NPR's Sarah McCammon talks with Ernie Tedeschi, director of economics at The Budget Lab at Yale, about the potential impact of President Trump's tariffs on low-income households.

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

State pensioners could start losing 20% of their income if they earn more than £597 on top of their state pension.

The thing about a bill that's nearly 900 pages long, of course, is that understanding what it contains is no easy feat – and leaves plenty of room for each party to focus on the parts it wants to talk ...

The Trump Accounts Contribution Pilot Program starts eligible kids off with a one-time $1,000 credit. The money comes from the Department of the Treasury. Not every kid can get a Trump Account. To be ...

See the most recently available median household income figures for all 50 states plus Washington, D.C., and Puerto Rico, as well as the U.S. average.

Several of the provisions in the law are not permanent, and will expire in 2028.

The decades following World War II were broadly prosperous, but conditions began changing in the 1970s. Class inequality has increased enormously since then, according to government data, while income ...

The convergence of multiple crises—including the COVID-19 pandemic, geopolitical fragmentation, climate shocks, digital disruption, and economic precarity—has exposed the fragility and limitations of ...

Thousands of Idaho homeowners could face big tax bills when they sell. Rapid appreciation and outdated exemptions are ...

President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the changes will work.