The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...

A new report shows low-income families would lose income and wealthy would gain if Republicans extend tax cuts and reduce ...

Republicans in the U.S. Congress on Monday sought to advance elements of their sweeping budget package that would cut taxes ...

Republicans in the U.S. Congress have released initial drafts of a sweeping budget package that would fulfill President ...

The Congressional Budget Office estimates the cuts will lead to 8.6 million people losing coverage over the next decade.

The House tax committee released key details of the multi-trillion dollar tax-cut bill President Donald Trump is seeking to ...

The House Ways and Means Committee on Monday released a fuller version of its part of the party’s bill full of President ...

Republicans on the House tax committee have proposed raising the state and local tax cap from $10,000, but nothing is set in stone, according to leadership.

Republicans are moving to raise the rate for schools with large endowments, all the way up to 21% for those with student adjusted endowments of $2 million.

Meanwhile, a handful of Republicans from high-tax states like New York, New Jersey and California are pressing for a higher ...

House Republicans have unveiled the cost-saving centerpiece of President Donald Trump’s “big, beautiful bill.” ...

Republicans in the U.S. Congress have released initial drafts of a sweeping budget package that would fulfill President ...