Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

President Donald Trump threatened to cut special tax breaks for sports team owners, potentially reigniting a long-running ...

A new bill proposed in the Georgia legislature aims to eliminate the state’s 5.49 percent income tax for college athletes on ...

Democrats view the coming fights over President Trump's agenda as an opportunity to put his party on the defensive and damage ...

The House Republican budget released today by Budget Committee Chair Jodey Arrington is an extreme giveaway to the wealthy at ...

Now, though, there’s optimism that new legislation will allow the limit to go up. Trump wants the cap lifted, and influential ...

Wealthy people don’t always spend all of their money on nice houses and cars. Some try to pay their good fortune forward by ...

The ultra-rich have mastered the art of hiding wealth, often finding creative ways to shield their money from tax authorities ...

If the ACA’s enhanced premium tax credits expire, increased premium costs, marketplace instability, and the loss of coverage ...

Several tax breaks, including the Child Tax Credit, may face reforms or be cut entirely as lawmakers seek revenue for Trump’s ...

House Republicans’ draft budget calls for $2 trillion in cuts to federal nutrition assistance and other programs.

Yet, Trump and Republican leaders insist on extending tax breaks passed in 2017. Trump slashed income taxes by $60,000 for ...