News

Trump's ‘big beautiful' budget bill includes a new tax break worth up to $2,000—around 90% of filers could take advantage
Because these deductions reduce your taxable income, they're the most beneficial for people in the highest tax brackets. A $1 ...
Trump tax bill averts one debt crisis but makes future financial woes worse
President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...
What to know about buying electric vehicles after the federal tax incentives end
The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.
Tax cuts now, benefit cuts later: the timeline in the Republican megabill
The savings from the safety net cuts still are not enough to offset an expensive package of tax breaks that is projected to ...
Hakeem Jeffries sets record with 8.5-hour speech before vote on Trump tax bill
Hakeem Jeffries talked. And talked. And talked, as the top Democrat in the House of Representatives on Thursday blasted ...
Hakeem Jeffries takes his 'sweet time' holding the floor to delay Trump's tax bill
There’s no filibuster in the House, but Democratic leader Hakeem Jeffries essentially conducted one anyway. Jeffries held the ...
Trump's remittance tax aims to slow illegal immigration by targeting the money flow
The Senate’s version of the “one big, beautiful bill" includes a 1% tax on international cash transfers, which will have a ...
Trump Administration Declares Harvard in ‘Violent Violation’ of Civil Rights Act—Threatens Loss of Tax-Exempt Status and $500 Million Tax Bill
The president and Harvard University's standoff continues as Trump and HHS accuse the Ivy of civil rights violation, putting ...