
Herb Jackson
Newsletter Editor at Bloomberg Industry Group
Newsletter editor with @BBGIndustry | @PressClubDC board vice chair. Previously @RollCall & @CQNow, @NorthJersey, @AsburyParkPress, @AP, @daily_targum
Articles
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1 week ago |
news.bloombergtax.com | Kim Dixon |Zach Cohen |Herb Jackson
Republicans Push Forward on Trump’s Social Security Tax PledgeRepublicans are plowing ahead with their plan to extend the GOP’s 2017 tax law along with enacting President Donald Trump’s campaign promises. But one of those promises in particular faces a big obstacle in the procedure Republicans are using to avoid the need for Democrats’ votes. Trump’s pledge to eliminate taxes on Social Security income runs up against the budgetary procedure that allows lawmakers to bypass the Senate filibuster.
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1 month ago |
news.bloombergtax.com | Kim Dixon |Herb Jackson
What Trump’s DEI Order Means for the IRSIRS efforts to combat racial bias in audits are likely to flatline due to President Donald Trump’s executive order to dismantle federal diversity, equity, and inclusion programs.
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1 month ago |
news.bloombergtax.com | Chris Cioffi |Herb Jackson
Ways and Means Steps Up Work on 2017 LawHouse Ways and Means Committee Republicans are kicking their tax bill planning into a higher gear this week, after the GOP squeaked through a high-level budget framework last week. Members on the House panel told reporters last week that they expect weekly meetings in the coming weeks to discuss what may be in the committee’s tax-focused portion of the budget instructions.
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2 months ago |
news.bloombergtax.com | Naomi Jagoda |Herb Jackson
Ex-IRS Watchdog Raises Taxpayer Privacy ConcernsFormer National Taxpayer Advocate Nina Olson is warning of taxpayer data privacy violations amid Elon Musk’s Treasury Department team gaining access to the department payment systems. Basic information like a taxpayer’s name, Social Security number, refund amounts, and total debts can be viewed in this system, Olson said at a House Ways and Means oversight subcommittee hearing Tuesday. She currently is director of the Center for Taxpayer Rights.
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2 months ago |
news.bloombergtax.com | Kim Dixon |Herb Jackson
House Oversight Demands More on IRS Taxpayer LeaksThe GOP-led House Judiciary Committee is demanding the IRS provide more information about the leak of taxpayer information belonging to President Donald Trump and other billionaires. Former IRS contractor Charles Littlejohn admitted to stealing return information and providing it to news outlets. He pleaded guilty in 2023 to one count of unauthorized disclosure of taxpayer information and was sentenced in January 2024 to five years in prison.
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Austin Tice was taken nearly 13 years ago. Putin said he would ask Assad about him. Today’s call is an opportunity that cannot be wasted. @POTUS Trump, we need action NOW. #FreeAustinTice

RT @PressClubDC: WASHINGTON – Emily Wilkins, president of the National Press Club has issued the following statement on the wrongful detent…

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