Latest Tax reform News

Wisconsin GOP leaders to push for 'long term' tax cuts

Nov. 22, 2022 17:01 PM EST

MADISON, Wis. (AP) — Wisconsin Republican legislative leaders said Tuesday they want to tap the state's projected record-high $6.6 billion budget surplus to make “transformational” and once-a-generation tax law changes, including eliminating a tax paid by businesses and lowering income taxes...

Editorial Roundup: New York

Nov. 10, 2022 19:41 PM EST

New York Post. November 9, 2022. Editorial: Thank you, Lee Zeldin, for starting to build a viable NY Republican future Well done, Lee Zeldin. You brought issues that matter to the fore and Gov. Kathy Hochul will have to listen. Your coattails had huge national...

Biden nominates Daniel Werfel as IRS Commissioner

Nov. 10, 2022 16:02 PM EST

WASHINGTON (AP) — President Joe Biden on Thursday nominated a new commissioner to steer the Internal Revenue Service forward as it gets a massive funding boost. The tax collection agency's current commissioner ends his term this week. Danny Werfel, who leads Boston Consulting...

Democrat Ron Wyden wins reelection to US Senate from Oregon

Nov. 08, 2022 23:49 PM EST

PORTLAND, Ore. (AP) — Oregon’s senior U.S. senator, Democrat Ron Wyden, won reelection easily Tuesday, defeating a Republican opponent who has never held elected office. Wyden, who was first elected to the Senate in 1996, chairs the powerful U.S. Senate Finance Committee and...