News

Price tag: How much Americans could pay between tariffs and tax cuts expiring
The price for Americans could be hefty if Trump’s tariffs stay in place and Congress doesn’t manage to extend his hallmark ...
Trump’s Tariffs Raise Tax-Cut Stakes With Recession Fears Rising
President Donald Trump’s much bigger-than-expected tariff hikes increase the urgency of the Republican tax-cut package now in ...
Several legislative priorities died this year in exchange for tax cuts, retirement reforms
While the Senate and House diverted much passed dozens of bills this session, several big to-do's were left to the wayside as the 90-day session progressed.
Ohio cities warn plan to pay for Trump tax cuts will raise costs for roads, bridges
Key provisions of Trump’s 2017 Tax Cuts and Jobs Act expire at the end of this year. Extending them will cost about $4.5 ...
I.R.S. Audits Are at a Record Low. Trump’s Cuts Could Make Them Even Rarer.
The Internal Revenue Service’s audit rate has been lower this decade than in most taxpayers’ lifetimes, a New York Times ...
Trump tariffs could help clear the way for bigger tax cuts as Congress eyes a potential revenue windfall — and a shrinking economy
Economists at Citi Research said in a note on Thursday that the aggressive tariffs "may now become a justification for larger ...
No state has axed its income tax on wages in 45 years. Now 2 Southern states are on a path to do so
Eight states currently charge no personal income tax: Alaska, Florida, New Hampshire, Nevada, South Dakota, Tennessee, Texas ...
Here’s how the stock-market crash could threaten Trump’s tax cuts and trigger a debt-ceiling squeeze
President Donald Trump thought massive new tariffs would give him leverage. So far what he’s gotten instead are a jittery ...