About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated Press-NORC Center for Public Affairs Research. Most — about 6 in 10 — think it will do more to hurt than help low-income people. About half say it will do more harm than good for middle-class people and people like them.

President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, here's what experts know so far.

Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.

Washington — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028, according to industry experts.

Passage of Donald Trump’s sweeping tax, health and spending bill was no small feat for Republicans, but selling it to the American people may prove to be tougher, even for a president who built a career on savvy branding.

Manchester City Council became what is believed to be the first local authority to introduce the scheme last month.

"Each state has its own rules and restrictions, and many start the back-to-school tax holidays around the first weekend of August," Worley added. Alabama kicks off early, running from July 18-20. Shoppers can get tax-free clothes up to $100 per item, plus computers and tablets under $750. These are "sizable savings," Worley noted.

Instead of paying up, wealthy expats are getting out—sparking questions about whether the move will raise any money at all.