Trump, Republicans and GOP tax breaks
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WASHINGTON—Conservative House members are fuming at some of their Republican colleagues from New York, New Jersey and California, whose insistence on a much larger state and local tax deduction is one of the biggest remaining hurdles to the party’s giant tax-and-spending bill.
Historically, bond investors more or less swallow the debt the U.S. government takes on, but this time they may be less inclined to do so.
Rep. Lawler has been a staunch advocate for higher SALT cap deductions amid the debate over the GOP backed "big beautiful bill."
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.
The Republican tax bill looks very different depending on your income—and your political lens.
U.S. Republican tax writers pushing through President Donald Trump's signature tax cut priorities proposed to eliminate a customer tax on firearm silencers, a tax potentially undoing the almost 100-year-old tax.
An effort to help President Trump strip tax-exempt status from nonprofits he deems to support "terrorism" has sparked serious concerns.
The reconciliation text being considered by the House Ways and Means Committee includes $15 million for the IRS to study how to give Americans free ways to file their taxes that would replace both the Free File and Direct File programs.