tax

US Election 2024

Trump’s ‘big, beautiful bill’ to include expanded child tax credit

House Republicans have made significant progress in advancing President Donald Trump’s tax agenda with the release of a portion of…

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US Election 2024

Trump’s ‘big, beautiful bill’ could see civil war over tax hikes

Republicans on Capitol Hill are facing a major rift over the potential for a tax hike targeting ultra-wealthy Americans. The…

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US Election 2024

Trump’s tax hike proposal gives political experts ‘déjà vu’ of George H. W. Bush raising taxes

President George H. W. Bush faced intense backlash from Americans after famously vowing not to raise taxes during the 1988…

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US Election 2024

SALT tax mutiny threatens progress on Trump’s ‘big, beautiful bill’

Republicans representing districts in Democrat-controlled states are facing off over taxes that primarily affect them as negotiations for President Donald…

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US Election 2024

Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

House Republicans are currently strategizing to pass President Donald Trump’s ambitious tax bill by Memorial Day. The bill aims to…

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US Election 2024

Trump, GOP considerations of millionaire tax hikes make ‘no sense,’ ex-aide says

A former top aide in President Donald Trump’s first administration is speaking out against Republican efforts to raise taxes on…

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US Election 2024

Mississippi gov touts economic growth from eliminating state income tax

Mississippi is set to become the 10th state to eliminate the state income tax, with Republican Gov. Tate Reeves hailing…

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Business

The U.S. tax loophole that made Shein and Temu rich is changing. What will happen to the brands now?

For years, Shein and Temu used a U.S. tax loophole to keep their costs low and send items to the…

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US Election 2024

Millionaire tax hike proposal splits House Republicans

House Republicans are facing a dilemma as they negotiate ways to fund President Donald Trump’s ambitious agenda. The key point…

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US Election 2024

President Donald Trump predicts massive tax increases if his budget bill fails

President Donald Trump recently delivered a speech in Michigan to mark his first 100 days in office. During his speech,…

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