News

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...
President Trump’s domestic agenda bill is spurring a debate over whether blue states are subsidizing red states. After a successful pressure campaign from blue-state Republicans, the House version ...
On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...
Passing the massive tax package was a grueling process in the House — but its future in the Senate doesn’t look any easier.
The economic impact of Trump’s tax package can be viewed as a short-term stimulus at the potential cost of long-term drag.
As Congress returns to Washington after a week-long recess, the Senate is due to ramp up its work on the tax-and-spending megabill passed by the House of Representatives before the break.
The House GOP approved trillions in tax cuts. Here’s how President Trump’s “big bill” could change in the Senate.
Did you ever wonder what would happen if a progressive tax system and a flat tax system collided? I didn’t think so.
House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...
The bill would boost the maximum SALT deduction to $40,000, from the $10,000 limit in President Donald Trump’s 2017 tax overhaul. That’s good news for most affluent taxpayers in high-tax states. Still ...
In the past week, as never before, President Donald Trump showed mastery of the legislative process. On Tuesday, when his gargantuan tax bill was stalled, he went to Capitol Hill to deliver a ...
Federal taxes would increase for many if Congress fails to renew tax cuts, but the legislation favors the rich.