A tax deduction known as SALT that helps affluent residents of high-tax states is standing in the way of President Donald ...

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

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

President Trump is returning from a Middle East trip where he was feted by foreign leaders to find his legislative agenda on ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

The IRS Direct File program could be canceled in favor of a public-private partnership if Congress passes Trump's one big, ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

During the marathon Ways and Means Committee meeting scrutinizing the new Republican tax bill, Rep. John Larson (D-Conn.) ...