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House Passes Trump Tax Bill

Breaking Down What’s in the GOP Tax Bill

Republicans got a fiscal bill through the House on Thursday. It’s a complex piece of legislation that includes tax cuts, spending increases, spending reductions and some tax hikes. In total, it would increase budget deficits by nearly $3 trillion over a decade.

The Hill on MSN · 19h

How Trump’s big bill could affect your taxes

President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which Republicans slated for expiration at the end of this year back in 2017. As such,

The Washington Post · 6h

Trump's big tax bill has passed the House. Here's what's inside it

One of the thorniest issues in negotiations had been how much to raise the state and local tax deduction, now capped at $10,000. That’s been a priority of New York lawmakers. Th

Senate unexpectedly passes the 'No Tax on Tips Act'

Opinion

MarketWatch on MSN · 23h

The Senate just passed ‘no tax on tips.’ Does this mean you can tip less?

If you think the “no tax on tips” measure just passed by the Senate will mean you can tip less with a clear conscience, think again. The measure, which will now go to the House of Representatives, is mostly window dressing and will have little effect on the incomes of waiters,

Time on MSN · 20h

What the No Tax on Tips Act Means for Workers and Businesses

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

CNET · 1d

Senate Passes Bill to Cut Taxes on Tips: Here's Everything You Need to Know

A new bill headed to the House of Representatives would offer a major tax break for taxed income under certain income levels, but that might not be the uncomplicated relief it sounds like.

1 Thing You Must Do Before a Roth IRA Conversion

A Roth conversion means investors pay taxes on the converted balance. While this can be a smart strategy in some cases, there ...

Opinion

The Mining Journal11hOpinion

Here’s the real cause of our growing national debt

Last Friday, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican package ...

7don MSN

A Millionaire Tax? Trump Says It Could Happen

A new top income tax bracket of 39.6 percent for those earning more than $2.5 million is reportedly on the president's mind.

7don MSNOpinion

Trump's Tax Plan Is a Leftist Economic Agenda Wrapped in Populist Talking Points

If you voted for President Donald Trump last November because you believed he'd increase economic freedom, it's safe to say ...

9dOpinion

Commentary: Trump's millionaire tax isn't enough

Trump could go further. His version of the millionaire tax would raise just $2.2 billion per year, according to the Penn ...

Budget 2025: Budget night papers reveal 0.5% tax hike on 180k families, KiwiSaver changes may undermine growth agenda

About 180,000 families will face a 0.5% increase to their effective marginal tax rate, Budget night papers reveal. Although these families will still be better off thanks to other tax credit changes, ...

8dOpinion

Families With Children Deserve Tax Relief—But A Growing Economy Too

Families with children need a tax system that creates a growing economy with more opportunities and affordable living for the ...

LEO: Perfectly Sensible If You Pay Tax But If Not, Then...

BNY Mellon Strategic Municipals Inc. offers tax-advantaged income for high earners through diversified muni bonds. Check out ...

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