California’s gas taxes will rise on July 1, and new “low carbon” fuel standards will take effect, pushing gas prices up by as much as 65 cents per gallon or more, forcing drivers to pay an estimated $6 per gallon.
Businesses invest more when it’s cheaper to do so. A new study puts numbers on just how much more—and the results could reshape the tax debate unfolding in the U.S. Senate. The paper, released Monday by the National Bureau of
The Trump administration and GOP legislators are using their authority to track the government and private funding that supports the L.A. Riots.
Middle-Class and High-Income Households Gain the Most; Losses Concentrated in Welfare Benefits.
Treasury Secretary Scott Bessent defended a key provision of the Trump administration’s One Big Beautiful Bill, saying it would stop foreign governments from siphoning hundreds of billions of dollars in tax revenue from U.S. companies.
A punitive tax raid on families choosing to pay to send their children to independent schools may cost the exchequer hundreds of millions.
The Fraternal Order of Police, per a video the White House provided exclusively to Breitbart News ahead of its public release, officially endorsed the “Big, Beautiful Bill” on Friday, specifically provisions to remover taxes from overtime pay.
Tariffs aren’t just tools of trade. They’re instruments of tax reform. And in the hands of a new generation of economic nationalists, they’re poised to become something more: a new foundation for American prosperity.
The “One Big Beautiful Bill” that President Donald Trump is urging lawmakers to support would deliver on a number of his tax and border security policy proposals.
On Monday’s broadcast of the Fox Business Network’s “The Bottom Line,” Rep. Chip Roy (R-TX) stated that the Republican tax and spending bill has “a lot of stuff like child tax credits, standard deductions, lower marginal rates for lower-end brackets.
White House press secretary Karoline Leavitt said Monday that Republicans have congressional majorities because Americans voted for the policies put forth in the “One Big Beautiful Bill.”
Members of law enforcement say no tax on overtime would be a “huge advantage” to them, and the White House shared their remarks.
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher said that “there’s no way a person can live” in California “on a normal salary.” And responded to an argument that the state should change its politics by saying, “I
At the U.S. Capitol on May 13, guests at a festive dinner celebrated an anniversary that’s not on any official calendar, but it should be.
On Thursday’s broadcast of NewsNation’s “Cuomo,” Rep. Adam Smith (D-WA) stated that while “state and local taxes, particularly in my state, I think, are a significant problem. But on the federal level, we’ve cut every conceivable tax” and lack of
On Tuesday’s broadcast of CNN’s “Situation Room,” Rep. Ryan Zinke (R-MT) responded to a question on if he would support increasing taxes on the wealthy by stating that “I’ll go back to, probably, Benjamin Franklin, the merchant should not pay
On Monday’s broadcast of NewsNation’s “The Hill,” Rep. Mike Lawler (R-NY) said that the proposed tax plan’s SALT income cap “does not address the fact that you have massively high property taxes in states like New York” and other states
On Friday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Jake Auchincloss (D-MA) stated that increasing taxes on college endowments wouldn’t make any sense since we’re trying to compete with China on research and development. Co-host Kailey Leinz said, [relevant exchange
On Friday’s broadcast of Newsmax TV’s “The Record,” Rep. Darin LaHood (R-IL) stated that “we can’t be bailing out high-tax states like New York, California, Connecticut, New Jersey, even Illinois, my home state” by having a high SALT deduction, which
President Donald Trump said it would be “OK” with him if Republican lawmakers raised taxes on the rich but in the same breath cautioned against it.
On Thursday’s broadcast of CNBC’s “Squawk Box,” Sen. Ted Cruz (R-TX) stated that the same people in the Trump administration who want permanently high tariffs, which are “just taxes on the American people” are also pushing for tax increases on
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” Commerce Secretary Howard Lutnick responded to a question on reports that President Trump is eyeing raising taxes on the wealthy by saying that “he cut it from 39.6 to 37. So, if
Five suburban Republican lawmakers in Democrat states are holding their ground, demanding that the Trump “big, beautiful” bill raise the state and local tax deduction.
On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Greg Murphy (R-NC) said that there need to be guardrails on ending taxes on tips to define what a tip is and who is eligible and “There also should be some income
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher criticized and mocked Republicans and stated that they lied about raising taxes on the wealthy and said that raising taxes on the rich “never really happens” and responded to the
On Monday’s broadcast of the Fox Business Network’s “The Bottom Line,” Sen. Ashley Moody (R-FL) stated that the fact that blue states are “demanding more and more and more federal funding” due to policies that incentivize illegal immigrants to come
Financial commentator and PragerU presenter Carol Roth told Breitbart News Editor-in-Chief Alex Marlow that taxation is akin to holding American taxpayers “at gunpoint,” noting that the the U.S. government confiscates more money in taxes each year than the GDP of every country in the world other than the U.S. and China.
On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” House Ways and Means Committee Chairman Rep. Jason Smith (R-MO) responded to questions on whether he’d support increases on the top income tax rate or the corporate income tax
On Thursday’s broadcast of Newsmax’s “National Report,” White House Principal Deputy Press Secretary and Special Assistant to the President Harrison Fields responded to California’s lawsuit alleging that tariffs are hurting the state by pointing to California’s high taxes of its own
On Thursday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Dan Meuser (R-PA) said that he suggested raising taxes on the high-end income bracket to less than it was before the Tax Cuts and Jobs Act, but still
On Thursday’s broadcast of MSNBC’s “Morning Joe,” Sen. Amy Klobuchar (D-MN) stated that while she has supported “targeted tariffs”, the Trump tariffs are increasing costs for businesses and consumers and argued for an increase in some corporate taxes. Co-host Willie
Consumers in Los Angeles County were shocked Tuesday as a new quarter-percent sales tax, ostensibly to raise funds for services for the homeless, went into effect following a referendum in November.
With Tax Day a little more than two weeks away, Jackson-Hewitt Tax Services has been caught handing out flyers in New York City allegedly advising illegal migrants on how to get up to $14,000 in tax refunds from the IRS.
Mississippi Gov. Tate Reeves (R) signed a bill into law on Thursday that would move towards eliminating the state’s income tax and explained that the state would “no longer tax the work, the earnings, or the ambition of its people.”
On Wednesday’s broadcast of “CNN NewsNight,” Rep. Ro Khanna (D-CA) reacted to Senate Minority Leader Sen. Chuck Schumer (D-NY) criticizing those who don’t like the government taking their money through taxes by saying that Schumer “could stay off the cameras.
Senate Minority Leader Chuck Schumer (D-NY) mocked so-called “greedy” Americans for wanting to keep more of their hard earned money and wanting less government control over their lives.
On Wednesday’s broadcast of CNN’s “The Source,” Sen. Markwayne Mullin (R-OK) said that he thinks President Donald Trump’s economic policies will work and tariffs are tools to open up foreign markets to American businesses and as leverage on other issues,
On Wednesday’s broadcast of the Fox News Channel’s “Special Report,” Fox News Chief Political Analyst Brit Hume said that while Republicans and the Trump administration have been committed to cutting taxes, the first taxes under the Trump administration “are higher.
President Donald Trump addressed a joint session of Congress on Tuesday evening at the U.S. Capitol, where he told Democrat lawmakers that they will never get elected again if they refuse to vote for tax cuts for the American people.
Rep. Scott Perry (R-PA) believes working Americans should keep more of the money they earn and is introducing a bill to codify President Donald Trump’s pledge for no tax on tips, Breitbart News can exclusively reveal.
