Top 10 U.S. Billionaires Gain $698 Billion as Millions Struggle to Survive, Oxfam Warns
Trump’s policies have driven inequality to unprecedented levels, the report warns.
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Category: Tax Policy
Colorado Lawmakers Launch Emergency Session After Federal Cuts Leave $1 Billion Budget Hole
Colorado faces urgent $1.2 billion shortfall after Trump-era tax breaks
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Trump’s Tax Law Will Benefit the Rich While Hurting the Poorest Americans
Trump’s tax cuts primarily benefit the wealthiest Americans, with the poorest seeing a loss.
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Trump Removes IRS Commissioner Billy Long After Clash Over Immigration Data
IRS faced pressure to use taxpayer data to locate illegal immigrants, refusing to comply.
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8 Ways British Taxes Accidentally Fueled the American Revolution
British taxes weren’t meant to provoke rebellion, but each act pushed the colonies closer to unity, anger, and ultimately, independence.
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Trump’s Proposal to End Capital Gains Tax on Home Sales Sparks Debate Over Housing Fix
Explore the latest changes in capital gains tax regulations impacting home sales, unlocking potential savings for homeowners.
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SALT Deduction Expansion Promises Major Tax Relief for High-Tax Illinois Residents
“Illinois taxpayers benefit as the SALT deduction cap increases, easing the burden on state residents by allowing greater tax relief.”
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Florida Governor DeSantis Targets Tax Transparency with Expanded Local Audits
DeSantis broadens audits for local governments while criticizing high property taxes, aiming to increase budget transparency in Florida.
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Ohio Republicans Question DeWine’s Property Tax Vetoes
Republican leaders questioned the governor’s vetoes, which they believed would have curbed property tax growth
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Lawmakers Raise SALT Cap to Provide Relief to Homeowners in High-Tax States
Deal passes after months of negotiation, benefiting high-property-tax states.
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