Trump, Tax Bill and House Republicans
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President Donald Trump’s signature economic package took a major step toward becoming law when the House Ways and Means Committee approved trillions in new tax cuts for corporations, households and small businesses on a party-line vote.
The IRS has faced internal turmoil over the Trump administration's push to broaden access to taxpayer information.
An expansion of the child tax credit and new “MAGA savings accounts” for children are among the proposals in President Donald Trump’s budget.
The cost of Republican lawmakers’ draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate. The reality is likely much higher, thanks to the use of budget and political tools designed to minimize the appearance of the fiscal hit,
The Trump administration’s refocusing of federal resources on immigration has landed at the Chicago office of the IRS’s criminal investigation bureau.
Republicans have wanted to end IRS Direct File for years, calling it wasteful and an example of government overreach.
The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.