April 23, 2025

GOP Lawmakers Pitch Plans To Take On Ivy League Endowment Tax Breaks In ‘Big Beautiful Bill’

April 22, 2025 6:15 PM ET Congressional Republicans are eying tax increases on certain colleges’ endowment revenue amid President Donald Trump’s broader pressure campaign on universities to crack down on antisemitism that has been allowed to fester on campuses. GOP lawmakers are considering several pieces of legislation that would raise the 1.4% tax rate on elite

‘I Never Met A Tax Cut I Didn’t Like’: Kudlow Examines Possible Benefits And Pitfalls Of Trump Tariffs

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Exclusive: Rep. Ashley Hinson, Sen. Tom Cotton Move to Scrap ‘Unconstitutional’ Firearm Tax

Rep. Ashley Hinson (R-IA) and Sen. Tom Cotton (R-AR) introduced legislation Tuesday that would remove the “unconstitutional” tax on the purchase and transfer of firearms. Hinson said in a statement: The Second Amendment is a Constitutional right that is not to be infringed. Law-abiding gun owners should not be forced to pay an unconstitutional firearm

EXCLUSIVE: Biden-Era Grant Doles Out Tax Dollars To Train Trans Activists, Support Jobless Queer ‘Rabble-Rouser’

Gender researchers plan to steer thousands of dollars awarded by the Biden administration towards travel to transgender medical conferences, pronoun pins and payments to activists who work at LGBTQ clinics, according to documents obtained by the Daily Caller News Foundation. The Biden administration awarded nearly $160,000 to University of Cincinnati researchers in June 2024 to

Vivek Ramaswamy Proposes Eliminating Income Tax in Ohio

Gage Skidmore/Flickr Ohio gubernatorial candidate Vivek Ramaswamy proposed eliminating the income tax in Ohio, noting that people there “deserve to keep” what they earn. During a speech at the Lucas County Republican Party’s annual Lincoln Day Dinner, Ramaswamy spoke about how, out of all the states, Texas was the number one state to which people

Dems Launch Massive Campaign To Attack Trump’s Tax Cut Proposals

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Klobuchar: Biden-Harris Have Been Strong on ‘Keeping’ Tariffs, Trump’s Would Be a Tax

On Monday’s broadcast of MSNBC’s “ReidOut,” Sen. Amy Klobuchar (D-MN) stated that the Biden-Harris administration has “been very strong on” Chinese steel dumping “and keeping those tariffs in place.” But 2src24 Republican presidential candidate former President Donald Trump’s tariff proposal “would amount to this tax, as opposed to using it, when necessary, with specific industries

Mark Matson: Kamala Harris’s Tax Policies Are an ‘American Dream Destroyer’

Mark Matson, a financial expert and author of Experiencing the American Dream, told Breitbart News Saturday Vice President Kamala Harris’s proposed policies are an “American Dream destroyer.” Maston wrote Experiencing the American Dream: How to Invest Your Time, Energy, and Money to Create an Extraordinary Life, a book on how to invest to cultivate Americans’ financial future. The book

Harris Spox: She Supports Increasing Capital Gains Tax by Less than Biden ‘To Better Incentivize’ Investment

On Thursday’s broadcast of “CNN This Morning,” Harris-Walz Campaign Senior National Spokesman Ian Sams stated that 2src24 Democratic presidential candidate Vice President Kamala Harris supports a smaller increase in the capital gains tax rate than President Joe Biden “to better incentivize the kind of investment in entrepreneurs that we want to see in this country to

KAMALA HARRIS WOULD UP CORPORATE TAX RATE TO 28%

RAISING CORPORATE TAXES IS A TERRIBLE IDEA SINCE MULTINATIONAL CORPORATIONS WOULD MOVE THEIR OPERATIONS TO OTHER NATIONS WHICH MUCH LOWER CORPORATE TAXES. BUT COMMUNISTS AND ISLAMIC RADICALS AND KAMALA HARRIS AND TIM WALZ DO NOT UNDERSTAND SIMPLE ECONOMIC PRINCIPLES. Vice President Kamala Harris would raise the corporate tax rate to 28% from 21% if she wins […]

