Trump Administration Slaps Tax Hikes on Elite Colleges
The Trump administration plans tiered taxes on elite college endowments up to 20%, aiming to curb perceived privileges.…
Articles by & updated by Sai Sankar
Tax filings drop in immigrant communities as fear of deportation rises
Due to fears over IRS data sharing with immigration authorities, many immigrants now hesitate or avoid filing taxes.…
Child Tax Credit plan would bar many immigrant families without a Social Security Number
A new proposal to raise the Child Tax Credit also requires both parents to have Social Security Numbers,…
Trump Slams Walmart Over ‘Tariffs’ Price Hike
President Trump pressured Walmart to absorb import tariffs and avoid raising prices. Walmart claims tariff sizes are too…
Donald Trump Unleashes New Tariff Rates on His Own
From April 5, 2025, the U.S. sets a sweeping 10% import tariff, up to 50% for select countries.…
US remittance tax could impact Non-Resident Indians sending money home
A new 5% US remittance tax, effective July 2025, would directly impact NRIs, sharply reducing funds remitted to…
Who Pays U.S. Remittance Tax? Non-Citizens Sending Money Abroad Explained
The proposed 5% U.S. federal remittance tax has failed. As of April 2026, money transfers by non-citizens remain…
Child Tax Credit proposal would require both parents to have Social Security Numbers
A 2025 House plan changes Child Tax Credit rules, requiring all parents to have Social Security Numbers. Around…
Border Security Investment Act Slaps 37% Fee on Remittances
A controversial U.S. bill proposes a 37% fee on remittances sent to countries with high illegal border crossings.…