Tax Policy & IRS News
The Daily Signal reports on tax legislation, reform efforts, and tax enforcement by the IRS. Get conservative analysis on how tax policies and cuts affect families, businesses, and America’s fiscal outlook.
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opinion
Reconciliation 3.0 Is the Best 250th Birthday Present Congress Can Give America
Leave it to the legacy media to turn a commemorative currency proposal into a five-alarm constitutional crisis. By now, you’ve probably heard about the scene at last week’s White House press briefing when CNN’s Kaitlan Collins confronted Treasury Secretary Scott Bessent about a proposed $250 bill featuring President Donald Trump. “Do you think politically it’s… -
news
Here’s How the IRS Is Taking on the Networks Potentially Funding Antifa
Treasury Secretary Scott Bessent told reporters Thursday that the Internal Revenue Service and the FBI have made substantial progress on investigating the networks funding Antifa leftist agitators, and he mentioned one concrete policy change that could undermine nonprofits’ ability to prop up the violent movement. “In October, the Treasury Department started working with the FBI… -
opinion
Blue Cities Like Portland Prioritize the Antisocial Over the Law-Abiding
Like many of America’s once-great metropolises, Portland, Oregon, has seen better days. Drug-addled homeless continue to ravage the streets, and businesses have begun packing their bags for greener pastures, following the thousands of city residents who have had enough. The reason Portland has become such a disaster is simple: It prioritizes the needs of its… -
analysis
How Can Ohio Pull Itself Up for Family Status Ranking?
Ohio is below average in family rankings, according to a recent report that measures family strength and stability across all 50 states. But two top elected officials in the Buckeye State say promoting fatherhood and lowering the tax burden could help improve the situation. Last month, the Center for Christian Virtue released its 2026 Family… -
opinion
California’s ‘Billionaire Tax’ Could Reach Far Beyond Billionaires
Last week, the Service Employees International Union (SEIU) announced it had gathered more than 1.5 million signatures—nearly double what it needed—to put a sweeping new wealth tax on California’s November ballot. The initiative is called the 2026 Billionaire Tax Act. The name is designed to make you stop reading. Don’t. SEIU has spent months positioning itself as… -
opinion
1 in 3 Dollars Earned Goes to Taxes. Why?
Most Americans were glad to get another Tax Day behind them this month. It’s galling to hand over a third of everything you earned last year to government to waste, fraud, and abuse. Consider the raw numbers. Last year, the federal government took just over $5 trillion. States and localities took another $2.5 trillion. Out… -
exclusive
Gallego, Immigration Signal Trouble for Arizona Democrats in Midterms, Poll Shows
FIRST ON THE DAILY SIGNAL—A new poll from the League of American Workers finds a majority of voters view the war with Iran negatively but aspects of the immigration enforcement agenda positively, underscoring potential headwinds for both political parties heading into the midterm elections. A large portion of voters also indicated that they think worse… -
news
How Taxes Affect Ohioans on April 15 and Beyond
This year, the Trump White House had plenty of benefits to tout for Americans on Tax Day, namely through the Working Families Tax Cuts from last July. For Ohioans, the issue goes beyond April 15, with the potential to affect closely watched races for the midterms. How Did Ohioans Benefit? The average tax refund is… -
news
Americans See Employment and Earning Retention Gains Thanks to Working Family Tax Cuts
Members of Congress are pointing to rising wages and private-sector job growth as evidence that the Working Families Tax Cuts Act is delivering results for American workers and businesses. The law, signed by President Donald Trump on July 4, 2025, reduced taxes on tips, overtime pay, and certain retirement benefits, while expanding the child tax… -
news
GOP Looks to Expand Tax Relief, ‘Even Better’ Than ‘One Big, Beautiful Bill’
The GOP is keeping tax policy in the headlines with a successful Tax Day, as Americans can expect an average $3,000 refund. Members are now looking ahead to how they can continue to be the party of “working Americans.” During a press call about President Donald Trump’s One Big Beautiful Bill Act—now commonly referred to as the… -
news
Code Pink Should Lose Tax-Exempt Status for 3 Key Reasons, Watchdog Group Tells IRS
FIRST ON THE DAILY SIGNAL—The leftist activist group Code Pink should lose its tax-exempt status for engaging in potentially illegal activity, violating tax rules against engaging in prohibited political activity and excess lobbying activity, and for supporting the interests of China without properly registering with the Department of Justice, a conservative group said in a… -
opinion
This Tax Day, Americans Are Finally Getting a Break
Historically, tax season has never been easy for working Americans. It’s typically marked by days or weeks spent digging through stacks of receipts, invoices, 1099s, and W-2s. It’s the undue stress of figuring out how to file or whom to hire for help. And it is uncertainty in not knowing if you’ll owe money—or how… -
opinion
Why Americans Are Getting Larger Refunds This Tax Season
Each spring, tax refunds illuminate how federal policy interacts with household finances. This tax season, Americans are experiencing larger returns compared to prior years—and not because there are more filers, but because legislation passed by the Trump administration last summer is finally bearing fruit. Internal Revenue Service data for Week Nine of the 2026 filing… -
opinion
Tax the Rich?
