News

The 10 richest Americans got $365 billion richer in the past year. Now they’re on the verge of a huge tax cut
Despite a brief market scare, the richest 10 Americans got $365 billion richer over the past year, according to a new ...
Larger tax-cut proposal not enough to offset drag on growth from tariffs: Goldman Sachs
A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth ...
Congress Pulls Tax Cut All-Nighter With SALT Fight Unresolved
House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a ...
Trump’s tax cut faces a new snag: America’s debt crisis is back in the spotlight
After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.
Expect tariffs to cancel out any economic boost from Trump's tax cuts, Goldman Sachs says
Goldman said tariffs could overshadow and boost to the economy provided by Republicans' sweeping fiscal package, which ...
Can Oklahoma afford tax cuts? Critics call out threat to Medicaid, food stamps
Republicans said that now is the right time to cut the state’s top income tax rate from 4.75% to 4.5%, which will allow ...
Ishiba Rebuffs Tax Cut Demands With Greek Debt Comparison
Japanese Prime Minister Shigeru Ishiba rebuffed calls for tax cuts saying that the nation’s financial conditions are worse ...
Why the ‘Big, Beautiful’ Tax Bill Is Worrying Bond Investors
Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence ...