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How The IRS Failed To Curtail Much-Abused Fat-Cat Loophole

In November, Rettig announced an escalation — including the launch of criminal investigations — in the agency’s attempts to stymie syndicated easements. The post How The IRS Failed To Curtail...

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DeBlasio Asks New York District Attorney To Probe Trump Taxes

De Blasio said Friday that he had asked Manhattan’s district attorney to investigate discrepancies ProPublica and WNYC revealed last fall between what President Donald Trump’s company reported in...

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Treasury Inspector General Probes Trump Tax Cut Abuse

The Treasury Department’s inspector general is looking into the opportunity zone program following stories by ProPublica and The New York Times about how the tax break meant to help the poor had been...

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Trump Tax Cut Saved Billions For Banks That Cut US Jobs

Donald Trump promised the 2017 Republican tax law would create jobs and support the middle class. Instead, six big banks have pocketed an additional $32 billion in savings. The post Trump Tax Cut Saved...

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Republican Legislators Made Millions From Passing Trump Tax Cut

Although the Tax Cuts and Jobs Act of 2017 did precious little to reduce the tax burden of middle-class Americans, it has been great for millionaires. The post Republican Legislators Made Millions From...

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Mnuchin Again Insists 2017 Tax Cuts Will ‘Pay For Themselves’

Mnuchin and other Republicans claimed the law would pay for itself when it first passed, too, even though independent analyses pointed out that it could add up to $1.7 trillion to the deficit. The post...

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Trump Tweet Extorts Gov. Cuomo Over Tax Probe

Trump, on Thursday, tweeted, “I’m seeing Governor Cuomo today at The White House. He must understand that National Security far exceeds politics. The post Trump Tweet Extorts Gov. Cuomo Over Tax Probe...

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Mnuchin May Use Coronavirus To Urge Tax Cuts

On Tuesday morning, Treasury Secretary Steve Mnuchin further confirmed that tax cuts were being discussed within the administration. The post Mnuchin May Use Coronavirus To Urge Tax Cuts appeared first...

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Trump Organization Paid Bribes To Reduce Property Taxes, Assessors Say

The Trump Organization paid bribes, through middlemen, to New York City tax assessors to lower its property tax bills for several Manhattan buildings in the 1980s and 1990s. The post Trump Organization...

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Grifting The Pandemic: Another Big Tax Cut For The Rich

On the night Congress was told that between 70 million and 150 million of the 330 million of us are likely to become infected Trump’s mind turned to tax cuts. The post Grifting The Pandemic: Another...

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