“Tax the rich!” shout progressives. Why not? America’s richest people are ridiculously rich. “Five bucks to you is like $6 million to billionaire Jeff Bezos!” shrieks Sen. Elizabeth Warren, D-Mass. Taking more from billionaires and millionaires just seems fair. That’s why Washington state passed a new “millionaire’s tax,” California will soon vote on a “billionaire’s… -
news
EXCLUSIVE: American Medical Association Should Lose Tax-Exempt Status, Watchdog Group Says
FIRST ON THE DAILY SIGNAL—The IRS should investigate and potentially revoke the tax-exempt status of the American Medical Association’s philanthropic arm, according to a new complaint filed Tuesday. “Based on the evidence in our complaint, we believe the IRS should revoke the AMA Foundation’s tax-exempt status for operating a racially discriminatory program,” Dr. Kurt Miceli,… -
opinion
Radical Tax Hikes Will Accelerate PA’s Outmigration
Gov. Josh Shapiro keeps repeating the claim that Pennsylvania is the only growing state in the Northeast. But that’s not true. Residents continue to leave Pennsylvania for greener pastures. New data from the Internal Revenue Service shows that Pennsylvania lost 15,000 residents on net to other states in 2023. Those residents took with them $2.3 billion… -
news
Courts Split on Role IRS Can Play in Immigration Enforcement, Data Sharing
In the span of two days, courts have issued somewhat conflicting rulings about what the Internal Revenue Service can do to assist the Trump administration’s immigration enforcement efforts. On Thursday, U.S. District Judge Colleen Kollar-Kotelly for the District of Columbia determined that almost 43,000 addresses the IRS shared with Immigration and Customs Enforcement last August… -
news
Billions in Tax Dollars Pay for Empty Federal Buildings
FIRST ON DAILY SIGNAL—Selling off unused or underused federal property could save taxpayers $3 billion in deferred maintenance costs, and more than $100 million in operation costs each year, according to one government report. Sen. Joni Ernst, R-Iowa, chairwoman of the Senate DOGE Caucus, introduced legislation to expedite the sales of these properties. “Why should taxpayers be stuck with billion-dollar bills for bureaucrats… -
opinion
HOT Tax Would Let Liberals Pay More, Sparing Everyone Else
Former U.S. Sen. Willard Mitt Romney, R-Utah, is neither the first nor the last billionaire to say that he wants to pay higher taxes, ergo, other Americans should suffer tax hikes, too. Romney recently wrote, “It’s time for rich people like me to pay more.” He advocated higher taxes on—among other things—payrolls, real estate, carried… -
opinion
More Tax on Tips: Blue States Undercutting New Federal Tax Cuts
Filthy, vile, and disgusting. And I would add: reprehensible, repulsive, and rebarbative. These words perfectly describe the latest Democrat scheme to shaft industrious, economically embattled Americans, all so that the Left can get President Donald Trump. There are no depths too low for Democrats to dig to hurt this president. They were at Sub-basement Level 14 and have now jackhammered their…