The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.

President Donald Trump addressed a joint session of Congress on Tuesday night, six weeks into his historic return to the ...

U.S. Commerce Secretary Howard Lutnick says the president is looking to eliminate income tax for Americans earning less than $150,000 per year.

A controversial plan by U.S. Senate Republicans to make President Donald Trump's 2017 tax cuts permanent by ignoring the cost to the deficit is raising warnings from party fiscal hawks and independent ...

Democrats and Republicans are making competing claims about how extending tax cuts from Trump’s first term would benefit the rich and poor.

Unlike temporary tax cuts, which lead to short-term boosts but create uncertainty, a permanent lower rate lets firms plan, expand operations ... could apply to Trump’s proposed new tax breaks ...

Disagreements on spending cuts, the process and the debt limit are combining to slow a House-Senate agreement.

President Trump reiterated his desire to see large new tax cuts on top of extending expiring tax cuts, delivering applause ...

Voters responded to Trump discussing his plan to make the government more efficient ... presidency — we are going to pass the largest tax cut in American history, including massive tax cuts ...

STORY: "217, the nays are 215" President Donald Trump's tax-cut plan cleared a major hurdle Tuesday as it narrowly passed the Republican-controlled House of Representatives. The budget resolution ...

Both leaders said Trump himself had been contacting reluctant members about the need to advance the $4.5 trillion tax-cut plan, which would also fund the deportation of migrants living in the U.S ...

As written, the bill also provides $4.5 trillion to extend Trump's 2017 Tax Cuts and Jobs Act (TCJA ... to advance its own version of the Trump plan last week. In the Senate Republicans' budget ...