The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

Any tax plan that grows the deficit and dents confidence in the US government's ability to meet its obligations could send ...

The IRS Direct File program could be canceled in favor of a public-private partnership if Congress passes Trump's one big, ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

A new bill backed by House Republicans wants to extend the higher child tax credit President Trump instituted in 2017. The ...

During the marathon Ways and Means Committee meeting scrutinizing the new Republican tax bill, Rep. John Larson (D-Conn.) ...