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'Welfare for billionaire tax cheats': Trump's IRS ditches effort to close major loophole

The Trump administration quietly announced Thursday that it is abandoning a Biden-era effort to close a loophole that allows large business partnerships to repeatedly manipulate the value of their assets to minimize their tax obligations.

The Internal Revenue Service and Treasury Department announced the decision in a notice that received little attention in the mainstream press. The notice states that the administration, guided by an executive order President Donald Trump signed in February, intends to scrap so-called basis-shifting regulations that were finalized at the end of former President Joe Biden's White House term.

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Idaho gave families $50M for private schools — and scrapped $30M used for public education

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.

Just weeks after creating a $50 million tax credit to help families pay for private school tuition and homeschooling, Idaho has shut down a program that helped tens of thousands of public school students pay for laptops, school supplies, tutoring and other educational expenses.

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Militia founder wrongly identified as ICE agent in viral window-smashing video

Social media posts have been falsely claiming that a man with connections to Arizona and far-right militias was the Immigration and Customs Enforcement agent who smashed a car’s window with an axe to apprehend a Guatemalan immigrant. But that man has not been hired by ICE and is currently in Oklahoma spreading conspiracy theories there.

Michael “Lewis Arthur” Meyer is the founder of a group known as Veterans on Patrol which has been involved with a number of militia activities along the southern border often with a QAnon theme.

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'Let me finish': Trump 'Border Czar' Homan put on the spot in live MSNBC interview

MSNBC host Joe Scarborough was forced to speak over border czar Tom Homan on Friday morning as he lectured the Donald Trump appointee over the treatment of immigrants.

During the interview with the official tasked with handling Trump's mass deportations, the "Morning Joe" host asked Homan if he believed his people are treating detainees "humanely" at which point the two proceeded to butt heads.

Scarborough kicked off the squabble by asking about the Trump administration's hope that immigrants will "self deport," by asking, "If they if they go to the app or they go to ICE officials are you guaranteeing that if they want to self-deport and do it the right way, as you say, that they will be treated humanely and be allowed to go back to their homeland in a humane manner?"

ALSO READ: 'We know where this leads': How Trump’s crackdown puts Jewish people in peril

"We treat all people humanely," Homan pushed back with Scarborough interjecting, "A lot of people would disagree."

"I know there's a lot of bad stories out," the Trump official plowed ahead. "I think it's fake news. But look, I've been doing this, I've been well, I've been doing this since 1984; we do things humanely. We're the most giving nation in the world, we welcome more people to this country, refugees, than any other nation in the world. This is a very giving nation, and I've been in this business since 1984, and we do everything humanely."

"Well. I think, Mr. Homan, I've always said America's fed and freed more people across the world than than any country that's ever existed. We are city like [Ronald] Reagan said, that shines brightly on the hill for all the world to see," Scarborough agreed before countering, "I think, though, people are saying some of the situations, especially with what's happened with people being pulled off the streets and sent down to a maximum security prison in El Salvador without any due process ––."

"But you know, but you know, Joe, what people look and people are," Homan interrupted.

"If you let me finish and then I'll, sir," the MSNBC hoist admonished his guest. "I'll let you finish. That strikes a lot of Americans as being un-American and that even people like myself that's been talking about the need for strong borders for 30 years."

"You know, I think a lot of conservatives, and I could read you quotes from a lot of conservatives here who say they want gang members out, they want violent members out, but there's a right way to do it, and there's a wrong way to do it," he lectured. "And a lot of people believe that what we've seen over the past three months is the wrong way to do it."

You can watch below or at the link.

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'I back the Black': Rift as Florida proposes banning anonymous complaints about cops

A proposal that would lift the anonymity of people filing complaints against a law enforcement officers advanced in a Florida House committee on Thursday, even though key players in Florida law enforcement are divided about whether the legislation is truly “Backing the Blue.”

The proposal sponsored by Miami-Dade Republican Tom Fabricio (HB 317) would require a person who initially files an anonymous complaint about a law or corrections officer in the state to have to give up his or her anonymity before any interrogation of that officer can commence.

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Pennsylvania truck company blames tariffs as it announces huge layoffs

Mack Trucks will lay off between 250 and 350 workers at its Lehigh Valley Operations center outside Allentown over the next three months, due to economic uncertainty caused by U.S. tariffs, a company spokesperson said Thursday.

