Taxes February 20, 2026
Supreme Court Strikes Down Trump Tariffs
The United States Supreme Court ruled 6-3 that President Donald Trump does not have the authority to impose unilateral, broad tariffs.
Taxes February 10, 2026
Report Finds Trump’s Tariffs Cost U.S. Households $1,000 on Average in 2025
The report from the Tax Foundation found that American households had a tax increase of $1,000 in 2025 and an increase of $1,300 in 2026 as a result of President Donald Trump’s tariffs.
Small Business January 21, 2026
Supreme Court Doesn’t Rule on Tariffs, With Next Potential Decision in February
After Wednesday’s hearing on President Donald Trump’s effort to fire Federal Reserve Governor Lisa Cook, the justices don’t have another scheduled courtroom session until Feb. 20.
Taxes January 20, 2026
Americans Bear Almost All the Cost of Trump Tariffs, Study Shows
“The tariff functions not as a tax on foreign producers, but as a consumption tax on Americans,” researchers from the Kiel Institute for the World Economy wrote in a new report.
Taxes January 9, 2026
Opinion: Americans Are Living in the Worst of All Tax Worlds
There's no doubt the U.S. needs more tax revenue, but there are far better ways to get it than tariffs, wealth taxes, or flat taxes.
Taxes December 2, 2025
What Would the U.S. Look Like Without Income Tax? Trump Says We’re About to Find Out
President Donald Trump made the bold claim about an income tax-free America during a Dec. 2 Cabinet meeting, after touting the impact of his trade policies and potential “dividend” stimulus checks.
Taxes December 2, 2025
Costco Joins Companies Suing for Refunds if Trump’s Tariffs Fall
Costco is among dozens of companies to file lawsuits in a U.S. trade court since late October challenging President Donald Trump’s use of an economic emergency powers law to impose the levies.
Taxes December 1, 2025
Trump Renews Call to Eliminate U.S. Income Tax Completely Due to Tariff Revenue
Citing the "hundreds of billions of dollars" the U.S. is receiving in tariff revenue, President Donald Trump said his administration could completely eliminate the income tax in the U.S. over the next couple of years.
Taxes November 20, 2025
U.S. Chamber Official: Trump Tariffs Amount to $600 Billion Tax Increase
During a Nov. 19 event in Mobile, AL, U.S. Chamber of Commerce's Tom Wickham said the president's tariff policy amounts to a potential $600 billion “tax increase annually,” including about $202 billion on small businesses.
Taxes November 5, 2025
Supreme Court Sounds Skeptical of Broad Trump Tariff Powers
During oral arguments on Nov. 5, justices weighed whether Congress abdicated taxing power—and whether it could ever get it back.
Taxes November 3, 2025
Trump’s Tariff Regime Case Could Reshape Congress’ Taxing Power
The Supreme Court will hear oral arguments Wednesday over whether a law allows President Donald Trump to implement a worldwide tariff regime, in a case experts and lawmakers said ultimately could undermine Congress’ foundational power over taxation.
Taxes October 21, 2025
Supreme Court is Told Trump Tariffs Are Illegal $3 Trillion Tax
Small businesses challenging many of President Donald Trump’s global tariffs urged the U.S. Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies.