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House Republicans plan to raise more than $15 billion in revenue through lease sales, as well as other measures, to help pay for the massive tax cut package.
By Ari NatterMay 2 -
Treasury Secretary Scott Bessent said the European Union has some "internal matters" like the DST to sort out before the bloc can enter into trade negotiations.
By Daniel FlatleyApril 30 -
New taxes passed in the final days of the state's legislative session shift more of the tax burden to technology companies like Amazon and Microsoft.
By Anna EdgertonApril 29 -
President Trump suggested his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year.
By Catherine LuceyApril 28 -
President Trump's tariffs would effectively cause a tax increase for low-income families more than three times higher than what wealthier Americans would pay.
By Jarrell DillardApril 25 -
President Donald Trump said he is open to the idea of higher taxes on millionaires but worries that a levy increase could hurt the party.
By Nancy CookApril 25 -
Former Treasury Secretary Lawrence Summers said the Trump administration's moves to downsize the IRS are likely to incentivize reduced tax-payment compliance.
By Christopher AnsteyApril 23 -
Under current laws, qualified investors living in the commonwealth are not required to pay local or federal taxes on capital gains, including crypto appreciation.
By Jim WyssApril 22 -
White House officials are preparing executive orders that would strip some environmental nonprofits of their tax-exempt status.
By Jennifer A. Dlouhy and Akshat RathiApril 21 -
Tax collections are confirming Wall Street forecasts that the U.S. government will not exhaust its borrowing capacity until later this year.
By Carter JohnsonApril 21