News

Here’s what the megabill means for retirees’ taxes, according to a financial adviser
Financial advisers often use their software to run multiple scenarios for clients for planning purposes. The breakdowns they ...
Hayes on Trump’s megabill: Provisions like no tax on tips are ‘lipstick on this pig’
Chris Hayes says that the relatively populist provisions in President Trump's megabill, like "no tax on tips," are really ...
Institute on Taxation and Economic Policy2d
Megabill Takes Cap Off Unprecedented Private School Voucher Tax Credit, Potentially Raising Cost by Tens of Billions Relative to Earlier Version
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in ...
No tax on Social Security? Not quite. What the tax megabill really means for seniors.
Before the passage of the tax bill, 64% of seniors didn’t pay taxes on their Social Security benefits, according to a June ...
Trump’s megabill slashes wind energy incentives, but Dominion’s Virginia Beach project spared
President Donald Trump’s signature bill will slash solar and wind energy incentives, but Dominion Energy’s wind farm is ...
High-income earners to benefit most from megabill tax breaks
Welcome to The Hill’s Business & Economy newsletter{beacon}View Online Business & Economy Business & Economy   The Big Story ...
Tax cuts now, benefit cuts later: The timeline in the Republican megabill
Savings from safety net cuts still are not enough to offset an expensive package of tax breaks projected to add more than $3 ...
Trump megabill axes $7,500 EV tax credit after September
Lawmakers would eliminate a $7,500 tax credit for households that buy or lease new EVs, as well as a $4,000 credit for ...