Tax rates

His proposal includes partially rolling back the 2017 tax cuts by raising rates on upper-income Americans and corporations.

In the State of the Union, the president pitched elements of his stalled “Build Back Better” program as a means to temper the surge in prices that’s costing him support.

Even though many of the legislation’s original elements, like providing free community college education, were removed, it’s still full of tax provisions.

Senator Joe Manchin threw more cold water on the president's spending plans after inflation spiked to a 7.5% in January, the highest rate in four decades.

European countries are skeptical of the French president's abiliy to jumpstart implementation of a minimum corporate tax.

Whether a rich person will pay more or less in taxes largely depends on just how much income they get, and how it’s earned.

President Joe Biden’s signature plan to expand the social safety net, address climate change and rewrite tax policies passed the House Friday morning as Speaker Nancy Pelosi united fractious Democrats to send the legislation to the Senate, where its fate remains uncertain.

The latest version of the spending package, which is still being debated, includes a minimum tax of 15% on a corporation’s book income.

The service released its annual inflation adjustments Wednesday, including the standard deduction amount for individual and married taxpayers.

The American Institute of CPAs sent a letter to Congress’s tax-writing committees asking lawmakers to reconsider the rules around the corporate minimum tax rate that’s currently part of the reconciliation bill now under consideration.