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 ...
Trump is counting on economic growth to offset tax cuts. But his ‘big, beautiful bill’ likely wouldn’t deliver, experts say
President Donald Trump and congressional Republicans are promising that their sweeping tax and spending cuts package will ...
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 ...
Senate Official Rejects Food Aid Cuts Proposed by Republicans in Megabill
The ruling by the parliamentarian sent G.O.P. lawmakers back to the drawing board to cover the costs of President Trump’s ...
‘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 ...
Columbus Dispatch5d
Senate tax bill stumbling blocks: Medicaid cuts, SALT and deficit explosion
Republicans included the cuts in an effort to offset the lost revenue from Trump's promised tax cuts. The proposed changes would save the federal government at least $625 billion and cause 7.6 ...
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.