# tax cut (blogs) — RSS Amplifier Recent posts from the 4 feeds in the RSS Amplifier directory that cover tax cut. Page: Feed: --- ## [The Trump Administration Slashed Taxes for H&R Block and Raised Costs for Tax Filers](https://itep.substack.com/p/the-trump-administration-slashed) _2026-08-21 · ITEP · Just Taxes_ H&R Block paid zero federal income tax on $527 million in U.S profits last year. ## [Factsheet: When corporations and the wealthy don’t pay what they owe, you’ll pay the price!](https://ncbudget.org/whopays/) _2026-08-18 · Mel Umbarger · NC Budget & Tax Center_ North Carolina’s tax code is UPSIDE-DOWN. People with incomes in the bottom 20% (\<$25,000 annually) pay the greatest share of their income in state and local taxes — more than 10 percent. Meanwhile, the richest 1% (\>$870,000 annually) pay the lowest share of their income in state and local taxes just $6 out of every… The post Factsheet: When corporations and the wealthy don’t pay what they owe,… ## [Six Companies Reaped $83 Billion in Federal Tax Breaks in 2025](https://itep.substack.com/p/six-companies-reaped-83-billion-in) _2026-08-14 · ITEP · Just Taxes_ Microsoft received a record high at $18.7 billion. ## [Reflections on my summer internship with the NC Budget & Tax Center](https://ncbudget.org/reflections-on-my-summer-internship-with-the-nc-budget-tax-center/) _2026-08-13 · Xitlalli Gomez · NC Budget & Tax Center_ This summer, I had the opportunity to serve as a Community Building Intern with the NC Budget & Tax Center (BTC). I believe this experience has given me a greater understanding of how research, data, and community engagement work together in public policy, which will benefit my studies as I enter my senior year at… The post Reflections on my summer internship with the NC Budget & Tax Center… ## [Why NYC's Pied-à-Terre Tax Rollout Is Not Worth a Meltdown](https://itep.substack.com/p/why-nycs-pied-a-terre-tax-rollout) _2026-08-10 · ITEP · Just Taxes_ New Yorkers, please pay your city income taxes. ## [Fact Sheet: Tax ballot measures are bad for local business](https://ncbudget.org/fact-sheet-tax-ballot-measures-are-bad-for-local-business/) _2026-08-07 · Alex Campbell · NC Budget & Tax Center_ North Carolina voters will see two tax measures on their ballots in November that will limit state and local government revenue options and lock in outsized tax breaks for big business. These measures would lower the maximum allowable personal and corporate income tax rates to 3.5 percent and impose a limit on property tax revenue… The post Fact Sheet: Tax ballot measures are bad for local… ## [ICYMI: Speaker Johnson Visits Manufacturing Facility to Discuss Historic Success of the Working Families Tax Cuts](https://www.speaker.gov/2026/08/06/icymi-speaker-johnson-visits-manufacturing-facility-to-discuss-historic-success-of-the-working-families-tax-cuts/) _2026-08-06 · Meredith Turton · Speaker of the House Mike Johnson_ Johnson joined Secretary Bessent, Rep. Ciscomani for a factory tour and roundtable at a PepsiCo-Frito Lay manufacturing facility in Arizona WASHINGTON — Yesterday, Speaker Johnson joined Secretary of the Treasury Scott Bessent and Rep. Juan Ciscomani at the PepsiCo-Frito Lay manufacturing facility in Casa Grande, Arizona to discuss how the Working Families Tax Cuts have benefitted American workers… ## [New report: Data center subsidies are a bad deal for North Carolinians](https://ncbudget.org/data-center-pr/) _2026-08-06 · Mel Umbarger · NC Budget & Tax Center_ As data centers rapidly expand across North Carolina, a new report from the NC Budget & Tax Center finds that taxpayers are subsidizing one of the world’s most profitable industries while receiving little in return. The report concludes that data center tax subsidies cost the state and local governments hundreds of millions — and eventually… The post New report: Data center subsidies are a bad… ## [North Carolina’s data center subsidy problem](https://ncbudget.org/datacenters/) _2026-08-06 · Alex Campbell · NC Budget & Tax Center_ Big tech is investing billions of dollars into data centers and the infrastructure needed to support the buildout. Meanwhile, instead of regulating this highly extractive industry and making corporations pay what they owe, some North Carolina lawmakers continue to slash away at income tax rates and barrel ahead to eliminate the corporate income tax entirely… The post North Carolina’s data center… ## [Consumption tax cut policy approved | Japan Daily Briefing](https://observingjapan.substack.com/p/consumption-tax-cut-policy-approved) _2026-08-06 · Tobias Harris · Observing Japan_ But more hurdles await the legislation in the Diet ## [Refer a Friend, Earn Rewards (Sponsored)](https://crawlproof.com/a/6cK6bEetqCEZ) _2026-08-06 · **Sponsored**_ Earn rewards when friends get the Graphite Business Card through your referral. ## [Missouri Voters Reject a Damaging Tax Shift onto Working Families](https://itep.substack.com/p/missouri-voters-reject-a-damaging) _2026-08-05 · ITEP · Just Taxes_ Only 17% of voters said yes. ## [Tokyo and Washington confirm unusual joint intervention | Japan Daily Briefing](https://observingjapan.substack.com/p/tokyo-and-washington-confirm-unusual) _2026-08-04 · Tobias Harris · Observing Japan_ More questions than answers about what comes next ## [Fiscal fractures on full display | Japan Daily Briefing](https://observingjapan.substack.com/p/fiscal-fractures-on-full-display) _2026-08-01 · Tobias Harris · Observing Japan_ Thank you for reading Observing Japan. Japan Daily Briefing is a feature for paid subscribers. ## [Consumption tax decision roils Tokyo | Japan Daily Briefing](https://observingjapan.substack.com/p/consumption-tax-decision-roils-tokyo) _2026-07-31 · Tobias Harris · Observing Japan_ Takaichi's tax cut announcement could spur division within the LDP and sets the stage for intense parliamentary battle this fall ## [North Carolina’s tax cuts will cost $900 million. Here is what families lose.](https://ncbudget.org/north-carolinas-tax-cuts-will-cost-900-million-here-is-what-families-lose/) _2026-07-30 · Amaya Gaines · NC Budget & Tax Center_ After leaving North Carolina without a comprehensive operating budget for a year, state lawmakers finally approved a spending plan for FY 2026-27. Yet, despite having ample time — and broad public support across party lines — to address affordability concerns, lawmakers made only modest changes to the scheduled personal income tax while preserving the continued… The post North Carolina’s tax cuts… ## [Microsoft Reports a 2.44 Percent Federal Tax Rate on a Record $101 Billion in Profits](https://itep.substack.com/p/microsoft-reports-a-244-percent-federal) _2026-07-30 · ITEP · Just Taxes_ Microsoft’s latest annual financial report shows the company achieved record profitability while it avoided federal income tax on almost all of its U.S. ## [Government mobilizes disaster response in Kumamoto | Japan Daily Briefing](https://observingjapan.substack.com/p/government-mobilizes-disaster-response) _2026-07-30 · Tobias Harris · Observing Japan_ But the prime minister is also ready to move ahead with a consumption tax cut ## [Flying Under the Tax Radar: How Profitable Airlines Avoided Federal Income Taxes in 2025](https://itep.substack.com/p/flying-under-the-tax-radar-how-profitable) _2026-07-29 · ITEP · Just Taxes_ Are you paying more for flights than airlines are paying in taxes? ## [Takaichi unperturbed by falling approval | Japan Daily Briefing](https://observingjapan.substack.com/p/takaichi-unperturbed-by-falling-approval) _2026-07-27 · Tobias Harris · Observing Japan_ After another weekend of bad polls, the prime minister spent Monday defending her record ## [Diet heads into recess after acrimonious session | Japan Daily Briefing](https://observingjapan.substack.com/p/diet-heads-into-recess-after-acrimonious) _2026-07-25 · Tobias Harris · Observing Japan_ Prime Minister's leadership of the Diet questioned even by LDP lawmakers ## [Pirate.io on Google Play (Sponsored)](https://crawlproof.com/a/0g9CMJ3tuGMH) _2026-07-25 · **Sponsored**_ Open the Pirate.io listing on Google Play to view the app’s details. ## [Speaker Johnson: Once Again, House Republicans Deliver](https://www.speaker.gov/2026/07/23/speaker-johnson-once-again-house-republicans-deliver/) _2026-07-23 · Meredith Turton · Speaker of the House Mike Johnson_ WASHINGTON — Yesterday, Speaker Johnson delivered remarks following House passage this week of the budget resolution to unlock Reconciliation 3.0, the Stop Insider Trading Act, the FY27 NDAA, and the clean continuing resolution to fund the government through the midterm elections. “Americans demand a few things that are common sense. They demand secure elections, they want \[…\] The post Speaker… ## [House Republicans Pass Budget Resolution Unlocking Legislation to Secure American Elections and Strengthen Our Homeland](https://www.speaker.gov/2026/07/22/house-republicans-pass-budget-resolution-unlocking-legislation-to-secure-american-elections-and-strengthen-our-homeland/) _2026-07-22 · Meredith Turton · Speaker of the House Mike Johnson_ WASHINGTON — Speaker Johnson, Leader Scalise, Whip Emmer, and Chairwoman McClain today released the following statement after House passage of the Budget Resolution for Reconciliation 3.0 — the SAVE and Protect America Act: “Today, House Republicans passed the Budget Resolution for Reconciliation 3.0 — the SAVE