Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

Canada’s foreign minister is warning Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump ...

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.

Though the law instantly came under fire by Democrats as a “tax scam” giveaway to millionaires and billionaires that left ...

In the horse-trading to preserve Trump’s tax cuts, some House Republicans seek a SALT cap increase. Right now, the House has ...

Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending ...

As yields rise, higher borrowing costs potentially push Republicans to increase their focus on spending cuts.

Trump has promised a sweeping economic overhaul, including high tariffs on major U.S. trading partners and massive tax cuts, ...