Tag: tax

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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…

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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…

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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…

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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…

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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…

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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

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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…

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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…

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Inside the IRS leak that revealed billionaires’ tax avoidance strategies

ProPublica journalists obtained files showing many of the nation’s wealthiest people routinely avoid paying income tax. SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on http://abcnews.go.com/…

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Many of America’s wealthiest pay little to no income tax | WNT

ProPublica reported that the richest 25 Americans legally pay less in income tax than most American workers. The IRS is investigating how the publication obtained…

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Fauci, Biden urge COVID-19 vaccinations as delta variant now dominant in UK | ABC News

A new dangerous COVID-19 variant spreading among young people across the country and abroad has health officials concerned. Plus, a new ProPublica report finds that…

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G-7 nations to donate 1 billion vaccine doses to needy countries

World leaders also agreed to a 15% global corporate tax rate ahead of the summit. source

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White House deputy secretary on American Rescue Plan’s child tax credit

Among other benefits set to be sent out to families next month, the child tax credit gives $3,000 per child or $3,600 if the child…

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Prosecutors unseal indictments against the Trump organization and its CFO

CFO Allen Weisselberg has been charged with tax fraud and tax crimes source

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Trump Organization and CFO to face charges on tax evasion l GMA

Former President Trump’s namesake company expects to face criminal charges by the Manhattan District Attorney’s Office as soon as Thursday, sources tell ABC News. READ…

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Biden gives update on expanding Child Tax Credit

Monthly payments to middle-class families with children that make $150,000 or less began Thursday. #childtaxcredit #childpoverty #workingclass #families source

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