The Republican megabill now before the Senate cuts taxes for high earners and reduces benefits for the poor. If it’s enacted, that combination would make it...
Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that they hoped to make major changes...
There’s no question that President Trump’s proposal to stop taxing tips has broad appeal. It’s popular in polling, lawmakers in both parties support it, and now...
Depreciation allowance for qualified production property Allow immediate deductibility of 100 percent of the cost of certain new factories and improvements $148 bil. Business interest deduction...
Harvard University signaled Friday that it would resist President Trump’s renewed threat to revoke the school’s tax-exempt status, a move for which it said there was...
Gov. Kathy Hochul on Monday announced the framework of a roughly $254 billion state budget agreement, ending a monthlong stalemate over public safety issues that the...
A shorter open enrollment period, less help choosing a plan, higher health insurance premiums for many people — those are just a few changes now brewing...
If President Trump has his way, the auto industry’s transition to electric vehicles will soon slam into reverse. He will erase tax credits for electric-vehicle purchases,...
On the day after Doug Burgum became governor of North Dakota in 2016, he addressed questions about what he would do about all of his wealthy...
Gov. Kathy Hochul of New York proposed slashing the state’s income tax for most residents as part of a sweeping populist agenda that she planned to...