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The Senate passed a bill extending the 2017 Trump tax cuts, projected to result in a $4.5 trillion revenue loss. The bill includes a controversial increase in the SALT deduction and exemptions for ...
The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income ...
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.
A Republican plan heading to a vote in the Senate would quickly end incentives for clean energy and impose new taxes on some ...
Trump warns of "largest tax increase in history" if Senate fails to pass his comprehensive bill that includes tax cuts and ...
Illinois Congressman Raja Krishnamoorthi and Iowa State Representative J.D. Scholten – both Democrats running for U.S. Senate ...