‘Unprecedented’ Tax Credit in GOP Megabill Would Fuel School Privatization
A tax credit proposal buried in the Big Beautiful Bill would allow school voucher fund donors to lower their taxes beyond the cost of their donations.
21 posts with this tag
taxes
Companies Back GOP Bill Slashing Food Aid While Touting Hunger Relief
The Trump White House is showcasing more than a dozen large companies endorsing the "megabill" that takes away food assistance from millions of low-income families.
Billionaires Set to Gain From Trump-GOP Tax Law Extension
The top 100 donors in federal elections gave more than three times as much to Republicans as to Democrats, according to a review of 2024 contribution data.
GOP Moves to Kill Direct File Following Intuit’s Lobbying Surge
Their reconciliation bill eliminates the free program and will push taxpayers back to a system to be developed with profit-driven tax prep companies.
Top Corporate PAC Money Recipient Leads GOP Tax Overhaul
Rep. Jason Smith, chair of the powerful tax-writing committee, took more PAC money from corporations last cycle than any House member since at least 2002.
Tesla Gets a Recharge From Trump’s Auto Tariffs
Auto industry analysts say Tesla, which is losing market share in EVs, stands to win from Trump's 25% tariff plan on foreign-made cars.
The Lobbyists Who Make Filing Your Taxes a Nightmare
Some of Intuit's lobbyists at a top D.C. firm recently held a swanky fundraiser for Senate Democrats.
Corporate PACs Reward Democrats Opposing Reconciliation Package
Nine Democrats threatening to sink the reconciliation bill pulled in more than $150,000 in PAC donations last month.
Neal’s Reconciliation Plan Lets Investment Managers Keep Their Tax Loophole
Richard Neal supported closing the carried interest loophole in 2007, then began receiving more donations from the securities and investment industry.
Health Care and Hedge Fund Execs Fundraise for Gottheimer as He Leads Moderate Crusade Against Reconciliation Bill
Rep. Josh Gottheimer (D-N.J.) is the unofficial leader of a bloc of conservative Democrats opposing the up to $3.5 trillion budget reconciliation package.