IRS Commissioner Avoids Questions on Trump’s Taxes

IRS Commissioner John Koskinen came to Congress Wednesday to defend himself against Republican calls to impeach him, but he also had to deflect Democrats’ repeated questions about what could become the most significant documents of 2016: Donald Trump’s tax returns. The Internal Revenue Service, maligned by Republicans during the Obama administration amid accusations the agency had targeted conservative groups for […]

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Most Americans Think the Wealthy Don’t Pay ‘Fair Share’ of Taxes, Poll Says

Overall, 59% of Americans think Congress needs to “completely change” Americans’ chief complaint about the federal tax system is the feeling that some corporations and wealthy individuals are not paying their fair share of taxes, according to a poll released Thursday. The Pew Research Center poll conducted in late February found that 64% of Americans are bothered “a lot” by […]

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Mister Taxman: Why Some Americans Working Abroad are Ditching Their Citizenships

Why is Tina Turner switching from American to Swiss citizenship? The legendary singer, a longtime Zurich resident, told the Blick newspaper that she has been very happy in Switzerland and “can’t imagine a better place to live.” But some observers believe she may be one of thousands of American expatriates who have taken the drastic and irrevocable step of giving […]

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Congress Approves Cliff Deal, Signaling Future Fights

Congress’ excruciating, extraordinary New Year’s Day approval of a compromise averting a prolonged tumble off the fiscal cliff hands President Barack Obama most of the tax boosts on the rich that he campaigned on. It also prevents House Republicans from facing blame for blocking tax cuts for most American households, though most GOP lawmakers parted ways with Speaker John Boehner […]

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Will Republicans Drive Voters Away With Too Much Tax Talk?

It’s not exactly a secret  that Republicans hate taxes. The speeches at the Republican national Convention this week have been peppered with talk of tax cuts and the evils of “overtaxation.” And the Republican party platform, approved on Tuesday, goes even further: In a passage that might as well have been written by Ayn Rand, the Repubs declare that “[t]axes, […]

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