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Top bloombergtax.com News

Government Shutdown · United StatesLayoffs of federal workers have begun amid the ongoing U.S. government shutdown, Trump administration budget chief Russell Vought said in a social media post on Friday.
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Trump official says federal layoffs 'have begun' amid government shutdown
55% Center coverage: 440 sources

IRS · United StatesThe IRS has announced new federal income tax brackets and standard deductions for 2026. In its announcement on Thursday, the agency raised the income thresholds for each bracket, which applies to tax year 2026 for returns filed in 2027.See the Story
IRS announces new federal income tax brackets for 2026
71% Center coverage: 68 sources

Donald Trump · United StatesUnited States President Donald Trump said on Thursday, October 16, that he was “outraged” that the International Maritime Organization would be voting this week on whether to impose a carbon emissions price on global shipping, and called it a “Global Green New Scam Tax.”
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Trump slams IMO carbon tax plan as ‘Global Green New Scam’: ‘I am outraged…’
80% Right coverage: 25 sources