Trump tax returns raise alarms about fairness of US tax code

A preliminary review of the thousands of pages of Donald Trump’s tax returns released by a key Congressional committee on Friday confirms that the former president was using business losses in the tens of millions of dollars to reduce his annual tax liability, in some cases all the way down to zero.  While one of

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Trump, McCarthy, Biden: Six political storylines that will shape 2023

After a 2022 that saw Democrats celebrate passing key parts of their agenda and defy expectations in the midterms, the next year is set to bring about change in Congress and set the table for another big election year. Tuesday will see the swearing in of a divided Congress. The 2024 presidential field will take shape as Republicans mull whether to take on former President Trump, while President Biden’s own future takes center stage for Democrats. And the Supreme Court could once again reshape the political arena with major rulings. Here are six storylines to watch that w

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McCarthy offers concessions to detractors with House Rules package

House GOP Leader Kevin McCarthy (R-Calif.) offered some key concessions to his detractors in a House Rules package released by Republicans on Sunday, but it is still far from clear whether the moves will help him lock up the votes necessary to become Speaker on Jan. 3. The compromises include allowing a move to “vacate the chair” — a move to force a vote on ousting the Speaker — with the approval of five Republican members, rather than a threshold of at least half of the House GOP Conference that Republicans adopted in an internal rule in November.  The chamber is also s

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Trump says 'abortion issue' responsible for GOP underperforming expectations in midterms

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Vice President Harris reaches 2023 at a crossroads

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