The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...

House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production ...

President Donald Trump has proposed increasing taxes on the wealthiest Americans. However, the real impact of this proposal ...

A new report shows low-income families would lose income and wealthy would gain if Republicans extend tax cuts and reduce ...

As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...

The House Ways and Means Committee on Monday released a fuller version of its part of the party’s bill full of President ...

Today Medicaid provides health coverage for 71m Americans, 20m more than 15 years ago. The Affordable Care Act fuelled the ...

The House tax committee released key details of the multi-trillion dollar tax-cut bill President Donald Trump is seeking to ...

The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.

With a crucial week looming in the House, the G.O.P. is groping for ways to achieve savings without provoking a political ...

House Republicans unveil $880 billion in health care cuts to fund Trump tax breaks, potentially leaving 8.6 million Americans ...

Makes permanent the lower income tax rates in Trump's 2017 Tax Cuts and Jobs Act that are currently due to expire at the end of 2025. Boosts the standard deduction by an additional $1,000 to $1,500 ...