Trump tariffs live updates: US may cut income tax due to tariff revenue; Trump says Xi agreed to expand farm buys

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other ...
KJZZ

Hobbs backs Trump tax cuts for the middle class. But she's open to breaks for the wealthy, too

Gov. Katie Hobbs wants to implement new state-level tax cuts for middle-class families that mirror federal cuts backed by ...
Baton Rouge Business Report

‘LaPolitics’: How will tax reform, federal cuts affect state finances?

As we approach the midpoint of the fiscal year, early indications suggest tax collections are pretty close to what officials expected.  The Revenue Estimating Conference will meet next month to ...

How much have tax cuts removed from Idaho’s budget? It’s in the billions, study says

While the cuts have lowered tax rates, they also have left the state less able to fund programs that help residents, the ...

Treasury Secretary Scott Bessent moves to ‘cut off’ illegal migrants from tax benefits, cross-border money transfers: ‘No place for you in our financial system’

At [President Trump’s] direction, we are working to cut off federal benefits to illegal aliens and preserve them for U.S.

2 Tax Rules That Could Cut Profits When You Rent Your House

If you choose to rent out your home for extra income, build equity and have someone else pay your mortgage, you might be in ...

Trump's signature tax laws could let millions of Americans pay $0 in federal income tax. Here’s who can eliminate their 2025 bill completely

Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...