Tag: tax
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/…
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…
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…
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
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…
Prosecutors unseal indictments against the Trump organization and its CFO
CFO Allen Weisselberg has been charged with tax fraud and tax crimes source
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…
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
Trump Organization CFO’s lawyer expects more indictments to come
ABC News correspondent Aaron Katersky reports on the latest accusation in the criminal tax fraud case against the Trump Organization and its CFO, Allen Weisselberg….
Climate actions at stake as Congress fights over bill
The climate provisions are designed to transform energy and transportation with clean energy tax credits to ramp up the production of renewables, cleaner cars and…
Democrats push for release of full Mueller report, Trump tax returns
Two key members on the House Judiciary Committee and House Ways and Means Committee, Reps. Pramila Jayapal and Dan Kildee, discuss the Democrats’ efforts on…
‘We don’t have a requirement that presidents’ release tax returns: Jay Sekulow
On “This Week,” George Stephanopoulos interviews Trump legal team member Jay Sekulow about the Democrats’ push for the president’s tax returns and the full Mueller…
House Democrats ask the IRS for Trump’s tax returns
The Democratic Party sent a letter the Internal Revenue Service, requesting six years’ worth of the U.S. president’s tax returns. SUBSCRIBE to ABC NEWS: https://www.youtube.com/ABCNews/…
Feds to file new charges against Michael Avenatti
Prosecutors described in a 61-page indictment the celebrity attorney’s alleged decade-long scheme to embezzle and hide millions of dollars from clients. source
Democrats set deadline for IRS to turn over Trump’s tax return
Treasury Secretary Steve Mnuchin dismissed the request, telling reporters that the deadline is arbitrary. source
Border crisis ‘can’t be denied or ignored anymore’: WH press secretary Sarah Sanders
On “This Week,” George Stephanopoulos interviews White House press secretary Sarah Sanders. source
Trump sues to fight subpoena for his financial records
President Donald Trump is also trying to block House Democrats from subpoenaing his former White House counsel, Don McGahn. READ MORE: https://abcn.ws/2GBNgMo Democrats subpoena former…
Trump lost over $1 billion in 10 years: New York Times
The newspaper said it obtained copies of Trump’s tax records from 1985 to 1994, which show “a tumultuous decade of fevered acquisition and spectacular collapse.”…
Trump racked up $1.1B in losses from 1985 to 1994: New York Times
The newspaper did not review the president’s actual tax returns, but says it saw official IRS documents. source
Trump backs ending birthright citizenship | ABC News
President Donald Trump reignited yet another controversy by backing an end to birthright citizenship, a process enshrined in the 14th Amendment. #ABCNews #President #Trump #Birthright…
