Commerce secretary said President Trump wants to revamp the tax system, drop income taxes for people making less than $150K.

Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...

U.S. Commerce Secretary Howard Lutnick says the president is looking to eliminate income tax for Americans earning less than ...

President Donald Trump has proposed a plan to abolish federal income taxes for Americans earning less than $150,000 per year, ...

Crunching trade data provides some clues about how Trump is likely to target the big round of tariffs coming April 2.

With the Republican-controlled Congress moving forward with President Donald Trump's call to extend the 2017 individual tax ...

The latter is the policy opportunity that is arguably most in need of ambitious legislation, and it offers significant opportunities for bipartisan collaboration. Strengthening the U.S. industrial ...

The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.

And President Trump will probably not remove taxes on ... with new income bands in each tax bracket. The deduction that all taxpayers are generally eligible for (and actually use, unless they ...

President Trump has proposed eliminating some or all ... According to NerdWallet, 2024 tax brackets will pay between 10% and 37% in income tax. The amount depends on whether the person is filing ...

In a separate opinion piece for Bloomberg Tax, Trump-appointed former IRS Commissioner Charles ... for individual spending cuts and tax breaks. In recent years, audit rates have fallen across the ...