and Protect America Act — which puts Congressional Republicans on \[…\] The post House… ## [House Passes the Stop Insider Trading Act](https://www.speaker.gov/2026/07/22/house-passes-the-stop-insider-trading-act/) _2026-07-22 · Meredith Turton · Speaker of the House Mike Johnson_ 198 House Democrats vote against legislation banning Members of Congress from purchasing individual stocks, profiting from inside information WASHINGTON — Speaker Johnson today released the following statement after House Republicans passed H.R. 7008, the Stop Insider Trading Act. “For too long, Americans struggling to make ends meet have watched as lawmakers have entered office just to leave \[…\]… ## [House Republicans Are Rebuilding the Arsenal of Freedom](https://www.speaker.gov/2026/07/22/house-republicans-are-rebuilding-the-arsenal-of-freedom/) _2026-07-22 · Meredith Turton · Speaker of the House Mike Johnson_ House passes FY27 National Defense Authorization Act WASHINGTON — Speaker Johnson released the following statement after House passage of H.R. 8800, the National Defense Authorization Act (NDAA) for Fiscal Year 2027. “The FY27 National Defense Authorization Act will ensure America maintains the most lethal, most dynamic, most capable fighting force in the world. This year’s NDAA builds \[…\] The… ## [Cabinet approves Takaichi's fiscal experiment | Japan Daily Briefing](https://observingjapan.substack.com/p/cabinet-approves-takaichis-fiscal) _2026-07-22 · Tobias Harris · Observing Japan_ Takaichi government enters new stage as Basic Policy and growth strategy are adopted ## [Speaker Johnson: Reconciliation 3.0 is Essential to Election Integrity and National Security](https://www.speaker.gov/2026/07/21/speaker-johnson-reconciliation-3-0-is-essential-to-election-integrity-and-national-security/) _2026-07-21 · Meredith Turton · Speaker of the House Mike Johnson_ WASHINGTON — This morning, at the weekly House Republican Leadership press conference, Speaker Johnson previewed House Republicans’ consequential week ahead and highlighted Republican efforts to secure American elections and provide for our national defense through the SAVE and Protect America Act. Speaker Johnson also discussed House Republicans taking action to responsibly fund the government,… ## [Speaker Johnson Welcomes The Right Honorable Sir Lindsay Hoyle, MP, Speaker of the House of Commons, to U.S. Capitol](https://www.speaker.gov/2026/07/21/speaker-johnson-welcomes-the-right-honorable-sir-lindsay-hoyle-mp-speaker-of-the-house-of-commons-to-u-s-capitol/) _2026-07-21 · Meredith Turton · Speaker of the House Mike Johnson_ WASHINGTON — Today, Speaker Johnson hosted The Right Honorable Sir Lindsay Hoyle, MP, Speaker of the House of Commons, for a bilateral meeting at the U.S. Capitol. Their meeting follows Speaker Johnson’s visit to the House of Commons in January, when he became the first U.S. Speaker to address the British Parliament. Both Speaker Johnson and Speaker Hoyle delivered brief \[…\] The post Speaker… ## [Takaichi's approval plunges | Japan Daily Briefing](https://observingjapan.substack.com/p/takaichis-approval-plunges-japan) _2026-07-21 · Tobias Harris · Observing Japan_ Public views shift after weeks of bad news ## [Diet session extended after frantic Friday | Japan Daily Briefing](https://observingjapan.substack.com/p/diet-session-extended-after-frantic) _2026-07-18 · Tobias Harris · Observing Japan_ The government wins a victory but Takaichi's leadership questioned ## [Speaker Johnson on Reconciliation 3.0: Safeguarding American Elections is Important to the American People and it’s Important for the Future](https://www.speaker.gov/2026/07/15/speaker-johnson-on-reconciliation-3-0-safeguarding-american-elections-is-important-to-the-american-people-and-its-important-for-the-future/) _2026-07-15 · Meredith Turton · Speaker of the House Mike Johnson_ Speaker Johnson and Vice President J.D. Vance hold press availability on Reconciliation 3.0 WASHINGTON — This afternoon, Speaker Johnson delivered remarks following House Republicans’ conference meeting with Vice President J.D. Vance regarding the budget resolution for Congressional Republicans third reconciliation bill — the SAVE and Protect America Act. “It’s our best shot at enacting our… ## [Ultra-Quiet Business Mini (Sponsored)](https://crawlproof.com/a/81jPBVYBqGmL) _2026-07-15 · **Sponsored**_ Compact business mini, ultra-quiet for focused work. ## [Speaker Johnson on the Rise of Radical Communists in the Democrat Party: “The Barbarians are Inside the Gate”](https://www.speaker.gov/2026/07/14/speaker-johnson-on-the-rise-of-radical-communists-in-the-democrat-party-the-barbarians-are-inside-the-gate/) _2026-07-14 · Meredith Turton · Speaker