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Rage as Trump's 'bizarre' rain-tax ruling roils waters on Chesapeake Bay

Just months after federal officials joined Chesapeake Bay states in December to renew their pledge to restore the nation’s largest estuary, President Donald Trump on Wednesday rescinded an Obama-era executive order that called for federal leadership in the effort.

Trump’s executive order also railed against stormwater management fees, which he labeled “rain taxes” — a refrain from Republican Larry Hogan’s successful 2014 campaign for governor — arguing that they “impose hundreds of dollars in annual financial burdens on residents and small businesses,” with “little to no measurable benefits to the Chesapeake Bay.”

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Trump’s blatant Kennedy Center lies unmasked with release of new tax returns: report

President Donald Trump’s claim that the Kennedy Center he’s now threatening to demolish was losing “hundreds of billions” of dollars before he “got involved” was exposed Friday as a blatant lie after Zeteo obtained a copy of the center’s 2025 tax returns.

Trump’s takeover of the Kennedy Center hit a snag in June after a federal judge ordered the president’s name be removed from the iconic building. Trump’s name has since been removed from the center’s facade, though Trump and his aides have renewed efforts to return the president’s name to the building’s signage.

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Analyst spots 'catch' in Trump's latest tax holiday: 'Band-aid that arrived too late'

President Donald Trump's latest attempt to reduce costs ahead of the midterm elections comes with a significant "catch," according to one analyst.

CNN's Matt Egan, senior business reporter, discussed Trump's executive order to suspend federal highway taxes on red-dye diesel, which is typically used for off-road purposes, on CNN's "News Central" with host Boris Sanchez. Trump signed the executive order at his rally in Grand Island, Nebraska, on Monday, an order that he seemed confused by when he told the crowd about it.

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'Misguided' Trump admin shredded for rule that could yank tax credits from immigrant kids

Hundreds of thousands of US citizen children could lose access to key benefits as part of a Trump administration proposal to strip tax credit refunds away from immigrant families, including those with legal status.

In August, the US Treasury Department and Internal Revenue Service (IRS) proposed rules redefining four tax credits—the adoption tax credit, child tax credit (CTC), American opportunity tax credit, and earned income tax credit (EITC)—as “federal public benefits” under a decades-old welfare reform law, meaning that certain groups of noncitizens, not considered “qualified aliens,” would be ineligible to claim refunds from them.

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Infuriated Trump threatens NYC  'Jihadists' for taxing elites' glitzy second homes

President Donald Trump floated the idea of intervening in New York City’s new tax policy on secondary homes spearheaded by Democratic Mayor Zohran Mamdani, while also letting fly a series of attacks on city officials and leaders he dubbed as “Radical Left Jihadists.”

Taking effect on July 1, New York City’s new pied-à-terre tax institutes an annual surcharge on luxury New York City homes valued above $5 million that aren't used as the owner's primary residence, and is expected to generate at least $500 million a year. The tax has sparked outrage among conservatives, including Trump.

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'Brazenly corrupt': Rage mounts as GOP pushes Trump tax protection

Republicans on the Senate Finance Committee voted Thursday to block a Democratic amendment that would have prohibited the Internal Revenue Service from giving sweeping tax audit immunity to President Donald Trump, his family, and their businesses.

If passed, the amendment would have nullified a central element of the deal that the US Justice Department cut with the IRS in May to settle Trump’s $10 billion lawsuit against the tax agency. Experts have argued that such broad audit immunity is unlawful, and Democrats have warned the agreement could leave the IRS with no recourse if Trump decided to dodge taxes on the billions of dollars he has pocketed during his second stint in the White House.

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Experts sound alarm: Trump's tax bill has America barreling toward 'hunger crisis'

Fiscal experts are raising red flags on Tuesday: President Donald Trump's "Big Beautiful Bill" is cutting food aid more drastically than estimates originally predicted.

According to new data from the Center on Budget and Policy Priorities (CBPP), millions of people have already been thrown off of the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps.

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'New potential whistleblower': Legal expert flags Trump tax lawyer ouster as major blow

The Trump administration's ouster of a top Internal Revenue Service attorney might have created a "new potential whistleblower" who could reveal "what is really going on in the White House," a legal expert warned Saturday.

Legal AF analyst Michael Popok, responding the Wall Street Journal report that top Treasury Department tax policy official Kenneth Kies had been forced out of his job, noted he "used to be Donald Trump's personal tax lawyer and lobbyist."

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