News

Trump Is Already Reneging On His ‘No Tax On Social Security’ Promise
The proposal in the House's spending and tax cut plan, which Trump supports, offers a deduction for seniors worth a small ...
Nonpartisan CBO says Trump's GOP tax bill will add nearly $4 trillion to U.S. debt
The Republican-backed tax and spending bill would add trillions of dollars to the federal deficit and negatively affect the ...
Dollar on defensive as traders eye Trump tax bill, G7 currency talks
The U.S. dollar edged lower on Wednesday, extending a two-day slide against major peers, as President Donald Trump failed to ...
President Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn.
Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal ...
Trump Loses Patience With SALT Demand as Tax Bill Faces Snag
President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction ...
Trump Wants to Fulfill His ‘No Tax on Tips’ Promise. The Details Get Tricky.
The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.
Trump's IRS pick Billy Long says agency 'should not be politicized,' defends ties to dubious tax breaks
Billy Long, President Donald Trump's nominee to lead the IRS, answered Senate Finance Committee questions on Tuesday. Here's ...
How much will Trump's tax bill save you? Gains could vary by income.
The GOP tax bill could boost the highest-earning Americans' incomes while hurting low earners, according to findings from ...
Trump’s Pick to Lead I.R.S. Promoted a Nonexistent Tax Credit
Billy Long’s effort to promote the credit, along with his advocacy of a fraud-ridden pandemic-era tax break, was scrutinized ...