A tax deduction known as SALT that helps affluent residents of high-tax states is standing in the way of President Donald ...

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

House Republicans are in the final rounds of negotiations over a sweeping budget plan that has been significantly influenced ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

Any tax plan that grows the deficit and dents confidence in the US government's ability to meet its obligations could send ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill. House Republicans failed Friday to ...