Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...

The Senate’s version of President Donald Trump’s proposed tax cut bill will cost the bottom 20% of taxpayers an average of ...

They estimate that the tariffs Trump has imposed and scheduled as of April 2025 would generate nearly $167 billion in new ...

BEIJING, CHINA | Xinhua | The U.S. Senate narrowly passed President Donald Trump’s “One Big Beautiful Bill Act” Wednesday in ...

While tariffs are a tangible worry for investors, something far more nefarious (and important) can weigh on the stock market.

Tariffs have been a part of the American fabric since 1789. President Trump has placed tariffs at the center of todays debate ...

New tariffs could increase prices and shake the markets. Here’s what retirees need to know about Roth conversions, big ...

Economists Erica York and Huaqun Li of the Tax Foundation were blunt, explaining in a response on April 28 that “the individual income tax raises more than 27 times as much revenue as tariffs ...

WASHINGTON (AP) — President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate ...

The president has even suggested in the past that revenues from tariffs could be used to replace the income tax. “It’s possible we’ll do a complete tax cut,’’ Trump told reporters in April.

The president's stance on the SALT cap would reward high-tax areas at the expense of Iowa and other states that lowered rates, writes Jared Walczak.

Even without the tariffs, the One Big Beautiful Bill slams the poorest because it makes deep cuts to federal food programs and to Medicaid, which provides health care to low-income Americans.