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
PBS Hosts Far-Left Smear Factory to Demonize Trump—Using Your Tax Dollars
PBS, backed by your tax dollars, hosted the leader of a group that compares conservatives to the KKK, and she used the opportunity to demonize President-elect Donald Trump. Then PBS hosted one of her close allies who suggested that America failing to elect Vice President Kamala Harris emboldens misogyny. The two segments make a rather… -
opinion
Your Tax Dollars Not at Work
Government excels at NOT getting things done. But politicians promise more things anyway. Kamala Harris declared that our government would “build thousands of miles of fiber-optic cable!” This “broadband connectivity agenda” was supported by “every House Republican on Energy and Commerce,” write Republican representatives. Three years later, not a single person has been connected. Why?… -
news
Here’s How Much Taxpayers Spent on ‘Gender Transition’ Services for Kids
DAILY CALLER NEWS FOUNDATION—The Biden-Harris administration opened the door for a massive increase of taxpayer-funded transgender interventions, including child sex-change surgeries, and the Daily Caller News Foundation has obtained enough data to give a partial estimate of the cost. From January 2018 to September 2023, 16 states spent more than $165 million funding “gender transition… -
opinion
No Tax on Tips
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Will Donald Trump end tax on tips? Will he go all the way and end tax on everything? During the campaign, our 47th president made a big, beautiful series of promises about things he would exempt from the… -
news
‘FEELING THE SQUEEZE’: Most Hispanics Say Country’s on Wrong Track, Taxes Are Too High
FIRST ON THE DAILY SIGNAL—According to a recent poll, fully 75% of Hispanic voters think the country is on the wrong track. Even among self-identified Hispanic Democrats, 63% of those polled held that view. The survey—conducted online by Public Opinion Strategies for Americans for Prosperity, a libertarian conservative political advocacy group—found that Hispanics, by margins of… -
news
With Tax Cuts Ending Next Year, Americans Firmly Oppose Paying More
Regardless of who is in the White House come Jan. 20—whether Donald Trump or Kamala Harris—the next president will face a deadline at the end of 2025 that could trigger a tax increase for Americans across all 50 states. A recent survey by Americans for Prosperity, a grassroots organization that seeks to transform policy around… -
opinion
STEALING HOME: Local Governments’ Shocking Property Tax Grabs
Sometimes, politicians steal people’s homes. Really. If homeowners miss property tax payments, even if they never received the bills, some towns grab the whole house and keep the proceeds. All the proceeds. Even if the total is much more than the property tax owed. I reported on this (mal)practice a couple years ago. Since then,… -
opinion
Do You Know Where Your Tax Dollars Go? Now You Can
Open the Books was founded in 2011 on a simple principle: Taxpayers deserve to know where their money is going and how it’s being spent. Americans are paying “property taxes to fund local education, so wouldn’t you like to know where that money is going?” asks Matthew Tyrmand, deputy director at large of the Florida-based… -
opinion
Lawmakers Push New Student Loan ‘Forgiveness’ Proposal, Burdening Taxpayers With Billions
After a pause in student loan repayments during the COVID-19 pandemic, borrowers have started paying again. But if history is any guide, some student loan borrowers will pay next to nothing—and after 10, 20, or 25 years, taxpayers, not borrowers, will be forced to pay the outstanding balances. Now, some members of Congress are trying… -
news
Voters Moving Right on Tax Cuts, Poll Shows
A national survey released weeks before the Nov. 5 presidential election shows most voters know little about the personal impacts of the Tax Cuts and Jobs Act, which is set to expire at the end of 2025. The survey, conducted by Public Opinion Strategies on behalf of Stand Together, shows that 76% of voters, an… -
opinion
The Danger of Taxing Unrealized Capital Gains
Some ideas are like horror movie villains. They’re dangerous, and no matter how many times they’re defeated, they never seem to die. The misguided idea of taxing unrealized capital gains is back on the scene. Sen. Ron Wyden, D-Ore., floated a proposal to tax unrealized capital gains in 2021. It was widely debated in 2022,… -
opinion
Kamala Unveils $5 Trillion Tax in Hikes Targeting Small Businesses, Employees, More
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Kamala Harris’ economic plan is taking shape, starting with $5 trillion in new taxes—because Washington clearly does not have enough money to spend. In the past fortnight alone, Harris has promised to hike taxes on small businesses to… -
news
Kamala Harris Looks to Jack Up Corporate Tax Rate as President
DAILY CALLER NEWS FOUNDATION—Vice President Kamala Harris is looking to raise the corporate tax rate to 28% if elected president, NBC News reported on Monday. The federal corporate tax rate in the U.S. is currently 21%, as enshrined in former President Donald Trump’s 2017 Tax Cuts and Jobs Act. But Harris seeks to move the tax rate… -
opinion
Bill Would End Taxpayer-Funded Union Activities by Federal Employees
“Official time” is an oxymoron that conveniently misleads federal taxpayers. When federal employees are on “official time,” they’re not doing the jobs they were hired for. Instead, they’re released from their official duties and working for their union—all while getting their taxpayer-funded federal employee salaries and benefits. Some lawmakers believe this needs to stop…. -
news
‘Usurpation of Parental Rights’: District’s ‘Gender Inclusion’ Training Costs Taxpayers $1.5K
The South Pasadena Unified School District in California paid an organization that wants a “more inclusive world for gender-diverse children and teens” $1,500 for a three-hour workshop on so-called gender inclusion in 2022. The workshop at the Southern California district included training on creating “Gender Support Plans” using Gender Spectrum’s form, which hides a child’s… -
news
Thousands of Unaccompanied Minors Now Victims of ‘Taxpayer-Funded Child Slavery’
THE WASHINGTON STAND—Data collected between February of 2021 and January of 2024 revealed “464,922 [unaccompanied] children have been encountered by U.S. Customs and Border Protection police nationwide.” Some experts, such as those from the child immigrant aid organization Kids in Need of Defense, have explained this surplus of unaccompanied minors was “expected” and likely due to “U.S. measures implemented… -
opinion
Courts Block Biden’s Student Loan Cancellation Plan: A Win for Taxpayers
On Monday, two federal court judges issued nationwide injunctions stopping the Biden administration from illegally canceling hundreds of billions of dollars in student debt. This scheme, the Saving on a Valuable Education, or SAVE, Plan, is the latest lawless loan redistribution attempt to fail in court. Background President Joe Biden finalized SAVE via an administrative… -
opinion
How Much Federal Income Tax Do the Rich Pay?
Politicians on the Left portray the rich in America as a bunch of freeloaders who don’t pay their fair share of taxes. These politicians suggest that many of society’s problems could be solved if only the rich would be less greedy and hand over more of their money to the government to spend. There are… -
opinion
Supreme Court Narrowly Upholds Tax on Unrealized Gains From Overseas Company Profits
The Supreme Court issued a much-awaited ruling in a tax case, holding that the mandatory repatriation tax passed as part of the 2017 Trump tax cuts did not exceed Congress’ constitutional authority. The court’s holding was narrow, and significant in large part for issues it did not address, leaving open questions related to the constitutionality… -
opinion
5 Ways to Help Avoid Going Over the Looming 2025 Tax Cliff
A large tax increase is scheduled to hit almost all taxpayers at the end of next year—that is, unless Congress comes up with, and agrees to, another plan before then. Expect a lot of talk about taxes from politicians over the next year-and-a-half as Washington grapples with the looming tax cliff. Unfortunately, few lawmakers will…