Proposals to cut business privilege taxes applied to the sale of food, medicine and other products received support on Thursday, but also opposition from the Guam Memorial Hospital. Lawmakers ...

In 2017, anticipating the federal Trump tax cuts, the Guam Legislature raised the BPT from 4% to 5%, initially as a temporary measure, then permanently. The goal was to generate an additional $60 ...

The Treasury still has enough cash on hand from ongoing tax receipts to meet its obligations, though it’s uncertain exactly when it will run out. Chris Matthews is a Washington, D.C ...

Calling it a tax cut for 1.7 million people, he said that under his plans the "average working family" would be "£450 per year better off, giving them the choice of where to spend more of their ...

WASHINGTON -US Treasury Secretary Scott Bessent on May 5 said that President Donald Trump’s tariff, tax-cut and deregulation agenda would work together to drive long-term investment to the US ...

WASHINGTON (AP) — Congress is deep into drafting President Donald Trump’s big bill of tax breaks, spending cuts and beefed-up funding to halt migrants, but it’s “bumpy,” one Republican ...

Congress is deep into drafting President Donald Trump's big bill of tax breaks, spending cuts and beefed-up funding to halt migrants, but it's “bumpy,” one Republican chairman says ...

President Trump had recently dropped hints about eliminating income taxes for people earning less than $200,000 per year. "When Tariffs cut in, many people's Income Taxes will be substantially reduced ...

Save money now, lose money in the future — that’s the gamble of supporting a tax cut on Social Security benefits without a thorough plan, experts say. President Donald Trump has mentioned ...

The 2017 tax cut allowed small businesses to reinvest, offset inflation, and compete with larger corporations. If the tax cut expires, small businesses will face difficult decisions regarding ...