Oversight Board about auditing rules in the wake of a high-profile scandal involving the opening of millions of customer accounts.

The new administration is delivering on bankers’ wish lists and sending shares of the biggest U.S. financial companies soaring.