richardneal
The Ways and Means Committee released Donald Trump‘s tax returns from 2015 to 2020, showing the former President paid more to foreign governments than the U.S. federal government. Trump kept financial accounts in China, Ireland and the United Kingdom from 2015 to 2017, years into his presidency. He also reported income in over a dozen countries, including China, India, Panama, Azerbaijan, Turkey, the Philippines and the United Arab Emirates. Many of those countries received more in taxes from Trump than the U.S. federal government. Trump failed to release his taxes when running for president, ...
uPolitics.com
House Democrats will likely reveal Donald Trump‘s taxes after a years-long battle over the secretive documents. The returns have remained privileged, despite the decades-long precedent that Presidential candidates voluntarily release their returns. Ways and Means Committee Chair Richard Neal (D-Massachusetts) has had the documents since November. After a lengthy court battle to get the returns, Neal is court-sanctioned from releasing details of the records in public. Currently, the taxes remain protected under privacy laws – releasing even the most basic tax information is a felony. The Way...
uPolitics.com
House Democrats have added paid family and medical leave back into their $1.75 trillion social services bill, a major element of President Joe Biden‘s domestic agenda. The now 2,135-page package also includes various other last-minute additions, including a plan to lower Medicare prescription drug prices. Disappointed by the results of Virginia’s gubernatorial race, Democrats are rushing to implement a number of Biden’s domestic proposals. Sen. Tim Kaine (D-Virginia) told reporters: “We’ve got to produce. We’ve got to get results for people.” Ways and Means Committee Chairman Richard Neal (D-M...
uPolitics.com
Washington, D.C. — In Case You Missed It, 14 national labor unions sent a biting letter last week to House Ways and Means Committee Chair Richard Neal. The letter urges Neal to strengthen the U.S.’ international tax laws to raise revenue that can pay for the spending of a multi-trillion-dollar reconciliation bill. The unions stress that tax laws should be changed to better support American workers rather than ultra-ultra-wealthy earners and corporations. Q2 2021 hedge fund letters, conferences and more Unions Push To Sstrengthen The U.S.' International Tax Laws“Our members live and work in eve...
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