of the House Mike Johnson_ WASHINGTON — This morning, at the House Republican Leadership press conference, Speaker Johnson joined Leader Scalise, Chairwoman McClain, and Rep. Carlos Gimenez – whose family fled communism in Cuba – in highlighting the horrors of socialism and communism. Speaker Johnson also addressed the rise of anti-American, communist candidates currently taking over the Democrat Party. “This philosophy \[…\]… ## [Trump Administration Says Shining Light on Corporate Tax Avoidance is ‘Very Dangerous’](https://itep.substack.com/p/trump-administration-says-shining) _2026-07-14 · ITEP · Just Taxes_ They're worried the public will learn too much about offshore tax havens. ## [One Year Later: Democrats Tout Tax Cuts They Voted Against](https://www.speaker.gov/2026/07/13/one-year-later-democrats-tout-tax-cuts-they-voted-against/) _2026-07-13 · Meredith Turton · Speaker of the House Mike Johnson_ House and Senate Democrats are regretting their votes in support of a $5 trillion tax hike on working families WASHINGTON — One year after President Trump signed the Working Families Tax Cuts into law, hardworking American families across the nation are paying lower taxes and keeping more of what they earn – outcomes the legislation was written to \[…\] The post One Year Later: Democrats Tout Tax… ## [Fact Sheet: Limiting property tax revenue in the state constitution is a bad deal for North Carolinians](https://ncbudget.org/levylimit/) _2026-07-10 · Logan Rockefeller Harris · NC Budget & Tax Center_ The NC General Assembly has placed a constitutional amendment on the November ballot that, if approved by voters, would require lawmakers to limit annual growth in local property tax revenue.1 This is not a direct limit on property tax rates but a “levy limit” on the total property tax revenue local governments can collect. If revenue exceeds the limit, tax rates… The post Fact Sheet: Limiting… ## [State Tax Cuts Are Leaving Counties to Cover New SNAP Costs](https://ncbudget.org/state-tax-cuts-are-leaving-counties-to-cover-new-snap-costs/) _2026-07-08 · Jennifer Nguyen · NC Budget & Tax Center_ In 2025, the federal government passed the harmful mega bill, H.R. 1, making deep funding cuts to SNAP while shifting new costs onto the state. At the same time, more than a decade of state income tax cuts have left North Carolina losing almost $18 billion in revenue each year, just as the state is required to take on these new costs. H.R.… The post State Tax Cuts Are Leaving Counties to Cover New… ## [We built America by coming together. Our tax code should reflect that.](https://ncbudget.org/we-built-america-by-coming-together-our-tax-code-should-reflect-that/) _2026-07-04 · Alexandra Forter Sirota · NC Budget & Tax Center_ Neighbor by neighbor, town by town, city by city. Every great change in our country has started the same way: People came together to find a way forward. North Carolina’s fight against poverty in the 1960s and our response to disasters in both eastern and western parts of the state show what is possible when we work together across our differences to meet shared challenges. One way we come… ## [1 Year After H.R. 1, North Carolina Budget Leaves Families and Counties to Pay the Price](https://ncbudget.org/1-year-after-h-r-1-north-carolina-budget-leaves-families-and-counties-to-pay-the-price/) _2026-07-02 · Mel Umbarger · NC Budget & Tax Center_ Budget approved by state lawmakers fails to fund new SNAP costs while continuing tax cuts that primarily benefit wealthy households and profitable corporations RALEIGH, N.C. — One year after H.R. 1 was signed into law, North Carolina lawmakers have approved a state budget that compounds the federal law’s harm. H.R. 1 made historic cuts to… The post 1 Year After H.R. 1, North Carolina Budget Leaves… ## [States Move to Tax the Rich and Corporations](https://itep.substack.com/p/states-move-to-tax-the-rich-and-corporations) _2026-07-02 · ITEP · Just Taxes_ New taxes on incomes exceeding $1 million, luxury second homes, and more. ## [New EU Disclosure Requirements Are Helping Identify Corporate Tax Avoiders](https://itep.substack.com/p/new-eu-disclosure-requirements-are) _2026-07-01 · ITEP · Just Taxes_ Microsoft’s recent disclosure raises some eyebrows, to say the least. ## [A Year Later, Many States Have Decided Not to Double Down on Trump’s Tax Cuts](https://itep.substack.com/p/a-year-later-many-states-have-decided) _2026-06-29 · ITEP · Just Taxes_ Some have had contentious debates, and some are yet undecided. ## [Why Corporations Must Pay More](https://itep.substack.com/p/why-corporations-must-pay-more) _2026-06-23 · ITEP · Just Taxes_ Want a resilient way to tax the very rich? We explain how here.