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 ...
Center on Budget and Policy Priorities1dOpinion
House Republican Tax Bill Is Skewed to Wealthy, Costs More Than Extending 2017 Tax Law, and Fails to Deliver for Families
The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was ...
Trump’s ‘big, beautiful bill’ heads for the House floor after clearing ‘DC after dark’ hearing
The House Rules Committee started a marathon hearing at 1 a.m. Wednesday for the final markup of Trump’s “big, beautiful bill ...
Institute on Taxation and Economic Policy2dOpinion
ITEP Statement: House-Passed Tax Plan Widens the Gap Between the Rich and the Rest
The sprawling tax and spending bill before the House of Representatives would cut more than $200 billion from food assistance ...
Economics Explained on MSN2d
Why Taxes Can’t Fix Wealth Inequality: Lessons from the Dutch
The Netherlands is admired for its progressive policies, but wealth inequality persists. Why haven’t taxes closed the gap? This video explores the Dutch economy’s lessons on the limits of taxation.
Trump's 'big, beautiful bill' includes a Ted Cruz proposal for $1,000 'MAGA accounts' for American babies
House Republicans have unveiled a pilot savings program for kids that's reminiscent of a "baby bonds" plan previously floated ...
Money Talks News on MSN1d
America's Hidden Wealth Crisis: the Massive Gap Between Owners and Renters
American homeowners possess forty times more wealth than renters, creating a profound economic divide. The $390,000 gap ...
Will Trump’s ‘big, beautiful’ win hurt his energy agenda?
Instead, the GOP and its fiscal hawks carried President Donald Trump’s “big, beautiful” bill to a victory in the House. And ...