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income taxes

NPR
National
Analysts say real estate tax breaks allowed President Trump to personally avoid high taxes. Above, Trump prepares to sign tax legislation into law in the Oval Office on Dec. 22, 2017.
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How Can President Trump Pay Less Tax Than You?

Oct 02, 2020
No matter what you do for a living, odds are you paid more federal income tax than Trump did the year he took office. Analysts say real estate tax breaks allowed him to avoid high tax bills.
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NPR
Business
The IRS budget has been cut sharply over the past decade, but President Trump has suggested spending an extra $362 million on tax enforcement next year.
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On Tax Day, The IRS Is Short Of Money

Apr 15, 2019
The agency's budget has been cut sharply over the past decade. That means fewer audits. The Trump administration says those cuts may have gone too far and it's seeking more money for tax enforcement.
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NPR
Politics
The White House says tax refund checks will go out despite the partial government shutdown.
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Despite 70,000 Furloughed IRS Workers, White House Vows Refunds Will Be Issued

Jan 07, 2019
The tax collecting agency is one of those affected by the partial government shutdown, but the White House says it will issue refunds, reversing previous government policy.
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NPR
Business
President Trump talks with journalists at the White House after signing the tax overhaul into law on Friday.
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The Tax Law's New Way Of Measuring Inflation Could Take A Toll On Taxpayers

Dec 27, 2017
The tax overhaul uses an alternative measure of inflation that will show less upward pressure on prices. That means tax brackets will adjust upward less often, making many people pay more.
KNPR
KNPR's State of Nevada
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Many Happy Returns: Nevada Benefits Under Tax Overhaul

Dec 20, 2017

Nevada stands to benefit more than other states from the revamped federal tax code, according to a Las Vegas wealth manager.

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NPR
Business
Ani McHugh, a high school English teacher, and her husband Patrick McHugh, a police officer, live in Delran, N.J. "I don't see how they can say this helps middle class people in New Jersey," Ani McHugh says of the Republican tax plan.
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A Promise Of $1,200 Not Enough To Buy Wide Support For Republican Tax Plan

Nov 30, 2017
Republican lawmakers say their plans will save the typical middle class family between $1,200 and $1,400. But polls show only 25 percent to 33 percent of Americans approve of the proposals.
NPR
Business
Republican Senate leaders, shown here speaking to reporters after the Republican Policy Committee luncheon at the Capitol Wednesday, are finalizing details of a tax plan they hope to vote on this week.
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A Revenue 'Trigger' Would Shoot Down Tax Cuts If Economy Doesn't Grow As Expected

Nov 29, 2017
Some senators want the tax overhaul to come with a built-in trigger: If budget deficits grow, tax cuts will be reversed. But several key senators strongly oppose the idea.
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NPR
Business
Students Kate Shulenberger (left) and Sarah Goodman on the Massachusetts Institute of Technology's Graduate Student Council plan a "call your congressman" event on campus.
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Grad Students Would Be Hit By Massive Tax Hike Under House GOP Plan

Nov 14, 2017
The plan would raise taxes on graduate students, who make very little money to begin with. Analysts say the provision could discourage students from seeking advanced degrees, hurting economic growth.
NPR
Politics
House Speaker Paul Ryan talks about the GOP tax bill during a news conference at the U.S. Capitol on Tuesday.
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GOP Tax Bill Could Pass The House By Next Week

Nov 07, 2017
A committee vote is expected this week that would send the bill to the full House for a vote. Meanwhile, Senate Republicans are releasing their version of tax legislation in the coming days.
NPR
Shots - Health News
People who lacked health insurance for more than three consecutive months in 2016, or who bought individual insurance and got federal help paying the premiums, will need to do a little work to figure out what, if anything, they owe the IRS.
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Tax Day And Health Insurance Under Trump

Apr 15, 2017
To avoid penalties, people who didn't have health insurance in 2016 or who got federal assistance to pay the premiums need to take a little extra care when completing their tax forms this year.
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NPR
U.S.
A proposed border adjustment tax would levy a 20 percent tax on all imports of goods and services into the U.S. Exports wouldn't be taxed.
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What We Know About The Trump, House GOP Tax Plans So Far

Feb 28, 2017
Sweeping tax cuts, for businesses and individuals, will be at or near the top of the list for both the White House and the Republican-controlled Congress. A tax on imports may also be on the table.
NPR
Politics
Hillary Clinton speaks at a rally at Miami-Dade College in Miami.
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New Clinton Child Tax Credit Could Help Low-Income Parents, But Cost Is $200 Billion

Oct 11, 2016
The Democrat wants to double the credit for parents of children 4 and under. It would be paid for by a tax on Wall Street, the wealthy, corporations. Trump's tax plan would most benefit the wealthy.
NPR
Politics
Donald Trump poses for photos outside the New York Stock Exchange in June 1995.
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Trump's Financial Moves In The '90s: 'Genius' Or 'Colossal Failure'?

Oct 03, 2016
The 1990-91 recession was catastrophic for Donald Trump's empire. A tax document published by The New York Times shows as late as 1995, he was reporting an annual loss of $916 million. What happened?
NPR
The Two-Way

Supreme Court Calls Maryland Income Tax Law 'A Tariff'

May 18, 2015
The court says Maryland unconstitutionally raised the cost of doing business in more than one state, by letting local governments tax money that was earned — and taxed — in other states.
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KNPR
KNPR's State of Nevada
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Yes, It's Tax Season Already

Dec 12, 2011
Tax Expert Raphael Tulino Has Some Tips for Getting Ready for the 2012 Tax Season. Don't get too stressed before the holidays, he says.
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KNPR
KNPR's State of Nevada
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What You Don't Know About Taxes

May 06, 2011
We've all heard the statistics: 47% of the population doesn't pay taxes. Or the wealthy pay most of the taxes.
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