Trump Tax Bill Advances
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ERIC PAUL ZAMORA [email protected] Democrats blasted Republicans for tilting most of President Donald Trump’s proposed tax cuts to the wealthy. Republicans, including Trump, counter that unless they pass their big tax bill this year,
Massachusetts Senate leaders described adding earmarks to a spending bill's so-called corrective amendment as commonplace. Critics argue it can obscure how taxpayers funds are being spent.
House GOP leaders worked through the weekend to win over a quartet of fiscal conservatives who voted last week to block Trump’s Big Beautiful Bill.
A group of Democratic senators are calling on President Donald Trump to push congressional Republicans to end a Wall Street tax break he has long had in his sights. Investment fund managers pay 23.8% tax on carried interest,
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
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A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of raising the top rate for high earners to help pay for President Donald Trump’s tax cuts — and to get the stalled legislation moving.
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the country and a high-income tax rate layered on top, New York residents are disproportionately affected by the current $10,000 cap on state and local tax deductions.
House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal worsens the U.S. fiscal picture