The alternative minimum tax represents one potential caveat to the widespread and, mostly, correct belief that the One Big Beautiful Bill Act cut everyone's payments to Uncle Sam. Below are five key ...

The nonprofit think tank provided tax cut estimates for each U.S. state and their counties by using conventional revenue estimates at the national level generated by their General Equilibrium Model ...

Republicans are hoping a new name, along with larger refunds for many Americans next year, can buoy an economic agenda that polls show is unpopular. By Andrew Duehren Reporting from Washington ...

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Republicans and President Donald Trump want credit for what he has called “the ...

President Trump’s tariffs and massive GOP tax cuts are set to have competing effects on the economy, according to the latest outlook report from the Congressional Budget Office (CBO), which shows an ...

This is read by an automated voice. Please report any issues or inconsistencies here. Business tax breaks cut federal revenues by $77 billion this year, fattening the pockets of rich corporate ...