House Republicans on Monday unveiled their long-awaited tax package, a 389-page bill that includes trillions in tax cuts — but also targeted tax hikes to offset some of the cost. Colleges would ...

is expected to draw howls from within the House GOP conference. In one of the most long-awaited details, the legislation increases the state and local tax (SALT) deduction cap from $10,000 to $ ...

Republicans on the House Ways and Means Committee on May 12 unveiled a sweeping tax reform package, a key marker for the GOP as its lawmakers in Congress aim to pass a major tax bill this year.

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald ...

Senate Republicans have released their version of the tax legislation. It included some significant changes from the House ...

For many families, another key source of savings is the child tax credit. Senate Republicans proposed permanently increasing ...

WASHINGTON, May 16 (Reuters) – President Donald Trump's sweeping tax ... vote in the House Budget Committee came despite Trump's call for Republicans to "UNITE behind" the legislation.

The U.S. House of Representatives passed a sweeping Republican-backed tax and spending bill Thursday that would impose a 21 percent tax on Harvard’s endowment returns — the latest in a series ...

GOP leaders hope to move it through the entire House by Memorial Day, and forward it on to the Senate for approval. Republicans aim to get it to Trump’s desk by their Fourth of July recess.