Taxes

China is one of only three foreign nations — the others are Britain and Ireland — where Trump maintains a bank account, according to a Times analysis of Trump's tax records.

A district court judge had rejected renewed efforts to invalidate a subpoena that the office of Manhattan District Attorney Cyrus Vance Jr. issued to Trump’s accounting firm.

By implementing a land value tax, Philadelphia could alleviate tax burdens on its most at-risk populations and help the city’s economy.

The Bidens’ returns show the couple paid almost $300,000 in federal taxes in 2019, including almost $288,000 in personal income tax.

President Trump has reportedly claimed tens of thousands of dollars in tax deductions over expenses such as haircuts.

Federal law already exempts combat pay from income tax, but the N.J. law means pay residents earn while in combat zones won’t be subject to the state’s income tax as well.

The president is waging multiple court battles to shield his finances from scrutiny, including two cases involving subpoenas issued to his personal accounting firm.

Trump, according to his latest financial disclosure statement, reported that he had 14 loans on 12 properties.

Trump characteristically pushed those strategies to shrink his tax bill to the limit, perhaps to the breaking point.

President Trump paid $750 in federal income taxes in 2016 and 2017, according to the Times, which also says he’s fighting an IRS audit that could cost him over $100 million.

Trump has worked for decades to project himself as a hugely successful businessman. But The NY Times has revealed that he paid just $750 in federal income taxes in 2016.

Trump has fiercely guarded his tax filings, becoming the only president in modern times not to make them public.

Among the various projects now in line to be funded by state taxpayers are golf programs, shade trees and town hall renovations — mostly in Democratic districts.

Democratic leaders in the legislature have resisted the tax hike since Murphy became governor, but say the pandemic changed their minds.

The Trump administration has given employers the option to stop collecting payroll taxes. But workers may have to repay the money next year.