A House framework would extend President Donald Trump’s 2017 tax cuts through a bill to keep the government funded.
Many provisions of the Tax Cuts and Jobs Act of 2017 are set to expire this year. Congress could let them lapse, but that ...
House Republicans are preparing to adopt a plan that puts a $4.5 trillion limit on the size of the tax cut, but even that ...
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.
In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...
The Republican-led Budget Committee approved a sweeping proposal to unlock Trump's agenda, sending it to the full House.
President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security. Overtime pay is taxed like regular wages, subject to federal income tax ...
You see, last year we cut the state income tax on overtime pay, but that tax cut was set to expire this summer. And some lawmakers seem to be fine with letting it expire, which would mean a 5 ...
overtime pay and retirees’ Social Security benefits. The TCJA lowered the corporate tax rate for businesses to a flat 21%, from a graduated system that had a top rate of 35%. That change was ...