President Donald Trump is yet again pitching a radical idea: replacing the federal income tax with revenue from tariffs. In a recent interview, Trump said there is "a chance" that tariffs alone could ...

With primary provisions of the 2017 Tax Cuts and Jobs Act set to expire come 2025, either President Joe Biden or President Donald Trump will face a showdown in Congress to extend the tax cuts or let ...

President Trump doubled down on an idea to send $2,000 checks to millions of Americans. He has offered no specifics, but ...

Erica York is a senior economist at the Tax Foundation. Donald Trump has floated a proposal to replace the U.S. income tax system with a new system of tariffs, moving the United States back to the tax ...

President-elect Donald Trump has pledged to end income tax on tips. The proposal is part of Trump's broader tax cut plan, including for overtime and Social Security. House Speaker Mike Johnson said ...

Lt. Gov. Delbert Hosemann speaks during a press conference at the Mississippi Capitol in Jackson on Monday, March 17, 2025. He addressed the ongoing debate surrounding House Bill No. 1, which aims to ...

President Donald Trump is apparently stumped by math and how refund checks work after announcing he wants to give Americans ...

A ballot question backed by the Pioneer Institute and Mass High Tech Council would reduce the state income tax rate from 5 percent to 4 percent over a three-year period — a cut, opponents say, that ...

On Oct. 20, the U.S. Senate unanimously passed legislation to simplify the way Americans interact with the IRS when they make mistakes on their tax returns. The Internal Revenue Service Math and ...