Trump Hammers Home Plan to Eliminate Tax on Social Security Income

Michael M. Santiago/Getty Images Former President Donald Trump reiterated a campaign promise to eliminate taxes on Social Security income for seniors. While speaking from Wilkes-Barre, Pennsylvania, on Saturday, Trump criticized Vice President Kamala Harris for copying his campaign promise to eliminate taxes on tips. “To get economic relief to workers and families, I will make

Donald Trump: ‘We Will Make The Trump Tax Cuts Permanent And Cut Taxes’ for Small Businesses, Families

Former President Donald Trump vowed to “make the Trump tax cuts permanent” during a speech at Turning Point Action’s “People’s Convention” on Saturday. During his speech at the convention in Detroit, Michigan, the former president added that if elected president in November, his administration would also “cut taxes even more for working families and small

Breitbart Business Digest: A Tax Day Reminder That Elections Matter

Tax Day Cometh
 We made it, fam! It’s another Tax Day. For some, April 15 is a day that can fill an American citizen with pride. It shouldn’t. Your money is almost certainly getting squandered by the federal government in ways both well known and mysterious. (If you need examples, see Breitbart.com literally any day

Hunter Biden’s Attorneys to Seek Dismissal of Tax Case as ‘Politically Motivated’

A U.S. judge on Wednesday will be asked to dismiss the criminal case accusing Hunter Biden of evading $1.4 million in taxes. Attorneys for the president’s son will argue prosecutors bowed to political pressure from Republican lawmakers investigating his father. Nine charges, including three felonies: allegedly failing to file taxes, evading an assessment, and filing

Report: Gov. Ron DeSantis Provided $90K in Tax Relief to a Chinese Subsidiary in Florida Despite Denials

Republican presidential candidate Florida Gov. Ron DeSantis (R) was the subject of yet another report unflattering to his record on China this week, this time for reportedly providing $90,000 in tax relief to the subsidiary of a Chinese-headquartered solar panel manufacturer with a factory in Jacksonville, Florida. The Washington Examiner reported Thursday that the DeSantis administration provided

Motorcycle Gunmen Kidnap 150+ Villagers in Nigeria over Unpaid ‘Tax’

Upwards of 150 people have been abducted by gunmen in Nigeria’s northwest, local residents said, pointing to dozens of armed men on motorcycles who stormed villages in Zamfara state for the punitive raid. The BBC reports the residents were kidnapped after the villages failed to pay a “tax” imposed on them by the gunmen, witnesses said.

Africa Climate Summit Demands Reparations via Global Tax on Fossil Fuels, Aviation, and Maritime Transport

LUIS TATO/AFP via Getty The first Africa Climate Summit ended Wednesday with a demand for global leaders to initiate a global carbon tax on fossil fuels, aviation and maritime transport, all while reforming financial systems that force African nations to pay more to borrow money. AP reports the call came in a declaration backed by

Hunter Biden criminal tax case assigned to Trump-appointed judge in Delaware

A Trump-appointed judge will preside over Hunter Biden’s federal criminal tax case in Delaware, the Justice Department announced Wednesday. U.S. District Court Judge Maryellen Noreika will preside over the case as the first son enters into a plea deal on two misdemeanor federal tax charges. Former President Trump appointed Noreika to her position in 2017. […]

A group of GOP centrists threatens hardline tactics on tax bill

Rep. Nick LaLota (R-N.Y.) has helped lead a group of roughly 1src members as they’ve backchanneled with GOP tax-writers, pushing for a long-elusive deal on expanding state and local tax relief. | Francis Chung/POLITICO A group of House Republican centrists is taking a page from their hardliner colleagues, demanding critical changes to their party’s signature

Left-wing Hollywood Elite Sell Cheap to Avoid L.A.’s ‘Mansion Tax’

Members of the Hollywood elite are among those who have contrived to avoid the new “mansion tax” passed last year by Los Angeles voters — including some of the biggest names in Democratic Party fundraising circles. Measure ULA went into effect on April 1, and ostensibly exists to raise money for low-income housing. But many

London’s Green Emissions Tax Will Result in France-Style Revolt, Protesters Warn

Protesters in London have warned that Sadiq Khan’s green emissions tax on cars will likely result in a France-style revolt. Numerous Londoners involved in protesting Sadiq Khan’s Ultra Low Emission Zone (ULEZ) expansion plan have warned that the glorified green tax will likely result in widespread unrest similar to that seen in France earlier this year.

