Economy & Finance
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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…
Feb 26, 2026, 4:17 PM

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.
Feb 25, 2026, 9:40 AM

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…
Feb 24, 2026, 11:30 PM

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…
Feb 22, 2026, 2:15 PM

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…
Feb 22, 2026, 1:00 PM

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.
Feb 19, 2026, 5:41 PM

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…
Feb 16, 2026, 5:07 PM

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.
Feb 9, 2026, 6:23 AM
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.
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'
Alice Tecotzky,Polly Thompson, Business Insider
Dimon warned at Davos that Trump's credit card interest rate cap could harm 80% of Americans.
Jan 21, 2026, 3:20 PM
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.
Jan 21, 2026, 7:02 AM

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 …
Jan 13, 2026, 4:05 PM
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.
Jan 13, 2026, 9:55 AM
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.
Jan 13, 2026, 5:48 AM

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.
Jan 12, 2026, 8:51 PM
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...
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
Nathan Rennolds, Business Insider
President Donald Trump on Friday called for a 10% cap on credit card interest for one year.
Jan 10, 2026, 2:08 PM
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.
Jan 10, 2026, 9:48 AM
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.
Jan 1, 2026, 5:30 PM

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.
Dec 30, 2025, 7:00 PM
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...
Dec 28, 2025, 1:00 PM

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.
Dec 27, 2025, 1:27 AM
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.
Dec 20, 2025, 12:19 PM

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…
Dec 13, 2025, 12:27 PM