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The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
Gov. Kevin Stitt signed the income tax cut into law Wednesday. It was his key priority of the Legislative session, which must ...
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do ...
The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...
Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald ...
The IRS has adjusted federal income tax brackets for 2025, increasing the standard deduction and shifting tax thresholds to account for inflation.
Tax filing deadline looms for one group of U.S. taxpayers -- those who are U.S. citizens or resident aliens now working or ...
President Trump’s tax policies would add roughly $3.8 trillion to the national debt, according to an analysis released ...