“Heavy-duty truck orders continue to be negatively affected by market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs,” spokesperson Kimberly Pupillo said.

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US-born citizen accused of entering Florida as 'unauthorized alien' finally freed

Juan Carlos Lopez-Gomez held his mother in a tight embrace and wept following his release from the Leon County Jail Thursday evening, where the U.S. citizen was held after his arrest for illegally entering Florida as an “unauthorized alien.”

An official with Homeland Security Investigations in Tallahassee took Lopez-Gomez, a 20-year-old born in Georgia, to a Wendy’s near the jail, where he reunited with his mother after spending more than 24 hours under arrest following a traffic stop in which he was a passenger.

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'I was shocked': CNN expert stunned by 'how the cards have turned' for Marco Rubio

Secretary of state Marco Rubio threatened to "move on" from efforts to end the war in Ukraine if meaningful progress can't be made in the next few days, and CNN panelists tried to make sense of his remarks.

Rubio warned the U.S. would abandon talks "in a matter of days" if a deal cannot be reached, and Axios media correspondent Sara Fischer noted how dramatically the secretary of state had apparently changed his position on the conflict.

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'Irony': Expert warns Trump is shooting self in foot with war on data

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.

More children ages 1 to 4 die of drowning than any other cause of death. Nearly a quarter of adults received mental health treatment in 2023, an increase of 3.4 million from the prior year. The number of migrants from Mexico and northern Central American countries stopped by the U.S. Border Patrol was surpassed in 2022 by the number of migrants from other nations.

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'Utterly reprehensible': Ex-prosecutor puts Pam Bondi on notice for 'refusing' judge order

The Justice Department and Attorney General Pam Bondi are “leading the charge” to paint Kilmar Abrego Garcia as a “bad guy,” according to a new analysis from Joyce Vance.

Abrego Garcia was mistakenly sent to a prison used to house terrorists and gang members in El Salvador.

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'I don't want to get sued': CNN host repeatedly fact checks GOP ex-candidate to her face

A former Republican congressional candidate was admonished on CNN for hurling accusations at a Maryland man who was mistakenly deported to a notorious El Salvador prison.

Sen. Chris Van Hollen (D-MD) finally made face-to-face contact with Kilmar Abrego Garcia, a married father who was sent by the Trump administration to the infamous CECOT mega prison, but the White House pushed back on the senator's efforts in El Salvador by inviting the mother of a Maryland woman who was slain by an undocumented migrant from that country.

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'What's going on here?' MSNBC host stunned by White House court response

The refusal of Donald Trump's administration to accept that the courts have ruled that it must bring back to the U.S. Kilmar Abrego García from a maximum security El Salvador prison where he was mistakenly sent left the panel on MSNBC's "Morning Joe" grasping for reasons to explain their refusal to accept the loss, have him returned and put out the firestorm.

Citing a brutal appeals court ruling that Trump and his Department of Justice are brazenly flouting rulings from a unanimous Supreme Court on down, co-host Joe Scarbrough was incredulous the president and his advisers have failed to read the room when even conservative Trump allies have also taken the side of the Maryland father of three.

After pointing out that Judge J. Harvie Wilkinson III wrote the case “should be shocking not only to judges, but to the intuitive sense of liberty that Americans far removed from courthouses still hold dear,” Scarborough piled on.

ALSO READ: 'We know where this leads': How Trump’s crackdown puts Jewish people in peril

"It's pretty unambiguous," he exclaimed. "I mean in 2019 a judge ruled he [Abrego Garcia] couldn't be taken out of the country. The Trump administration then obviously agreed –– they didn't appeal it. The Trump administration this time said we made a mistake and, again, it's just like the Signalgate thing : know when to say, 'Hey, we made a mistake, we're going to bring you back and move on.'"

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'A new low': Conservative buries Stephen Miller for 'delusional' attack on Supreme Court

Donald Trump policy advisor Stephen Miller was raked over the coals late Thursday for what longtime conservative columnist Ed Whelan called his "brazen" Fox News appearance where he attempted to misrepresent a Supreme Court ruling on the return of deported Maryland dad Kilmar Armando Abrego Garcia.

In his column for the National Review, Whelan broke down Miller's rambling attempt to defend the administration's decision to blow off a unanimous ruling from the conservative court for the DOH to "facilitate" the return of Abrego Garcia, with what the conservative critic called "delusional" reasoning.

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