Many people wait until the end of the year to make contributions to their favorite charities and churches. But this year, those donations are unlikely to be deductible, as a result of the new tax law.
"Read my lips" succeeded at countering Bush's image problem. But if it improved his chances of being elected in 1988, it may have ruined his chances of being re-elected in 1992.
President Trump and congressional Republicans promised that taxpayers would be able to file their returns on a postcard, but the new IRS effort isn't quite that.
Democrats say the new tax law unfairly targets blue states. New York Gov. Andrew Cuomo says he will file a lawsuit, while confusion reigns for Americans who tried to prepay property taxes.
Big-money donors can already donate anonymously through social welfare groups. If Congress keeps a provision in the House tax bill, it would allow charitable organizations to play politics.
States have long argued that they are losing millions of dollars in uncollected taxes from online sales. Massachusetts is now trying a very Internet answer to this Internet problem.
House Ways and Means Committee Chairman Kevin Brady, R-Texas, discussed plans to revamp the federal tax code Tuesday morning, including a dramatic drop in corporate taxes and restructuring the IRS.