News

Institute on Taxation and Economic Policy2h
Megabill Takes Cap Off Unprecedented Private School Voucher Tax Credit, Potentially Raising Cost by Tens of Billions Relative to Earlier Version
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in ...
Trump's 'no tax on tips' is getting close to the finish line. Here's how it will work.
The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign ...
How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
What to know about the 'no tax on tips' policy
Following promises from both parties during the last presidential election, the "no tax on tips" policy is now one step closer to becoming a reality after passing both the House and Senate. Should the ...
Student loans, gun silencers and a space shuttle: See surprises found in Senate tax bill
From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...
GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...
Poorest Americans dealt biggest blow under Senate Republican tax package
Small improvements in taxes are overshadowed by cuts to health insurance and other federal aid, resulting in a package ...
Senate Republicans' spending bill boosts child tax credit. Who stands to benefit
Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...