Tag: tax
Biden has ‘a series of steps to seek to lower gas prices’: White House adviser l ABCNL
ABC News’ Linsey Davis spoke with Council of Economic Advisers member Heather Boushey about President Joe Biden’s call on Congress to suspend the federal gasoline…
Biden calls on Congress to suspend federal gas tax for 3 months l ABCNL
As gas prices increase globally, the Biden administration is hoping to relieve consumers in the U.S. with a federal gas tax holiday. WATCH the ABC…
Biden again blames Putin for global gas price increase l ABCNL
President Joe Biden called for a federal gas tax holiday Wednesday and doubled down on claims that Russia’s invasion of Ukraine and price gouging are…
All eyes on Federal Reserve as interest rates expected to rise
Many families already feel the impact of inflation on a daily basis. WATCH the ABC News Livestream: https://bit.ly/3rzBHum SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP WATCH MORE…
Treasury secretary speaks out about struggling economy
Janet Yellen said inflation is unacceptably high. WATCH FULL EPISODES OF WORLD NEWS TONIGHT: https://abc.com/shows/world-news-tonight WATCH WORLD NEWS TONIGHT ON HULU: https://bit.ly/3iQLwPp #worldnewstonight #abcnews #janetyellen…
Congress urges Biden to act on baby formula shortage
ABC News’ National Policy reporter Anne Flaherty reports on the FDA’s latest efforts to get baby formula back on shelves, as well as the latest…
How to file for a tax extension
Filing for an extension does not give you more time to pay, only more time to file paperwork. source
By the Numbers: Tax day | ABCNL
Individual income tax returns are due Monday, as the IRS still works to clear a backlog of unprocessed returns from 2021. ABC News Live Prime,…
By the Numbers: Top income earners and their taxes l ABCNL
A ProPublica report details the 400 top earners from 2013 to 2018 based on new IRS data, and how many of them paid lower tax…
Biden rolling out 2023 budget wish list l ABCNL
President Joe Biden rolled out his $5.8 trillion 2023 budget wish list Monday. Included in the proposal, is a minimum 20% tax on households worth…
Federal investigation into Hunter Biden’s tax affairs l WNT
The Justice Department investigation into the tax affairs of President Joe Biden’s son, Hunter Biden, has reportedly intensified and sources said witnesses have been testifying…
New relief from rising gas prices
More states are opting to suspend their gas tax as average prices reach $4.26 a gallon. ABC News’ Rhiannon Ally reports. source
The Rundown: Top headlines today: Jan. 10, 2022
Stay up to date on the developing stories making headlines. ABC News Live Prime, Weekdays at 7 EST & 9 EST WATCH the ABC News…
Democrats scramble to rescue Biden’s ‘Build Back Better’ agenda l GMA
President Joe Biden and Senator Joe Manchin spoke for the first time since the senator said he would not support the nearly $2 trillion spending…
Manchin raises concerns over billionaires’ tax
Democrats on Wednesday scrambled to close the deal on President Joe Biden’s social spending legislation, focusing on ways to pay for the package. Sen. Joe…
Democrats propose billionaires tax to help fund Biden’s economic agenda l GMA
ABC News’ Rachel Scott reports on the latest efforts from Democrats to help pay for the president’s nearly $2 trillion economic package. LEARN MORE: Democrats…
President Biden getting closer to completing social spending framework
Republican Congressman Kevin Brady of Texas speaks on the framework of President Joe Biden’s social spending bill, including the potential billionaires’ tax plan. WATCH the…
President Trump speaks out in new interview
In an interview with “60 Minutes,” the president touted his administration’s tax cuts and says he was “tough” with Vladimir Putin. source
Shutdown concerns grow as more IRS employees skip work
Plus, federal workers who will miss their second paycheck will now have to pay their dental and vision insurance premiums out of pocket. WATCH FULL…
IRS facing backlog of more than 5 million pieces of mail: Internal audit
Many taxpayers have complained that they are seeing smaller tax refunds this year and the IRS says the average refund is down 8.4 percent. WATCH…
