Tax policy stories

Oct 1, 2026

Treasury releases rules for nation's first federal school voucher program

The Trump administration released regulations Thursday for a new federal tax credit program that allows married couples to receive up to $3,400 in credits for donations funding private school and homeschooling scholarships. Nearly all schoolchildren in at least 30 states will be eligible to apply for the scholarships, with the Treasury estimating more than 11 million taxpayers will contribute a combined $26 billion annually.

Oct 1, 20266 sources

Sep 9, 2026

Germany proposes 25% flat tax on crypto gains from 2027

Germany's Federal Ministry of Finance drafted a proposal to end the tax-free treatment of crypto held over one year, applying a 25% flat tax to gains on assets purchased after December 31, 2026.

Sep 9, 20266 sources

Sep 3, 2026

Trump proposes stripping tax-exempt status from schools considering race in admissions

The Treasury Department proposed new regulations that would revoke tax-exempt status for schools and universities that consider race in admissions, scholarships, or other programs, potentially affecting billions in federal funding.

Sep 3, 20265 sources

Aug 20, 2026

Reform UK proposes tax rebates for firms to boost apprenticeships

Reform UK has unveiled plans for a 'skills revolution' that would see taxpayers subsidize part of young apprentices' wages through tax rebates to employers. Education spokeswoman Suella Braverman announced the policy, which has drawn criticism regarding the party's stance on higher education.

Aug 20, 20263 sources

Aug 11, 2026

Trump threatens federal action to block NYC pied-à-terre tax

President Trump said the federal government is examining whether it can stop New York City Mayor Zohran Mamdani's new pied-à-terre tax on luxury second homes, calling it a 'dangerous' leftist experiment after a state court temporarily blocked the tax.

Aug 11, 20266 sources

Aug 5, 2026

Federal Judge Rules National Firearms Act Registration Requirements Unconstitutional After Tax Reduction

A federal judge in Texas ruled that registration and approval requirements for firearm suppressors, short-barreled rifles, and short-barreled shotguns under the National Firearms Act are unconstitutional, following a July 2025 tax reduction to $0 that undermined the law's original tax-based justification from 1934.

Aug 5, 20266 sources

Jul 31, 2026

Trump appeals federal ruling blocking IRS tax immunity deal and 'anti-weaponization' fund

President Donald Trump, his sons, and the Trump Organization filed a notice of appeal to the Eleventh Circuit Court of Appeals after a federal judge blocked an IRS deal that would have granted tax immunity and created an 'anti-weaponization' fund. The judge's ruling also questioned whether the lawsuit was filed to manipulate legal proceedings and referred Trump's lawyer to the bar.

Jul 31, 20265 sources

May 26, 2026

Medicaid Cuts from Republican Tax Law Expected to Exceed Initial Forecasts

Medicaid cuts stemming from Republicans' 2025 tax law are now projected to be significantly larger than originally forecast, with estimates reaching $775 billion. This represents a major expansion of expected reductions to the federal health insurance program for low-income Americans.

May 26, 20261 source

May 21, 2026

Affordable Care Act Deductibles Surge 37% as Enhanced Tax Credits Expire

ACA Marketplace deductibles hit a record 37% increase in 2026 following the expiration of enhanced tax credits, pushing millions of enrollees toward cheaper, higher-deductible bronze plans. Premium payment rates have also dropped sharply across multiple states.

May 21, 20262 sources

May 4, 2026

Congress Allows ACA Subsidies to Expire, Leading Millions to Drop Health Coverage

Millions of Americans are dropping health insurance coverage after Congress refused to extend federal tax credits for Affordable Care Act plans, resulting in significantly higher premiums that many cannot afford.

May 4, 20261 source

Apr 24, 2026

US Reclassifies Medical Marijuana as Less Dangerous Drug

Trump administration reclassified FDA-approved and state-licensed medical marijuana as a less dangerous drug, easing research barriers and granting tax relief while stopping short of full legalization.

Apr 24, 20264 sources

Oct 30, 2023

New House Speaker Mike Johnson previously represented Kentucky's Ark Encounter in tax incentive lawsuit

Mike Johnson, recently elected U.S. House Speaker, successfully represented the Ark Encounter—a 510-foot biblical Noah's Ark replica in Kentucky—in court to restore tax incentives for the attraction.

Oct 30, 20231 source

Top claims

▪The Federal Scholarship Tax Credit program was signed into law in 2025 by President Donald Trump as part of a signature tax breaks and spending cuts bill, the GOP's 2025 domestic policy and tax law
▪The Treasury Department proposed regulations on October 1, 2026, to launch the Federal Scholarship Tax Credit, the nation's first federal school choice scholarship program, on January 1, 2027.
▪The Massachusetts Association of School Superintendents opposes the Federal Scholarship Tax Credit, stating that local school districts lack the fundraising infrastructure of private school networks

People involved

Donald Trump Zohran Mamdani Mike Johnson

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