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4 sticking points in Trump's 'big, beautiful' tax bill

Bloomberg on MSN · 53m

Trump Tax Bill Holdouts Lured With SALT Hike, Medicaid Cuts

House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit on the deduction for state and local taxes and other changes in a bid to win over warring GOP factions to support the legislation.

Reuters on MSN · 1h

Johnson says House could vote on Trump's tax and spending bill soon

U.S. House of Representatives Speaker Mike Johnson said he would bring President Donald Trump's massive tax and spending bill for a vote as soon as Wednesday night, in a sign that he may have quelled objections from fellow Republicans who have imperiled its passage.

Four sticking points in Trump's 'big, beautiful' tax bill

Republicans, who hold thin majorities in Congress, are fighting over cutting Medicaid and other government programmes.

Tips Act, Tax

TIME on MSN · 6h

What the ‘No Tax on Tips’ Bill Means for Workers and Businesses

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

USA Today · 8h

When does the No Tax on Tips Act go into effect? Who qualifies in Washington?

The U.S. Senate unanimously passed the "No Tax on Tips Act," a bill that would create a tax deduction on tips worth up to $25,000. What happens next?

The Washington Post on MSN · 18h

The Senate passed Trump’s No Tax on Tips Act. Here’s what it could mean.

The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House of Representatives for a vote.

35m

Democrats aghast at last-minute change of ‘MAGA’ accounts to ‘Trump’ accounts in tax bill

Republicans also used the manager's amendment to remove a federal requirement that firearm suppressors must be registered.

8h

Why Washington’s Huge Tax Bill Is Worrying Bond Investors

Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence ...

7hon MSN

Dow sinks 800 points as bond market starts to freak out over Trump’s tax bill

The Dow closed lower by 817 points, or 1.91%. The broader S&P 500 slid 1.61% and the tech-heavy Nasdaq Composite fell 1.41%.

3d

How much would Americans of different income save in taxes if the GOP bill is signed into law?

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

10h

Senate unanimously approves bill to create tax deduction for cash tips

The unexpected voice vote comes as congressional Republicans work to pass legislation that would include a similar provision.

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