Oct 6, 2018 - Politics & Policy

Trump's taxes to be investigated by New York Tax Department

President Trump. Photo: Tasos Katopodis-Pool/Getty Images

The New York Tax Department is opening an investigation into President Trump's taxes after allegations were made against the president and his family claiming their fortune was created, at times, through fraud, reports Bloomberg.

Why it matters: The investigation was sparked by a lengthy report released by the New York Times earlier this week detailing how Trump landed his "self made" fortune. The Times' report alleges he and his siblings received $413 million (in today's dollars) in assets from their father and used multiple schemes to evade hundreds of millions of dollars in tax payments. Lawyers of the president claim the story is 100% false.

Go deeper

Axios
2 hours ago - Health

Fauci says if people won't wear masks, maybe it should be mandated

Anthony Fauci. Photo: Graeme Jennings- Pool/Getty Images

NIAID director Anthony Fauci told CNN on Friday evening that if "people are not wearing masks, then maybe we should be mandating it."

Why it matters: Fauci made the comments the same day the U.S. hit its highest daily COVID-19 case count since the pandemic began.

Go deeper (1 min. read)Arrow
Axios
2 hours ago - Politics & Policy

Harris to Black voters: Casting a ballot is about honoring your ancestors

Democratic vice presidential nominee Kamala Harris speaks at a "Get Out The Vote" rally at Morehouse College. Photo: Elijah Nouvelage/AFP via Getty Images

Sen. Kamala Harris appealed to Black voters in Georgia on Friday, urging them to "honor the ancestors" by casting ballots, and again calling President Trump a "racist."

Why it matters: The U.S. saw a significant decline in African-American voter turnout between 2012 and 2016, reaching its lowest point since 2000. Higher turnout among Black Americans this year could tip the balance in favor of Democrats in key battleground states, including Georgia.

Go deeper (1 min. read)Arrow
Axios
Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Fauci: Trump hasn't been to a COVID task force meeting in months.
  2. Sports: The youth sports exodus continues — Big Ten football is back.
  3. Health: U.S. hits highest daily COVID-19 case count since pandemic began —AstraZeneca to resume vaccine trial in U.S. — How to help save 130,000 lives.
  4. Retail: Santa won't greet kids at Macy's this year.
  5. World: Spain and France exceed 1 million cases.
Go deeper (1 min. read)Arrow

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Subscription failed
Thank you for subscribing!