Comer: Biden Wants to Go After Legal Gun Owners and Add IRS Agents when Hunter Broke Gun, Tax Laws

On Monday’s broadcast of the Fox News Channel’s “Jesse Watters Primetime,” House Oversight Committee Chairman Rep. James Comer (R-KY) stated that it is galling to listen to President Joe Biden talk about the need to hire more IRS agents to go after tax cheats, reform the criminal justice system to make it more fair, or

IRS Commissioner: DOJ Responsible for Whistleblower Purge from Hunter Biden Tax Probe 

Chip Somodevilla/Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Breitbart News edit IRS Commissioner Daniel Werfel told Congress the Justice Department (DOJ) made the decision to purge an IRS whistleblower from the DOJ’s probe into Hunter Biden, according to a letter sent to House Ways and Means Committee Chair Jason Smith (R-MO). Werfel’s letter on May 17 responded to

Conservatives to Time Tax Cuts For Maximum Benefit in 2024 General Election: Report

Conservatives to Time Tax Cuts For Maximum Benefit in 2024 General Election: Report Getty Images The UK government is planning to time badly-needed-now tax cuts and wage rises to give the maximum feeling of uplift at the next general election, which it is claimed will take place next Autumn. While the government has until January

Georgia lawmakers reach agreement on state budget including property tax breaks

Georgia lawmakers have reached a final agreement on amendments to this year’s state budget, setting the stage for final House and Senate votes on the spending plan Monday. House Bill 18 raises spending by $2.4 billion after Republican Gov. Brian Kemp raised projected revenue. It includes $950 million for property tax rebates to homeowners and […]

Report: Federal Agents Have ‘Sufficient Evidence’ to Charge Hunter Biden with Tax Crimes, False Gun Statement

AP Photo/Susan Walsh Federal agents reportedly have “sufficient evidence” to charge Hunter Biden with tax crimes and making false statements regarding a gun purchase. The decision of whether Hunter will ultimately be charged is up to Trump-appointed United States Attorney David Weiss, individuals with knowledge of the probe told the Washington Post in a Thursday report. Weiss

Donald Trump: Potential Tax and Gun Charges Against Hunter Biden Are a ‘Charade’

Former President Donald Trump spoke about the reports that federal law enforcement has enough evidence to charge President Joe Biden’s son Hunter with tax and gun violations during a Save America rally in Nevada on Saturday, calling those speculated charges a “charade” to avoid bringing major charges against Hunter. Trump’s remarks came after the Washington Post reported on…

‘People Hit The Hardest Are The Poor’: Newt Gingrich Says American’s Will Notice Biden’s ‘Hidden Tax’

Former House Speaker Newt Gingrich said Sunday that Americans will notice what he called President Joe Biden’s “hidden tax” and predicted the country is “on the edge of a massive inflation.” “So every person who hears us today, when you go out to fill your gas tank and you notice that you’re getting less gasoline…

White House Misleadingly Using Former Trump Adviser Gary Cohn to Sell Joe Biden Tax Hike

AP Photo/Evan Vucci President Joe Biden’s White House continues citing an old Gary Cohn interview out of context to suggest President Donald Trump’s former economic adviser is supporting Biden’s proposed $2.5 trillion spending deal. “This Week: 200 Economists, Gary Cohn, Republican Kathy Maness, and the American People Agreed: The American Jobs Plan Is Both Sensible…

Over 100 Lawmakers Call for 2020 Tax Filing Deadline Extension

Over 100 House members have signed a bipartisan letter asking the IRS on Tuesday to delay the April 15 tax filing date. “Millions of stressed-out taxpayers, businesses and preparers would appreciate an extension of the deadline to file their 2020 tax returns,” members of Congress said in a letter addressed to IRS Commissioner Charles Rettig…

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