There’s more bad news for taxpayers. A government report has revealed that 11 million taxpayers are losing out on $323 billion worth of deductions due to a punishing change in President Donald Trump’s tax law. The hard news comes after early filers were stunned by shrinking — to vanishing — tax refunds.
Just days after the House passed its version of the federal tax law slashing corporate tax rates, House Speaker Paul Ryan collected nearly $500,000 in campaign contributions from billionaire energy mogul Charles Koch and his wife, according to a recent campaign donor report.
A Manhattan judge has ordered Ivanka Trump to give a deposition in a lawsuit by an Italian designer accusing her of trademark infringement and ripping off a shoe design. The ruling was in response to her lawyers’ arguments that Trump should be allowed to skip the deposition in part because of her “extraordinary circumstances” as a “high-ranking government employee.”