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Democrats to introduce bill aimed at resurrecting IRS Direct File

Democrats to introduce bill aimed at resurrecting IRS Direct File

Emma Roth, The Verge

160 Democratic lawmakers from across the country are backing a soon-to-be-introduced bill that would reverse the Trump administration's decision to eliminate IRS Direct File. The Direct File Act, led by Sen. Elizabeth Warren (D-MA) and Rep. Brad Sherman (D-CA…

Policy & LegislationTaxes

Feb 26, 2026, 4:17 PM

Tax credits for solar panels are available, but the catch is you can't own them

Tax credits for solar panels are available, but the catch is you can't own them

Jeff Brady, NPR

Rooftop solar installers are steering customers toward leases instead of purchases. Federal tax credits for purchased systems have ended but are still available for leased ones.

TaxesEnergy

Feb 25, 2026, 9:40 AM

How to use AI for your taxes — and how not to use it

How to use AI for your taxes — and how not to use it

Adam Clark Estes, Vox

Tax season starts early this year. Or at least it should for you, because this one is a doozy. Thanks to the One Big Beautiful Bill Act (OBBBA), which Congress passed in 2025, there are some significant and potentially confusing changes coming to your tax ret…

TaxesPolicy & LegislationTechnology Regulation

Feb 24, 2026, 11:30 PM

Bernie Sanders Hits Billionaires Hard At L.A. Pro-Tax Rally

Bernie Sanders Hits Billionaires Hard At L.A. Pro-Tax Rally

Susie Madrak, Crooksandliars.com

Bernie Sanders rallied support in Los Angeles Wednesday night for a controversial proposed wealth tax in California. You are probably familiar with Bernie's greatest hits, but the crowd didn't seem to mind hearing the oldies. “Do you know what the most signif…

TaxesPolicy & LegislationEconomy & Finance

Feb 22, 2026, 2:15 PM

So Sorry

So Sorry

Ratt, Crooksandliars.com

Happy Sunday morning here at Crooks and Liars. Let's be happy about how pissy SCOTUS made Trump on Friday, so pissy he slapped a 15% tax on everyone in the world. Have you ever seen such a spoiled rotten man-baby? It's another week with more Epstein revelatio…

Legal & JusticeTaxes

Feb 22, 2026, 1:00 PM

WATCH: Proposed billionaire tax divides Democrats

WATCH: Proposed billionaire tax divides Democrats

ABC News, Abcnews.com

A proposed one-time 5% tax on billionaires in California is causing division between prominent national Democratic Party figures as the party seeks a unifying message ahead of the 2026 midterms.

Policy & LegislationTaxesElections & Politics2026 Midterms

Feb 19, 2026, 5:41 PM

Will Capping Credit-Card Interest Rates Help Ordinary Americans?

Will Capping Credit-Card Interest Rates Help Ordinary Americans?

Jeffrey Frankel, Project Syndicate

The federal cap on credit-card interest rates that US President Donald Trump has proposed would, in theory, prevent issuers from gouging customers. But not everyone agrees that this would be good for Americans, especially lower-income households that are ofte…

Economy & FinanceTaxes

Feb 16, 2026, 5:07 PM

Japan’s Takaichi vows to deliver on tax cuts after LDP’s ‘historic’ win

Japan’s Takaichi vows to deliver on tax cuts after LDP’s ‘historic’ win

Al Jazeera Staff, Al Jazeera English

LDP looks set to secure 316 seats in Japan's 500-member house, marking its best result since its founding in 1955.

TaxesPolicy & LegislationElections & Politics

Feb 9, 2026, 6:23 AM

Get ready for a tax season run by a much smaller IRS

Get ready for a tax season run by a much smaller IRS

Juliana Kaplan,Ayelet Sheffey, Business Insider

Trump promised Americans higher tax refunds this year, but staffing cuts at the IRS could lead to customer service delays.

TaxesGovernment & Administration

Feb 8, 2026, 9:20 AM

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Alice Tecotzky,Polly Thompson, Business Insider

Dimon warned at Davos that Trump's credit card interest rate cap could harm 80% of Americans.

Economy & FinanceTaxes

Jan 21, 2026, 3:20 PM

Millionaires ask leaders at Davos to tax the rich

Millionaires ask leaders at Davos to tax the rich

Shubhangi Goel, Business Insider

The letter said that a handful of those with extreme wealth are negatively influencing nearly every aspect of society.

