Trump, tax
Digest more
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.
Speaker of the House Mike Johnson, R-La., joined from left by House Majority Whip Tom Emmer, R-Minn., and House Majority Leader Steve Scalise, R-La. at the Capitol in Washington, April 8, 2025. The U.S. House of Representatives recently passed a tax and spending bill that proposes to usher in major changes to Medicaid. AP
House Republicans secured $12 billion in their reconciliation bill for states that incurred costs over the border crisis during the Biden administration.
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
GRAND RAPIDS, MI —Kent County’s new 8% hotel tax has generated an additional $999,469 in the first two months of this year, according to the latest available data. Kent County voters approved a ballot request in August to raise the county’s hotel tax from 5% to 8% to help fund large-scale,
Explore more
Inheritance and estate taxes, often referred to as "death taxes," vary significantly across the United States. Federal estate taxes apply only to the wealthy, with estates exceeding $13.61 million in 2024,
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in high-cost states.
Worried about IRS wage garnishment? Here's what to know about your options before more of your paycheck disappears.