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Citi CFO says a credit card cap would have a 'deleterious' impact on the economy

Citi CFO says a credit card cap would have a 'deleterious' impact on the economy

Alice Tecotzky,Reed Alexander, Business Insider

Citi's CFO said the bank "would" and "could" not support the proposed cap.

Economy & FinanceTaxes

Jan 14, 2026, 2:52 PM

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

US-based multinational companies will be exempt from global tax deal

US-based multinational companies will be exempt from global tax deal

FATIMA HUSSEIN, Yahoo Entertainment

U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organization for Economic Cooperation...

Economy & FinanceTradeTaxes

Jan 5, 2026, 6:25 PM

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

Are we getting $2000 tariff rebate checks in 2025? Trump's latest comments

Are we getting $2000 tariff rebate checks in 2025? Trump's latest comments

Mike Snider and Josh Kelly, The Oklahoman, Oklahoman.com

The plan to gift Americans $2,000 is still on President Donald Trump's agenda, even as the year comes to a close.

Economy & FinanceTaxes

Dec 11, 2025, 11:10 AM

Did Trump accidentally boost direct giving?

Did Trump accidentally boost direct giving?

Sara Herschander, Vox

When billionaire Michael Dell was 8 years old, he opened his first savings account.  Every time that young Michael forked a quarter over to the bank teller, he felt a rush from the “power of compound interest,” as he said from the White House on Tuesday, hour…

Economy & FinanceTaxes

Dec 3, 2025, 10:40 PM

Inside the tax that incentivizes boomers to die in their homes, rather than selling — because it's better for their kids

Inside the tax that incentivizes boomers to die in their homes, rather than selling — because it's better for their kids

Eliza Relman, Business Insider

Some baby boomers say they're holding onto their homes so their kids can inherit them tax-free.

TaxesEconomy & Finance

Dec 2, 2025, 4:01 PM

US “R” Us or Tax Sovereignty?

Conor Gallagher, Nakedcapitalism.com

Countries can either capitulate to President Trump’s tax bullying or come together to fight for the sovereign right to tax multinationals fairly.

TaxesTradePolicy & Legislation

Nov 30, 2025, 10:00 AM

What Will the US Debt Reckoning Look Like?

What Will the US Debt Reckoning Look Like?

Jeffrey Frankel, Project Syndicate

For now, and in the foreseeable future, fiscal adjustment is a political non-starter in the US, where the prospect of higher taxes or cuts to Social Security and Medicare is a surefire way to lose votes. But this is probably where the country is headed, thoug…

National DebtEconomy & FinanceBudgetTaxes

Nov 28, 2025, 11:01 AM

Everything We Know So Far About Trump’s Proposed $2,000 Tariff Dividend Checks

Everything We Know So Far About Trump’s Proposed $2,000 Tariff Dividend Checks

Zachary Folk, Forbes Staff, Zachary Folk, Forbes Staff https://www.forbes.com/sites/zacharyfolk/, Forbes

It’s unclear if a plan to pay Americans directly with tariff income will get enough Republican support in Congress.

Economy & FinanceTradeTaxes

Nov 23, 2025, 10:19 PM

Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers

Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers

FATIMA HUSSEIN and GISELA SALOMON, Yahoo Entertainment

The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as “federal public benefits," which will bar some immigrant ...

TaxesImmigration

Nov 21, 2025, 12:37 AM

Democrats reject ‘current policy’ — unless it pays their base

Democrats reject ‘current policy’ — unless it pays their base

J.T. Young, TheBlaze

Washington’s latest fights make one thing unmistakable: Democrats shift their arguments as needed, but always in service of higher taxes, higher spending, and a bigger federal footprint. When the question earlier this year was whether to keep current tax poli…

Policy & LegislationTaxesBudgetEconomy & Finance

Nov 16, 2025, 8:00 PM

Trump Says $2,000 Tariff Rebates Will Come ‘Sometime’ Next Year

Trump Says $2,000 Tariff Rebates Will Come ‘Sometime’ Next Year

Sara Dorn, Forbes Staff, Sara Dorn, Forbes Staff https://www.forbes.com/sites/saradorn/, Forbes

It’s unclear if the checks have the required support from Congress.

Economy & FinanceTaxesTrade

Nov 15, 2025, 9:51 PM

Trump is 'committed' to $2,000 tariff dividend payments, White House says

Trump is 'committed' to $2,000 tariff dividend payments, White House says

Max Zahn, ABC News

President Donald Trump remains "committed" to sending each American a $2,000 dividend check to be distributed from tariff revenue.

Economy & FinanceTaxesTrade

Nov 12, 2025, 8:09 PM

United States Penny Dead at 232

United States Penny Dead at 232

TMZ Staff, TMZ

It took 232 years, but the penny is dead ... the last ever penny was minted Wednesday in Philadelphia. President Trump started the penny's doomsday clock back in February, when he ordered Treasury Secretary Scott Bessent to stop producing new…

Economy & FinanceTaxes

Nov 12, 2025, 8:08 PM

Trump proposes $2,000 tariff dividend for Americans. Would this work?

Trump proposes $2,000 tariff dividend for Americans. Would this work?

Al Jazeera, Al Jazeera English

Trump’s $2,000 tariff dividend plan faces legal hurdles, unclear funding; experts doubt tariff revenue will cover costs.

Economy & FinanceTaxesTrade

Nov 11, 2025, 11:34 AM

What to know about Trump's promise of $2,000 tariff dividend payments

What to know about Trump's promise of $2,000 tariff dividend payments

Max Zahn, ABC News

Questions abound about who qualifies and whether enough funds are available.

Economy & FinanceTaxesTrade

Nov 10, 2025, 7:44 PM

Student-loan forgiveness is back on — but a tax change could be a 'financial disaster' for some borrowers

Student-loan forgiveness is back on — but a tax change could be a 'financial disaster' for some borrowers

Ayelet Sheffey, Business Insider

Sen. Elizabeth Warren is calling on the IRS to prevent student-loan borrowers from facing a "tax bomb" on debt relief beginning next year.

TaxesHealthcare

Nov 10, 2025, 12:05 PM

Trump says he'll issue $2,000 tariff dividend to all except 'high-income people'

Trump says he'll issue $2,000 tariff dividend to all except 'high-income people'

Isabella Murray, ABC News

Trump says that a “dividend of at least $2000 a person” will be paid to all Americans except for “high-income people.”

Economy & FinanceTaxes

Nov 9, 2025, 6:42 PM

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