U.S. House panel says 'time is of the essence' in Trump tax return fight
A U.S. House of Representatives committee on Tuesday urged a federal judge to quickly resolve its bid to obtain President Donald Trump's tax returns, which the Trump administration has refused to turn over. In a filing in the U.S. District Court for the District of ...
House Democrats sue Treasury, IRS chiefs for Trump tax returns
House Democrats asked a U.S. court to force the Treasury Department to turn over six years of President Donald Trump's personal and business tax returns. The long-expected lawsuit filed Tuesday is the latest attempt by Congress to assert oversight over the executive branch, as the ...
GOP Sen. Chuck Grassley blasts Democrats for using tax return demand as 'pretext' to get Trump
Senate Finance Committee Chairman Chuck Grassley blasted House Ways and Means Chairman Richard Neal for demanding that the IRS turn over President Donald Trump's tax returns. Grassley, an Iowa Republican, asserted in a lengthy speech on Thursday that Neal, a Massachusetts Democrat, did not have ...
Trump lashes out as Democrats open probes into his taxes and Russia ties
President Donald Trump blasted Democrats on Thursday as they prepared to launch a barrage of investigations into his Russia ties, real estate business and long-hidden taxes. Empowered by their election takeover of the House of Representatives, Democrats were to hold two hearings Thursday focused on ...
As Democrats target Trump's tax returns, his IRS audit claims loom large in potential legal fight
Congressional Democrats exploring ways to obtain President Donald Trump's tax returns may target the adequacy of the Internal Revenue Service audit that Trump often cites as his reason for not making the returns public, according to sources familiar with the matter. Such a strategy, focused ...
New York City will seek any taxes that President Donald Trump should have paid for money he received from his late father, Mayor Bill de Blasio said, following a New York Times report on the transactions. "It's clear to me that there are real ramifications ...
Trump earned $153 million and paid $36.5 million in taxes in 2005
U.S. President Donald Trump earned $153 million and paid $36.5 million in income taxes in 2005, paying a roughly 25 percent effective tax rate thanks to a tax he has since sought to eliminate, according to highly sought-after tax documents disclosed Tuesday night. The pages ...
Ex-Nova English teacher admits defrauding students in Japan out of $230,000
A man who taught English at a well-known chain of foreign language schools in Japan pleaded guilty Tuesday to defrauding his students out of more than $230,000. As part of a plea deal with prosecutors, Rick Mikaele pleaded guilty to mail fraud and impersonating a ...
Mexico drug cartel launders cash in small deposits in Big Apple banks
In the photos, Alejandra Salgado and her little brother, Francisco, look like ordinary tourists strolling the streets of Midtown Manhattan. He carries a shopping bag. She wears a white dress, a necklace and a leather tote slung over one shoulder. But the outings were hardly ...
Trump criticized for PTSD remark as Clinton rips him for gaming tax system
U.S. Republican presidential candidate Donald Trump's campaign defended comments he made on combat veterans and mental health on Monday, after some said his remarks implied service members diagnosed with post-traumatic stress disorder (PTSD) were weak. At an event with veterans in Herndon, Virginia, Trump called ...
Trump vows to fix tax system he exploits but plan would let rich pay less
The leak of some of Donald Trump's tax returns highlights enormous disparities in the tax code between high-income businesses and individuals and everyone else that may have allowed the Republican presidential nominee to avoid paying federal income taxes for nearly 20 years. Trump claimed more ...
U.S. Democratic presidential candidate Hillary Clinton will release her 2015 tax returns and her running mate, U.S. Sen. Tim Kaine and his wife, Anne Holton, will release the last 10 years of their tax returns within days, according to a source close to Clinton. The ...
