Scott Bessent stated he is ready to follow President Trump’s lead. Treasury secretary nominee Scott Bessent told the Senate Finance Committee last week that he would be “100…
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Senate Committee Chair Critiques Billionaire Life Insurance Plans
Senator Wyden decries the expense plans acting as legal tax havens for the ultra-wealthy. The Senate Finance Committee released a report this week after an 18-month investigation into…
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IRS To Clear 2021 Backlog This Week
Treasury secretary calls for additional funding as the service continues to struggle. The Internal Revenue Service (IRS) said on Tuesday that, by the end of this week, they…
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Senate Considers Minimum Wage Proposal
Incremental tax penalty proposed for large corporations. Senator Ron Wyden of Oregon pitched an alternative to raising the minimum wage in a statement released on Friday. “As chair…
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