The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.

Canadian MAGA businessman Kevin O’Leary appears willing to admit that President Donald Trump’s trade war with China is essentially a “consumption tax” which Americans will end up paying.

House Republicans revealed the sweeping tax provisions for President Donald Trump's big bill Monday, tallying at least $4.9 trillion in costs so far, partly paid for with reductions to Medicaid and other programs used by millions of Americans.

House Republicans are just 33 hours away from starting their most consequential committee votes yet on President Donald Trump’s “big, beautiful bill.” Here’s the latest on what we know as GOP leaders push to have the bill on the floor next week.

It targets several clean energy tax credits implemented under the Democratic reconciliation bill passed under President Joe Biden, including eliminating tax credits for electric vehicles, credits for clean energy home investments, and sunsets tax credits for certain types of renewable energy production.

A group of state treasurers are warning that a plan by Republicans in Congress to cover the cost of President Donald Trump’s tax cuts for the wealthiest Americans will have dire consequences

The House tax committee’s draft bill to renew President Donald Trump’s tax cuts calls for increasing the state and local tax deduction to $30,000 for couples, but limits the write-off to households earning $400,