Trump, tax cut
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WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the Congressional Budget Office reported Monday, a slight increase in the projection that takes into account the final tweaks that Republicans made before getting the legislation over the finish line.
A cut in Germany's air traffic tax will not be prioritised in the 2026 budget, a government source said on Monday, pushing back against a media report that raised hopes in the aviation industry of a reduction next year.
President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.
The data exaggerates the tax gains for households with modest incomes by focusing on the change in their tax liability, rather than their after-tax income — the measure analysts more commonly use. Now that President Donald Trump has signed his signature tax and spending bill,
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba on Monday stressed the need to establish a common understanding among parties on the pros and cons of cutting the country's sales tax rate. Cutting the sales tax could increase household income temporarily,
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The Children and Youth Fund nonprofit is facing pressure to release information about how it plans to spend millions of taxpayer dollars this year.
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Today in Ohio podcast reveals how new vehicle-related fees are actually tax increases that disproportionately burden average Ohioans while wealthy residents enjoy significant income tax reductions
A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” signed into law by President Donald Trump on July 4,
Since 2018, the school district has lost over $20 million in state aid and has been struggling to close the budget gap.