A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

A new top income tax bracket of 39.6 percent for those earning more than $2.5 million is reportedly on the president's mind.

Trump's reported demand could upend tenuous negotiations around the "big, beautiful bill" he wants House Republicans to pass.

Many taxpayers could see even more money in their pockets in coming years under a sweeping tax and spending cuts package that ...

The new tax brackets are as follows: $500,000 to $750,000 in student-adjusted endowment: 1.4 percent tax rate $750,000 to $1.25 million: 7 percent $1.25 million to $2 million: 14 percent $2 million ...

The president is said to want to create a new top income bracket for people making more than $2.5 million per year and to tax income above that level at a rate of 39.6 percent. By Andrew Duehren ...

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

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story  Trump’s ...

President Donald Trump wants Congress to create a new tax bracket for Americans who earn $2.5 million-plus annually or ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...