Skylar Woodhouse

House Speaker Mike Johnson said he's pressuring Senate Republicans to refrain from changing a deal to increase the state and local tax deduction cap to $40,000.

President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.

Canadian Prime Minister Justin Trudeau will impose 25% tariffs against U.S. goods, while Mexican President Claudia Sheinbaum also pledged retaliation.

The president-elect vowed to lower the corporate rate to 15% from 21% and is talking with his advisors about cutting levies on capital gains and dividends.

The muni tax-exemption — estimated to cost the U.S. government roughly $40 billion each year — has been mentioned as a target for elimination.

Biden's comments, timed to follow Tax Day, sought to highlight differences between his tax and economic agenda and Trump's.

Transit operators in San Francisco's Bay Area are facing massive budget shortfalls as ridership lingers well below its prepandemic levels.

The move would make New Jersey's corporate tax the highest rate in the country.

Mayor Michelle Wu's proposal is the latest example of a city seeking to address the challenges of remote work hitting downtowns and a lack of affordable residences.

U.S. governors from California to New York are proposing tax cuts, rebates and other forms of relief to drivers paying more than $4 a gallon to fill their gasoline tanks amid Russia’s war with Ukraine.