Trump, Iran war
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President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
The Supreme Court on Friday overturned the centerpiece of President Donald Trump's tariff plans, ruling the federal government illegally collected over $133 billion in taxes from American businesses. Now comes the battle over refunds for tariffs paid ...
The Supreme Court resolved the earlier Trump tariff case by finding that the statute Trump invoked, the International Economic Emergency Powers Act, conferred no power on any president to impose tariffs. With that off the table, the court did not have to examine whether the global emergency Trump asserted existed.
The Supreme Court decision striking down some of Trump's most sweeping tariffs injects new uncertainty into global trade.
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has expanded his coverage to include investments, ethics ...
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The Battle to Enact a Billionaire’s Tax In California
When the Los Angeles chapter of 50501, one of the loosely organized groups behind the No Kings marches against President Trump over the past year, heard about a proposed initiative to tax Californian billionaires,
It's been a chaotic few days for President Donald Trump's tariff policies, but one thing remains very true: Tariffs are not going to offset the federal income tax anytime soon. "As time goes by, I believe the tariffs paid for by foreign countries will ...