As the Institute on Taxation and Economic Policy notes, the top 1 percent of Floridians (those with income of more than $1.1 million annually) would receive an average tax cut of $86,320 in 2026. As a ...

Lawmakers are divided over how to deal with the state and local tax deduction or SALT, after the House passed its version of the Republican spending bill last week. The cap tends to impact Americans ...

Analysis from the Institute on Taxation and Economic Policy shows that the richest 1 percent of taxpayers in the District will get the biggest tax cut—one being paid for by slashing federal basic ...

An analysis by the Institute on Taxation and Economic Policy (ITEP) highlights just how lopsided the bill’s tax provisions are.

The House of Representatives’ recently passed tax bill changes course on taxing multinational corporations engaged in ...

Republicans in Congress are trying to pass a new tax and spending bill that may end up being a “big, beautiful bill” – but mostly for wealthy Americans.

The court rejected a religious charter school, but conservatives may get much of what they want in a school voucher program that passed the House this week.

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The result would be a profitable tax shelter for wealthy people who agree to help funnel public funds into private schools,” Amy Hanauer, the institute’s executive director, said in the webinar. “That ...

“It’s about three times as generous as what you’re gonna get from donating to a children’s hospital or a veteran’s group or any other cause,” says Carl Davis at the Institute on Taxation and Economic ...