Government taxation and revenue

Trump tax invoice passes the Home, advances to Senate

WASHINGTON — Republicans within the U.S. Home of Representatives got here collectively early Thursday to pass President Donald Trump's "large, stunning" tax bill out of the chamber on a slim vote.Each Democrat on the ground voted no, as...

Tax invoice MAGA child bonus now known as Trump Accounts: who’s eligible

In a vote early Thursday, Home members approved President Donald Trump's "massive, stunning" tax invoice, together with a brand new savings account for youngsters with a one-time deposit of $1,000 from the federal authorities.Below the proposal, "Trump Accounts" —...

Home GOP tax invoice passes ‘SALT’ deduction cap of $40,000

Home Methods and Means Committee Chairman Jason Smith (R-MO) holds a information convention earlier than a markup listening to within the Longworth Home Constructing on Capitol Hill on Might 13, 2025 in Washington, DC.Chip Somodevilla | Getty Photos...

What the Senate ‘no tax on ideas’ invoice may imply for employees

U.S. President Donald Trump speaks at an occasion concerning the economic system on the Circa Resort and On line casino in Las Vegas, Nevada, U.S., January 25, 2025. Leah Millis | ReutersThe Senate on Tuesday unanimously handed the No...

Trump Medicaid Congress invoice

President Donald Trump arrives with Speaker of the Home Mike Johnson (R-LA) for a Home Republican assembly on the U.S. Capitol on Could 20, 2025 in Washington, DC. Kevin Dietsch | Getty PhotosPresident Donald Trump on Tuesday warned...

Senior bonus vs. eliminating Social Safety profit tax

The U.S. Capitol is seen on Capitol Hill in Washington, D.C., U.S., Might 7, 2025. Nathan Howard | ReutersHome Republicans' "one, big, beautiful" tax bill features a new short-term $4,000 deduction for older adults.The change, referred to as...

Who advantages from greater little one tax credit score proposed by Home GOP

Jacob Wackerhausen | Istock | Getty PicturesHome Republicans' little one tax credit score planThe Tax Cuts and Jobs Act, or TCJA, of 2017, quickly boosted the utmost little one tax credit score to $2,000 from $1,000, a rise...

Home Republicans advance Trump’s tax invoice. ‘SALT’ deduction in limbo

Rep. Jason Smith, R-Mo., speaks throughout a Home Oversight and Accountability Committee impeachment inquiry listening to into U.S. President Joe Biden on Sept. 28, 2023.Jonathan Ernst | ReutersHome Republicans have superior trillions of tax breaks as a part...

Home Republican tax plan debate kicks off. What to observe

President Donald Trump waits for the arrival of Canadian Prime Minister Mark Carney on the White Home in Washington, DC, on Might 6, 2025.Jim Watson | Afp | Getty PhotosDebate for the Home Republicans' tax bill is underway...

Home GOP tax invoice requires $30,000 ‘SALT’ deduction cap

Chairman Jason Smith (R-MO) speaks throughout a Home Committee on Methods and Means within the Longworth Home Workplace Constructing on April 30, 2024 in Washington, D.C.Anna Moneymaker | Getty Pictures Information | Getty PicturesHome Republicans are calling for...

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Wander Franco charged with gun possession in Dominican Republic

SANTO DOMINGO, Dominican Republic -- Tampa Bay Rays shortstop Wander Franco, who's at present on trial on expenses...