News

Texas Homeowners Worry About 'Loopholes' in New Property Tax Cut Law
Several readers based in Texas wrote to Newsweek about their growing frustration with County Appraisal Districts in the state ...
‘Most taxpayers will see a cut': Senate's tax plan for Trump's spending package would permanently extend TCJA cuts
Among the core principles of both the House and Senate versions of the budget bill is permanently extending Trump’s 2017 tax ...
Trump's Social Security tax cut unlikely, but seniors may get $4,000 'bonus' deduction
One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...
In backdrop of shuttered MetroSouth hospital in Blue Island, south suburban officials warn Medicaid cuts could undermine health care
Blue Island’s closed MetroSouth is a warning of what could happen if President Donald Trump’s Medicaid cuts are approved, ...
Ohio Senate budget would add sales tax for newspapers, jukebox songs and other items
Ohio Senate Republicans want to remove certain sales tax exemptions to help pay for a $1.1 billion income tax cut.
White House: Maryland families would be 4th-largest beneficiary of Trump tax bill
Maryland ties for fourth among 50 states in terms of the financial benefits average families would see if Congress passes ...
Republican tax cut calls for shielding retirement income from Wisconsin income taxes
Included in a Republican tax cut plan advancing in the Legislature is a provision to shield some retirement income from ...
Some US restaurants and servers oppose Republicans’ ‘no tax on tips’ budget proposal
Some segments of the U.S. restaurant industry don't support President Donald Trump's proposal to eliminate federal taxes on ...