A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

Zucman’s research illustrates a historical shift in tax burdens. For the first time, America’s wealthiest individuals pay a ...

On the campaign trail, Trump repeatedly denied that his tariff plan would lead to inflation. When ABC News asked him in ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

Read Next: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth Learn ... when it comes to the super-rich compared to middle-class income households. The Tax History of the Top 1% ...

This is a sneaky tax that hits working class families hard ... There would be many long term health benefits, which would pay dividends by reducing our health care costs. We are all looking ...

Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked ...

WASHINGTON — President Trump asked congressional Republican leaders Thursday to end tax perks for sports team owners and ...

One of Tesla’s biggest tax-saving mechanisms is accelerated depreciation, a loophole that allows corporations to write off the cost of assets much faster than they actually lose value. In 2024, Tesla ...