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Bessent Urges Americans to Cut IRS Over-Withholding

Treasury Secretary Scott Bessent is publicly urging Americans to reduce over-withholding on their federal taxes, calling the adjustment an "automatic real wage increase." The message targets the common practice of lending the IRS interest-free funds throughout the year. The practical lever is a W-4 adjustment that

Trump Pursues $10B IRS Lawsuit Settlement Under DOJ Control

Donald Trump has moved to seek 'resolution' of his $10 billion lawsuit against the IRS over alleged improper disclosure of his tax records. Because Trump controls the Justice Department, which would represent the government in settlement talks, critics warn he could effectively negotiate both sides of a dispute with a

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irs

Trump seeks ‘resolution’ of his $10bn lawsuit against IRS, spurring concern

Donald Trump has moved to seek 'resolution' of his $10 billion lawsuit against the IRS over alleged improper disclosure of his tax records. Because Trump controls the Justice Department, which would represent the government in settlement talks, critics warn he could effectively negotiate both sides of a dispute with a

2mo ago · 1 min · Policy & Government

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