Kansas state revenues will drop after the sales tax on food was eliminated this year. More cuts could take us back to a bad ...

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

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

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

President-elect Donald Trump’s signature tax cut bill could hinge on a House Republican fight over state and local tax ...

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

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Georgia Gov. Brian Kemp wants to again speed up state income tax cuts. The Republican also warned lawmakers Thursday in his ...

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

In regards to the statewide sales tax, Walz is proposing a .75% reduction to the tax rate alongside provisions to expand the ...