Using funds provided by the Inflation Reduction Act, the IRS has already collected more than $520 million from 1,600 millionaires who had unpaid tax bills of more than $250,000. The IRS could collect as much as $851 billion in additional tax revenue over the next decade.
While Republicans push shortsighted tax cuts with ill-intended consequences, Democrats are committed to crafting a state budgets that are sound in policy and intention.
@coppercourier Millions of American workers who are currently classified as “independent contractors” or ‘gig’ workers lack crucial workplace benefits such as overtime pay and access to unemployment insurance. That will soon change thanks to a new Biden...
The change could potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks, which were gearing up for a battle even before Wednesday's announcement. Exactly how much revenue depends on which version of the new regulation is adopted.
Hobbs proposed bringing back a requirement that students who use vouchers for private schools must have first attended public school.
Republicans introduced a bill to close Arizona’s economic development agency, which was created in 2011 in response to the Great Recession.
@coppercourier Former President Donald Trump hopes the US economy will crash this year so he doesn’t get the blame if he wins a second term this November. “When there’s a crash, I hope it’s going to be during the next 12 months because I don’t want to be Herbert...
Most American families must work and earn paychecks to support themselves, but many of the wealthiest Americans are able to live off unrealized gains thanks to a tax loophole that Republicans refuse to fix.
