1 day ago · A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ultrawealthy.

1 day ago · A three-day meeting of U.S. House Republicans, meant to jumpstart President Donald Trump's $4 trillion tax cut agenda, ended on Wednesday without a deal as party fiscal hawks refused to move ahead ...

Jan 10, 2025 · On Friday, the U.S. Treasury released a new analysis of the various ways that extending the expiring individual and estate tax provisions of Trump’s 2017 tax overhaul — known as the Tax Cuts and Jobs Act — could cost the government, and who would directly benefit the most from the legislation’s permanent extension.

Jan 23, 2025 · President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.

Jan 8, 2025 · Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax increases that are currently scheduled to take effect in 2026.

Dec 20, 2024 · In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on...

Oct 22, 2024 · The Internal Revenue Service just set the levels of its income-tax brackets and a commonly used deduction that Americans will have for their 2025 taxes. Take a long look at the numbers.

Dec 30, 2024 · The Tax Cuts and Jobs Act of 2017 is set to expire at the end of 2025, but President-elect Donald Trump wants to extend expiring provisions like lower federal income tax rates.

Jun 13, 2024 · More than $3.4 trillion in individual income and estate tax cuts – heralded by Republicans for spurring economic growth and largely decried by Democrats for disproportionately benefitting the...

Oct 24, 2024 · The Tax Cuts and Jobs Act reduced tax rates for taxpayers across all income levels, on average. If Congress allows the TCJA to expire as scheduled, most aspects of the individual income tax would undergo substantial changes, resulting in more than 62 percent of tax filers experiencing tax increases in 2026.