The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...

The tax and spending legislation approved by the U.S. Senate would create an unprecedented, dollar-for-dollar federal tax ...

The budget reconciliation bill passed today by the Senate on a vote of 51-50, with Vice-President Vance casting the tie-breaking vote, will cause significant harm to millions of children and families, ...

As federal aid ends and economic uncertainty grows, local governments face tough budget choices. Now is the time for ...

Most every Texan stands to see at least some benefit from the tax cuts at the heart of President Donald Trump’s “big, beautiful bill.” But the biggest benefits are geared toward the wealthiest people, ...

Compared to its House counterpart, the Senate bill makes certain tax provisions more generous, including corporate tax breaks ...

Michael Ettlinger, a political adviser who previously worked with the Biden-Harris campaign, said, “If the Republican’s new accounting method becomes the norm, it will be far easier to pass deficit ...

Many states are reaching their end-of-June budget deadlines, and major tax policy changes look to have big implications as ...

The exemption could reduce state revenues by around $600 million each year, according to the Institute on Taxation and Economic ...

To hide most of the costs of their proposed tax cuts, Senate Republicans are relying on a budget gimmick known as the current ...

If you find yourself in a hole, stop digging. This is exactly what Louisiana Senators did when they rejected two tax-cut bills that would have created a billion-dollar shortfall in the coming fiscal ...

“If a U.S. citizen is married to an undocumented immigrant, or if a citizen child has an undocumented parent, then the House bill considers the citizen to have forfeited their right to a range of tax ...