President Donald Trump has made tens of millions of dollars of rental income that could be subjected to a special new tax break in the Republicans’ tax legislation released Friday.
The new tax break — slipped into the final bill — specifically benefits people who own large real estate holdings through LLCs and partnerships, experts said.
House Speaker Paul Ryan and 12 other Republicans are crafting tax provisions that could end up making them big money.
On the eve of the FCC’s vote, some prominent GOP lawmakers are now demanding the net neutrality rules be preserved.
GOP’s middle-of-the-night tax break for oil and gas investors would benefit some of the Republican Party’s wealthiest legislators
Following an IBT report on payday lenders' campaign donations to Mick Mulvaney, two Democratic senators —and possible presidential candidates — called out the acting CFPB director's conflicts of interest.
Correspondence obtained by IBT shows Trump's financial regulator went to bat for the finance industry that was bankrolling his campaigns.
Kansas GOP Sen. Pat Roberts represents Koch Industries home state in Congress — and pushed to let the billionaire brothers write off their donations to secretive political groups.
As Republican lawmakers prepare to finalize a sweeping tax cut bill, their former aides are back in congressional offices, now representing the real estate, tech, health care and private jet management industries.
A last-minute provision would give the GOP’s fossil-fuel donors a new tax break.
GOP lawmakers from two states hit hard by the tax initiative may end up on the panel that will shape the bill. Will they be pushed to make changes?
Stealth foreign influence? There’s nothing stealthy about it: It’s a big, open, bipartisan business, according to an IBT/MapLight investigation.
Documents reviewed by IBT show Bermuda and the Cayman Islands trying to prevent a crackdown on offshore tax maneuvers.
Trump's move to kill “net neutrality” rules has drawn outrage — but an obscure lawsuit could remove all the internet’s remaining free speech and consumer protections.
Former Labor Secretary Robert Reich told IBT that the Democratic Party “is just a big fundraising machine” now, and that the failure to fix structural problems in the economy helped Donald Trump win the White House.
Agencies like the Consumer Financial Protection Bureau were set up to be independent and insulated from White House political pressure. But by naming only interim, acting chiefs, Trump keeps them on a short leash.
Mick Mulvaney may run the agency considering sanctions against Santander — while his former top aide lobbies for the bank.
Actor Jason Segel told IBT that the Weinstein sexual harassment scandal tells powerful men, “You can't just take what you want.”
Pensions, universities and nonprofits are stashing public money offshore, despite secret documents that acknowledge the risks.
The Democratic rising star alleged that Navient has saddled borrowers across the country with crushing debts.