Trump Bill Would Raise Estate Tax Exemption to $15 Million
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A poll found 64% of Americans have an unfavorable view of Trump's proposed tax bill that passed the House in May and is being revised in the Senate
William Ford Jr., the current executive chairman of Ford Motor Company and great-grandson of Henry Ford, says President Trump’s threat of tariffs is weighing heavily on the company. He spoke with NBC News’ Tom Costello about impact of tariffs and the first Ford ever made,
Cuts to Medicaid and anti-poverty programs wipe out gains low-income households could see from policies like no taxes on tips and overtime, nonpartisan estimates show.
Republican leaders are aiming for quick negotiations over needed changes to the newly unveiled Senate tax bill which lacks the votes to secure majorities in both chambers as written.
Shorter tax credit deadlines proposed in Trump's tax bill would derail swathes of green hydrogen projects and severely curb hydrogen investment in the United States, industry experts warn.
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Republicans want to let businesses use a little-known tax credit to pay insurance companies to cover their workers’ leave.
Texas Governor Greg Abbott is expected to sign new legislation offering property tax relief to homeowners in the state struggling with rising bills, on Monday. If endorsed by voters in November, the measures pushed forward by the GOP-led Texas legislature would significantly lower the cost of homeownership for millions of Lone Star State residents,