By Newsweek Senior Editor-at-Large and host, "The Josh Hammer Show"Writers Page Josh HammerNewsweek senior editor-at-large and host, "The Josh Hammer Show"Newsweek Is A Trust Project MemberSpeed: 0.5xSpeed: 1xSpeed: 1.5xSpeed: 2x🎙️ Voice is AI-generated. Inconsistencies may occur.It has be...

Recent changes in U.S. tax law have significantly reduced the IRS's ability to monitor small business and independent contractor income through third-party reporting requirements. Reversing some prior adjustments, the law reinstates higher thresholds for payment apps like Venmo and raises the minimum amounts for reporting non-employee compensation. These changes aim to lessen paperwork burdens for businesses and reduce penalties, but could also lead to decreased federal revenue due to increased income underreporting, which remains a major factor in the country's tax gap.

A new AEI report highlights that President Trump’s aggressive immigration enforcement could lead to a decline in the U.S. labor force, reduced GDP growth, and increased economic challenges. The expected net migration drop in 2025 may result in billions of dollars in lost economic output, with broader implications for Social Security and community well-being.

By Kevin Hern U.S. RepresentativeNewsweek Is A Trust Project MemberSpeed: 0.5xSpeed: 1xSpeed: 1.5xSpeed: 2x🎙️ Voice is AI-generated. Inconsistencies may occur.The U.S.

Politics Adriana Gomez LiconAssociated PressPublished: May 13, 2025 at 7:21 AMUpdated: May 13, 2025 at 9:11 AMTags: Ruben Gallego, Patricia Campos-Medina, U.S. news, Kamala Harris, Thomas Perez, Business, Politics, Chuck Rocha, Bernie Sanders, Joe Biden, 2024 United States presidential electi...

Skip to main content US Top National News See All Communities Politics & GovernmentWhile President Trump's tariffs remain tied up in ongoing legal battles, another provision in his proposed legislation is drawing scrutiny.Kat Schuster, Patch StaffPosted Fri, May 30, 2025 at 6:36 pm ET Secti...

Tisha Johnson of the Amazon-backed startup introduces the Slate, a compact, customizable electric pickup truck designed for affordability, longevity, and community-driven modifications. Despite skepticism in Europe and the US, the Slate aims to revolutionize automotive ownership by emphasizing durability, simplicity, and owner personalization, challenging traditional industry norms.

A recent report from the American Accountability Foundation reveals that many leaders in the IRS’s Large Business and International division are registered Democrats or display liberal anti-Trump sentiments on social media. The division, overseen by Holly Paz, shows a significant partisan tilt toward Democrats and critics of Trump, raising concerns about potential bias in IRS operations. Several top officials have publicly expressed discontent with the Trump administration's policies, and some have been removed or are known for liberal social media activity. The findings highlight the politicized landscape within IRS leadership and its possible implications.

The article discusses opposition from the Mexican government and international figures to a proposed 5% tax on remittances in the House Republican bill, which would affect millions of migrants, including visa holders. Mexico's ambassador to the U.S. and Mexican President Claudia Sheinbaum have criticized the measure, citing economic harm and issues of fairness. The bill anticipates generating significant revenue but raises concerns over double taxation, impact on vulnerable communities, and potential increases in unregulated financial activities.