News

10 ways the Trump tax bill could affect your money
Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips ...
Trump’s ‘Robin Hood in reverse’ tax bill is driving up the cost of buying a home, Democrats say
The cost for a 30-year fixed-rate mortgage crept up to levels not seen since February, reflecting bond market fears over ...
Budget bill passes the House. What to know about Medicaid cuts and tax exemptions
The House votes in favor of "big beautiful bill." If bill passes Senate, some will see tax cuts and millions could lose ...
In new attack, Trump spending bill would hike taxes on elite colleges
The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment ...
What the ‘No Tax on Tips’ Bill Means for Workers and Businesses
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
Dow sinks 800 points as bond market starts to freak out over Trump’s tax bill
The Dow closed lower by 817 points, or 1.91%. The broader S&P 500 slid 1.61% and the tech-heavy Nasdaq Composite fell 1.41%.
Institute on Taxation and Economic Policy5h
Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...
GOP bill cuts social spending—but popular tax break for hedge funds survives
The carried interest loophole refers to a provision in the U.S. tax code that allows investment fund managers, like private ...