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Larry Summers Says Trump's 'Misguided' And 'Wanton' Attack On IRS Could Dent Tax Revenue
Economist Larry Summers does not like recent developments at the Internal Revenue Service (IRS), the federal agency ...
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Summers warns of $1T revenue loss risk from Trump 'attack' on IRS
The former Treasury secretary envisions an avalanche of noncompliance as the federal tax agency weathers massive workforce ...
Former Treasury head Summers says Trump ‘attack’ on IRS risks $1 trillion revenue hit
Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue Service, along with other changes, are likely to incentivize reduced tax-payment ...
Trump revises his claims about tariff revenue, but he’s still wrong
How do we know that the president’s claims about tariff revenue are false? Because of the evidence provided by his own ...
N.C. Revenue offers penalty relief for hurricane victims after IRS extension
The N.C. Department of Revenue (NCDOR) will not assess (or will remove) specific late action penalties on selected state tax ...
Trump wants to 'abolish' the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?
U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class ...
Tariff revenue falls far short of Trump’s wildly inflated claims
Trump has repeatedly claimed that the U.S. was collecting $2 billion per day from tariffs. His own administration’s data ...
With Harvard Threat, Trump Tries to Bend the I.R.S. to His Will
Since the post-Nixon era, the Internal Revenue Service has had a degree of independence from the White House. President Trump ...
Donald Trump administration asks Internal Revenue Service to strip Harvard of tax-exempt status over campus antisemitism
The Trump administration formally requested the IRS to revoke Harvard University's tax-exempt status, alleging a failure to ...