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Tax Policy

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Trump Says Tariff Revenue Could Let U.S. ‘Almost Completely’ Cut Income Tax

Experts say tariff receipts fall far short of the $2.66 trillion the U.S. collected in individual income taxes last year.

Employers Overhaul Payroll Systems as Overtime and Tip Deductions Take Effect Under OBBBA

States Weigh Participation as First Federal Tax-Credit School Choice Program Takes Effect

Senate Republicans Plan to Lower SALT Deduction Cap, Prompting House Revolt

House Passes $40,000 SALT Deduction Increase as Bill Moves to Senate

U.S. Senate to Deliberate 3.5% Remittance Tax Passed by House

Senate Faces GOP Divisions Over $40,000 SALT Deduction Cap Proposal