The Latest Breaking News from Tax Cuts

Prime minister’s Liberal Democratic party to be pressed on promised tax cuts and fiscal stimulus plans

For the last eight years, tax season was deceptively simple for most Americans. Thanks to the 2017 Tax Cuts and Jobs Act (TCJA), the Standard Deduction was so high, nearly $30,000 for couples, that 90% of taxpayers stopped tracking receipts. You didn’t need to log your charitable donations, medical bills,…

Sources say they would be similar to tax refund checks.

Athens has lowered most income tax rates by two points and rolled out extra breaks tied to children and for younger workers, including zero income tax for under-25s earning up to €20,000.

The dollar index (DXY00 ) today is up by +0.27%. The dollar is stronger today as higher T-note yields strengthened the dollar's interest rate differentials. Also, comments today from Richmond Fed President Tom Barkin were supportive of the dollar when he said he expects tax cuts and deregulation to lift...

ARK Invest CEO Cathie Wood is forecasting a historic economic boom driven by the incoming administration's fiscal policies, describing the landscape as “Reaganomics on steroids.”

The governor must first win over lawmakers who have rejected similar proposals. The state may have to backfill more than $17 billion for school funding alone.

Sen. Elizabeth Warren (D-Mass.) on Sunday called President Donald Trump’s tenure the “most corrupt” in America’s history, criticizing his involvement in cryptocurrency ventures, meetings with leading industry figures, and other decisions.

Even voters in Austin, one of the state’s most liberal cities, shot down a measure to raise property taxes.