#tax-diversion

#tax-diversion

Low- and middle-income families and small businesses accounted for well over half of the U.S. population, yet they paid a disproportionate share of their incomes to the government due to IEEPA tariffs.

These figures reflect what we see every day. Compliance isn't difficult because people are careless—it's difficult because it's fragmented, deadline-driven, and overwhelmingly manual.

Micheál Martin believes the current rules mean some people are "unduly penalised" and the existing tax thresholds "don't reflect the modern reality for many families today."

According to Sen. Warren, TurboTax parent company Intuit donated more than $1 million to Trump's inauguration and has lobbied heavily against the program. (Companies like TurboTax offer similar tax filing services, but for a fee.)

Many of those developments will continue to affect SALT in 2026 as we see renewed challenges to Public Law 86-272, a federal law that prohibits states from imposing income taxes on out-of-state businesses that only solicit sales of tangible personal property in the state. There also will be developments involving digital advertising taxes, federal tax law changes, interstate disputes, and a US Supreme Court ruling involving the government's right to take property to satisfy a tax lien.

US president says massive' fraud has caused budget imbalance, but calculations do not support this. United States President Donald Trump has claimed that unearthing and ending fraud nationwide would eliminate the country's deficit. In particular, Trump has highlighted alleged public services fraud by Somalis in Minnesota and also said there is fraud in many other places. If we stop this fraud, this massive fraud, we're going to have a balanced budget, Trump said on Tuesday during a speech at the Detroit Economic Club.