Taxes

President Trump announced on Wednesday that he will impose a 25% tariff on foreign-made cars and light trucks starting on April 2, adding to the...

House Republican leaders are calling on the Senate to take up their plan to quickly pass President Donald Trump’s agenda in “one big, beautiful bill.”...

Permanently extending the 2017 tax cuts as Republicans want to do would result in significantly higher budget deficits over the coming decade and...

President Donald Trump signed an executive order on Thursday authorizing a radical reduction in the Department of Education, partially fulfilling a...

Three years ago, Congress provided the IRS with billions in extra funding to revitalize the agency, but that vast majority of that money has either...

President Donald Trump’s effort to raise tariffs on trading partners around the world will reduce global trade and raise inflation if the levies stay...

The Trump administration’s DOGE cost-cutting effort led by tech mogul Elon Musk claims to have saved more than $100 billion so far, largely through...

President Trump pushed ahead in his rapidly escalating trade war Thursday as he threatened to impose a 200% tariff on wine and spirits from the...