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Guest Contribution: “Americans can’t afford Trump’s inflationary policies”

Menzie Chinn, Econbrowser.com

Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version was published in Project Syndicate.   May 31, 2026 …

InflationEconomy & FinanceTaxes

May 31, 2026, 7:03 AM

We did the math on Ken Griffin's pied-à-terre tax bill

We did the math on Ken Griffin's pied-à-terre tax bill

Madeline Berg,Juliana Kaplan, Business Insider

New York City's tax on second homes is now in effect after backlash from billionaires, including the Citadel CEO.

TaxesEconomy & Finance

May 30, 2026, 9:56 AM

Ken Griffin's $238 million New York City penthouse isn't the only pied-à-terre he owns. See what else is in his portfolio.

Ken Griffin's $238 million New York City penthouse isn't the only pied-à-terre he owns. See what else is in his portfolio.

Jordan Pandy, Business Insider

Citadel CEO Ken Griffin doesn't approve of New York City Mayor Mamdani's pied-à-terre tax. See all the homes he owns around the country — and the world.

Personal BusinessTaxes

May 28, 2026, 8:40 PM

Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax

Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax

Tristan Bove, Yahoo Entertainment

The Golden State might be able to stomach more ultra-wealthy departures than first feared.

Economy & FinanceTaxesRegional & StateCalifornia

May 27, 2026, 4:49 PM

Trump’s big beautiful income tax dodge

Trump’s big beautiful income tax dodge

Heather Digby Parton, Salon

The president's settlement with the Justice Department means he could never face IRS audits again

TaxesLegal & Justice

May 25, 2026, 1:30 PM

Trump’s Trading Volume Just Jumped 10x and Topped All of Congress Combined

Trump’s Trading Volume Just Jumped 10x and Topped All of Congress Combined

Joel South, 24/7 Wall St.

The Slate Money hosts opened their latest episode with a number that should make every investor sit up. President Trump’s stock trading activity jumped...

Economy & FinanceTaxes

May 25, 2026, 11:58 AM

Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system

Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system

BERNARD CONDON and FATIMA HUSSEIN, Yahoo Entertainment

Remember Donald Trump’s response in the 2016 presidential debate, when Hillary Clinton blasted him for paying virtually no federal taxes? On Tuesday, the...

TaxesLegal & Justice

May 22, 2026, 10:06 AM

Dems demand answers from Treasury secretary on Trump's IRS settlement

Dems demand answers from Treasury secretary on Trump's IRS settlement

Allison Pecorin, Abcnews.com

Democrats are demanding answers from the Treasury and IRS over Trump's settlement and "Anti-Weaponization Fund."

Legal & JusticeTaxes

May 22, 2026, 9:19 AM

How Trump's IRS settlement could block tax audits of him, his family and their businesses

How Trump's IRS settlement could block tax audits of him, his family and their businesses

BBC News

Some lawmakers and legal experts say the department has violated federal law with its addendum to the settlement.

TaxesLegal & Justice

May 21, 2026, 2:24 AM

Trump Sued Himself And Walked Away With A $100 Million Tax Debt Erased

Trump Sued Himself And Walked Away With A $100 Million Tax Debt Erased

Mike Masnick, Techdirt

There were two rumors last week regarding the supposed “settlement” of Donald Trump’s ridiculously problematic lawsuit against his own IRS, asking for $10 billion. The first was that he was going to get an agreement to drop all audits of his taxes (and the ta…

TaxesLegal & JusticeCriminal Cases

May 20, 2026, 8:11 PM

Did Trump Accidentally Buy Stock in a Sushi Restaurant Instead of a Tech Company?

Did Trump Accidentally Buy Stock in a Sushi Restaurant Instead of a Tech Company?

Matt Novak, Gizmodo.com

There's something fishy about the President's stock purchases.

Personal BusinessEconomy & FinanceTaxes

May 20, 2026, 5:40 PM

Jeff Bezos backs Mamdani's tax on luxury second homes, but says Ken Griffin isn't the villain

Jeff Bezos backs Mamdani's tax on luxury second homes, but says Ken Griffin isn't the villain

Roya Shahidi, Business Insider

Mayor Zohran Mamdani's proposed tax on luxury second homes has an unlikely defender: Jeff Bezos.

TaxesEconomy & Finance

May 20, 2026, 3:35 PM

10 Wednesday AM Reads

10 Wednesday AM Reads

Barry Ritholtz, Ritholtz.com

My mid-week morning train WFH reads: • Stock Gains Without All the Taxes? How the Hottest Trade on Wall Street Works: The stock-market surge has propelled the use of a new kind of tax-loss harvesting. We break it down. The WSJ on the surge of direct-indexing …

Economy & FinanceTaxes

May 20, 2026, 10:30 AM

US President Trump and family given immunity from pending tax audits

US President Trump and family given immunity from pending tax audits

John Power, Al Jazeera English

Democrats blast the tax announcement, which follows establishment of a controversial 'Anti-Weaponization Fund'.

