Virtually all economists, citing years of data and analysis, characterize tariffs as tax hikes rather than tax cuts.

Commerce secretary said President Trump wants to revamp the tax system, drop income taxes for people making less than $150K.

Under Trump’s policy, companies that don’t want to pay American tariffs will have to manufacture their products in the U.S. to be sold here. The policy is already working, Lutnick said. TSMC is ...

Maryland Gov. Wes Moore announced an agreement on a state budget framework with the state's Democratic leadership Thursday, ...

No one likes taxes -- especially President Donald Trump. If he has his way, income taxes will become a thing of the past, ...

While paying less in taxes might be music to your ears, if you’re a member of the middle class, the reality might not be so rosy. Here’s why tariffs could cause financial strain for middle ...

President Trump has promised “billions and billions” of dollars in new revenue from his tariffs not to mention economic ...

Which is why a negative tariff on foreign production would be quite a bit more effective than a negative income tax. And it ...

White House National Economic Council Director Kevin Hassett appeared on Bloomberg Television Friday and said that President ...

While paying less in taxes might be music to your ... studies have shown that the lower your income, the greater the impact of price increases due to tariffs,” Cryan continued.

Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or ...