The Oklahoma Legislature now has its FY 2026 projections after the Board of Equalization approved appropriation percentages ...

The consumer price index conundrum The Trump tax cuts also altered how the Internal Revenue Service calculates inflation adjustments for over 60 different provisions. These include the earned income ...

President Trump made tax cuts a cornerstone of the 2024 campaign, but Congressional Republicans are divided over strategy and will need near-unanimous support to shepherd them across the finish line.

WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President ...

Now, as Republicans face the expiry of Trump’s signature first-term tax cuts, he would clearly like to keep his promise to ...

The initial plan calls for $4.5 trillion in tax cuts and at least $1.5 trillion in spending reductions, along with an ...

Mike Johnson and House Republicans on Wednesday released their budget plan, which would raise the debt ceiling by $4 trillion ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

The year's top economic-policy event opted mainly for short-term relief through middle-class tax cuts while passing up a ...

and 1.8% over the longer run. Real GDP data for the years after the TCJA show the following growth rates: The TCJA cut the corporate tax rate to benefit shareholders, who tend to be higher earners.

The emerging House Republican tax package ... end of this year. The emerging details reveal a deeply flawed package that prioritizes tax cuts for the highest-income Americans over low-income ...

Stitt has for years supported ... on this issue over the coming months." New House Speaker Kyle Hilbert, R-Bristow, noted that the grocery tax elimination was the largest tax cut in Oklahoma ...