Legal & JusticeTaxes

May 20, 2026, 2:08 AM

U.S. government to drop tax claims against Trump in broadening of IRS settlement

U.S. government to drop tax claims against Trump in broadening of IRS settlement

The Associated Press, NPR

As part of the settlement agreement, the U.S. is "forever barred and precluded" from examining or prosecuting President Trump, his sons and the Trump organization's current tax issues, according to a document posted to the DOJ website.

TaxesLegal & JusticeGovernment & Administration

May 20, 2026, 12:20 AM

DOJ addendum to Trump settlement bars IRS from auditing him and his family

DOJ addendum to Trump settlement bars IRS from auditing him and his family

Alexander Mallin, Peter Charalambous, Katherine Faulders, Abcnews.com

In an addendum to its settlement ending President Trump's IRS lawsuit, the DOJ has barred the IRS from auditing the tax returns of Trump, his family and his companies.

Legal & JusticeTaxes

May 19, 2026, 8:50 PM

The DOJ's sweeping Trump settlement bars the IRS from pursuing any unpaid taxes claims it may have against Trump

The DOJ's sweeping Trump settlement bars the IRS from pursuing any unpaid taxes claims it may have against Trump

Insider Inc., Business Insider

The DOJ's settlement of Trump's lawsuit related to his leaked tax returns includes a sweeping pledge.

Legal & JusticeTaxes

May 19, 2026, 8:35 PM

Trump drops IRS lawsuit, sets up $1.7bn US anti-weaponisation fund

Trump drops IRS lawsuit, sets up $1.7bn US anti-weaponisation fund

Al Jazeera, Al Jazeera English

The new fund has led to widespread pushback from Democrats and government watchdog groups.

Legal & JusticeTaxesGovernment & Administration

May 18, 2026, 5:39 PM

Trump, in court filing, says he plans to drop his $10B lawsuit against IRS

Trump, in court filing, says he plans to drop his $10B lawsuit against IRS

Katherine Faulders, Peter Charalambous, Alexander Mallin, Abcnews.com

Lawyers for Donald Trump have informed a judge that he plans to drop his $10 billion lawsuit against the IRS.

Legal & JusticeTaxes

May 18, 2026, 1:20 PM

Why Shouldn’t Yields Rise?

Menzie Chinn, Econbrowser.com

Friday’s jump in 10 year Treasury yields (10 bps), and the 30 year yield nearing 5% alarmed markets. But why? Debt and the debt trajectory are up. Fed Chair Designate Warsh wants to shrink the Fed balance sheet, even as Trump continues his assault on Fed inde…

Economy & FinanceInflationTaxesBudget

May 17, 2026, 5:11 PM

Trump’s ‘Slow Motion Heist’ Of $1.7 Billion Taxpayer Dollars

Trump’s ‘Slow Motion Heist’ Of $1.7 Billion Taxpayer Dollars

NewsHound Ellen, Crooksandliars.com

Remember Trump’s $10 billion lawsuit against the IRS? I don’t know whether somebody figured it was a bad look while Americans are struggling with Trump inflation thanks to his tariffs and unnecessary war, not to mention the loss of health insurance and food b…

Economy & FinanceTaxesTrade

May 16, 2026, 4:54 PM

Kevin (Warsh) Can Wait

Kevin (Warsh) Can Wait

Emily Peck, Felix Salmon, and Elizabeth Spiers, Slate Magazine

The new Fed Chair is inheriting an inflation conundrum: appease Trump or hold out on rates?

Economy & FinanceInflationTaxes

May 16, 2026, 12:00 PM

10 Friday AM Reads

10 Friday AM Reads

Barry Ritholtz, Ritholtz.com

My end-of-week morning train WFH reads: • Miami got NYC’s billionaires. Will it get their businesses? The fact is, high earners who were formerly geographically tethered to their companies can now work remotely. They are optimising their domicile for taxes, w…

Economy & FinanceTaxes

May 15, 2026, 10:30 AM

Trump says he will suspend petrol tax amid soaring US fuel prices

Trump says he will suspend petrol tax amid soaring US fuel prices

Andy Hirschfeld, Al Jazeera English

Suspending a federal tax requires an act of Congress, and there may be procedural delays before it can be achieved.

Economy & FinanceTaxes

May 11, 2026, 8:59 PM

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