The One Big Beautiful Bill introduced an array of tax changes affecting seniors, service workers, car buyers and others.
Democrats’ older alternative minimum tax claws back billions of dollars in savings from the newer GOP law.
During a reception and dinner event for business leaders in Japan last month, Donald Trump made another empty promise, this ...
Center for American Progress analysis finds that a handful of provisions in the Big Beautiful Bill (BBB) funnel nearly $2.3 trillion in tax cuts mainly to the richest 10 percent of Americans, ...
Over the next couple of years, I think we’ll substantially be cutting and maybe cutting out completely, but we’ll be cutting ...
In 2024, Tesla reported a profit of $7.1 billion but paid no corporate income tax, according to an analysis by the nonprofit Institute of Taxation and Economic Policy, or ITEP. That isn’t particularly ...
President Trump is slated to ramp up his affordability message in a speech slated for the McDonald’s Impact Summit in ...
President Joe Biden appears willing to make a significant concession to Republicans in the hopes of getting his proposed infrastructure package passed in a bipartisan manner, according to reports from ...
Illinois is one of several states choosing to decouple from the federal tax code. See what tax benefits are being excluded.