Economy & FinanceTaxesSocial Issues & Culture

Jan 21, 2026, 7:02 AM

JPMorgan Warns 10% Credit Card Rate Cap Would Backfire on Consumers and Economy

JPMorgan Warns 10% Credit Card Rate Cap Would Backfire on Consumers and Economy

msmash, Slashdot.org

JPMorgan Chase's chief financial officer Jeremy Barnum pushed back hard on Tuesday against President Donald Trump's proposed 10% cap on credit card interest rates, calling the measure "very bad for consumers" and "very bad for the economy" during a call with …

Economy & FinanceTaxesConsumer Protection

Jan 13, 2026, 4:05 PM

Trump's big swing at credit card interest rates targets a growing American problem

Trump's big swing at credit card interest rates targets a growing American problem

Ayelet Sheffey,Juliana Kaplan, Business Insider

Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing profit at consumers' expense.

Economy & FinanceTaxesConsumer Protection

Jan 13, 2026, 9:55 AM

Klarna CEO backs Trump's 10% credit card cap, criticizing rewards as built on poorer borrowers' debt

Klarna CEO backs Trump's 10% credit card cap, criticizing rewards as built on poorer borrowers' debt

Huileng Tan, Business Insider

Even people who don't use credit cards pay more for everyday goods because merchants raise prices to cover card fees, said Klarna's CEO.

Economy & FinanceTaxes

Jan 13, 2026, 5:48 AM

Trump calls for a 10% cap on credit card interest rates

Trump calls for a 10% cap on credit card interest rates

Stephan Bisaha, NPR

With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.

Economy & FinanceTaxes

Jan 12, 2026, 8:51 PM

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

KEN SWEET and SEUNG MIN KIM, Yahoo Entertainment

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions...

TaxesEconomy & FinanceConsumer Protection

Jan 10, 2026, 4:30 PM

'This is a mistake President': Bill Ackman responds to Trump's call for a one-year 10% cap on credit card interest

'This is a mistake President': Bill Ackman responds to Trump's call for a one-year 10% cap on credit card interest

Nathan Rennolds, Business Insider

President Donald Trump on Friday called for a 10% cap on credit card interest for one year.

Economy & FinanceTaxes

Jan 10, 2026, 2:08 PM

When can you file taxes in 2026? Federal and state deadlines, extensions, and refunds

When can you file taxes in 2026? Federal and state deadlines, extensions, and refunds

Allie Kelly, Business Insider

Everything to know about tax season in 2026: What forms you need, when to file, federal and state deadlines, and how to avoid penalties.

TaxesEconomy & Finance

Jan 10, 2026, 9:48 AM

Tax refunds could be up. When will the IRS accept returns in 2026?

Tax refunds could be up. When will the IRS accept returns in 2026?

Susan Tompor, Detroit Free Press, USA Today

Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal income tax returns.

TaxesEconomy & Finance

Jan 1, 2026, 5:30 PM

Now That He Has No Power, Mitt Romney Says "Tax the Rich"

Now That He Has No Power, Mitt Romney Says "Tax the Rich"

Jacobin.com

Mitt Romney recently published a New York Times op-ed arguing for higher taxes on the rich. When he was in a position to actually sculpt the GOP platform and the tax policy of the US, Romney was an ardent supporter of cutting taxes for the wealthy.

Policy & LegislationTaxes

Dec 30, 2025, 7:00 PM

Tariff rebate checks are 'not really on the table.' Here's why.

Tariff rebate checks are 'not really on the table.' Here's why.

Yahoo Finance Video, Yahoo Entertainment

Tax Foundation senior economist and research director Erica York comes on Market Catalysts to weigh in on whether the Trump administration will push for...

Economy & FinanceTaxes

Dec 28, 2025, 1:00 PM

Scott Bessent expects ‘gigantic’ tax refund year for American households

Scott Bessent expects ‘gigantic’ tax refund year for American households

Victor Nava, New York Post

“I think households could see, depending on the number of workers, $1,000- $2,000 refunds,” Bessent said.

Economy & FinanceTaxes

Dec 27, 2025, 1:27 AM

I Asked ChatGPT What Trump’s $2K Dividend Could Mean for Retirees

I Asked ChatGPT What Trump’s $2K Dividend Could Mean for Retirees

Josephine Nesbit, Yahoo Entertainment

Some retirees could see real relief from Trump’s proposed $2,000 tariff dividend. Here’s how the payout could impact budgets, savings and retirement plans.

Economy & FinanceTaxes

Dec 20, 2025, 12:19 PM

I Asked ChatGPT How To Spend the Trump $2K Dividend in 2026 — Here’s What It Said

I Asked ChatGPT How To Spend the Trump $2K Dividend in 2026 — Here’s What It Said

finance.yahoo.com, Biztoc.com

President Donald Trump’s proposed $2,000 tariff dividend would provide welcome relief to millions of Americans in 2026, although experts are mixed on the likelihood of that happening, and the wisdom of it — because a cash injection could fuel further inflatio…

Economy & FinanceInflationTaxesTrade

Dec 13, 2025, 12:27 PM

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