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President Donald Trump has signed into law the One, Big Beautiful Act (OBBA), and for taxpayers in high-tax states like ...
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Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...
The legislation extends Trump’s 2017 multitrillion-dollar tax cuts and cuts Medicaid and food stamps by $1.2 trillion. It ...
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
Simply put, taxpayers will be able to benefit from many of the tax changes in 2025, although they might not notice the ...
President Donald Trump’s “big beautiful bill” emerged victorious with its final passage clearing the House of Representatives ...
Senate Republicans hauled President Donald Trump’s big tax breaks and spending cuts bill to passage Tuesday by the ...
The public is facing a $4 trillion tax hike in the coming months. It is now the Senate’s turn to ensure that hike never hits our wallets. The 2017 Tax Cuts and Jobs Act was a rare win for ...
The Tax Cuts and Jobs Act (TCJA) disproportionately benefited the working and middle classes, as evidenced by IRS data which shows that the TCJA made the federal tax code more progressive, with low… ...
Without Congress extending the Tax Cuts and Jobs Act of 2017, tax cuts could revert back to 2018. From tariffs to inflation, macro risks are rising—Matt Maley reveals how he’s trading it all ...
Further, according to IRS data, total individual income tax revenues were $1.6 trillion in 2017. In 2022, the IRS reported that total individual income tax revenues exceeded $2.13 trillion.