Governor-elect Bob Ferguson's budget proposal diverges from the spending increases proposed by outgoing Gov. Jay Inslee.

Italy's government intends to promote tax cuts to help middle income earners this year after focusing initially on people ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

Tax Cuts and Jobs Act expired on Dec. 31, 2024. Data show the cuts hurt Black Americans and worsened income inequality.

Washington's incoming governor is breaking from some key members of his party on how to tackle the state's looming budget ...

A new Tax Policy Center analysis finds that raising the cap to $20,000 would increase the federal debt by about $225 billion ...

India currently offers two tax regimes: the old regime with higher tax rates and more exemptions, and the new regime with ...

The 2025 tax reform proposal, with its plan to reduce the corporate tax rate from 20% to 15% for businesses manufacturing in ...

As we have pointed out before, extending the various individual and estate tax provisions of the Tax Cuts and Jobs Act (TCJA) beyond their scheduled expiration at the end of 2025 is unlikely to boost ...

Rather than weakening the SALT cap, lawmakers should strengthen it. Concern over the marriage penalty could be addressed by reducing the SALT cap to $5,000 for single filers or setting a new ...

WASHINGTON (AP) — President-elect Donald Trump likes the idea of “one, big beautiful bill” for his top legislative priorities ...

A major concern for local housing experts during the administration change is the value of low income housing tax credits.