In a statement released Tuesday, Amazon CEO Jeff Bezos came out in support of President Joe Biden’s proposed infrastructure plan, even though the package would significantly raise the corporate tax ...

President Joe Biden outlined a huge $2.3 trillion plan Wednesday to reengineer the nation’s infrastructure in what he billed as “a once-in-a-generation investment in America” that would undo his ...

Hunter Biden, son of US President Joe Biden, arrives at court for his trail on tax evasion in Los Angeles, California, on September 5, 2024. Hunter Biden offered to plead guilty in his tax evasion ...

President Joe Biden appears willing to make a significant concession to Republicans in the hopes of getting his proposed infrastructure package passed in a bipartisan manner, according to reports from ...

WASHINGTON—Large companies are running into a problem as they try to claim some of the tax cuts that the Republican Congress passed this summer: They can’t escape the corporate tax increase that ...

As a candidate, President Joe Biden proposed raising the federal tax rate on corporations from 21% to 28%, so that "wealthy Americans and big corporations pay their fair share." But after pushback in ...

WASHINGTON, March 9 (Reuters) - U.S. President Joe Biden released his administration's budget proposal for fiscal 2024 on Thursday. While the document is always a bit of a wish list, and especially so ...

A study estimated that 62% of capital gains would be subject to a higher tax under the White House plan, but less than 3% of those reporting gains would be affected. Olympia passes a 7% tax on gains, ...