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The Latest Breaking News from Howard Gleckman

Checking the math on White House, GOP claims about ‘Big Beautiful Bill’ - Roll Call

Republicans say the 'big beautiful bill' will reduce the deficit, but economists say making the tax cuts permanent will do the opposite.

Roll Call

The bipartisan, "merely wealthy" tax cut

The latest GOP proposal raises the cap on deducting state and local taxes, a policy change backed by some Democrats

Salon

Trump’s tax hike on millionaires is back on the table—but experts say it won't make a dent in the ultra-rich

The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.

Fortune

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Fact-checking Day 4 of the Democratic National Convention - Roll Call

The Democratic convention wrapped up with Vice President Kamala Harris’ speech accepting the party’s nomination for president. She made some misleading or unsupported claims about her opponent.

Roll Call

Fact-checking Day 2 of the Democratic National Convention - Roll Call

Fact checking the second night of the 2024 Democratic National Convention

Roll Call

Who would benefit from 'no tax on tips' policies? Just 2.5% of workers

"A tax exemption for tips violates every rule of tax equity."

Fortune

Biden asks Congress to suspend gas tax for 3 months

WASHINGTON — President Joe Biden on Wednesday asked Congress to suspend the federal gas tax through September, a move that he said could shave off 18 cents per gallon and “give families just a little bit of relief.”

Los Angeles Times

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Biden asks Congress to suspend gas tax for 3 months

WASHINGTON — President Joe Biden on Wednesday asked Congress to suspend the federal gas tax through September, a move he said could shave off 18 cents per gallon and "give families just a little bit of relief."

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Michelle Lujan Grisham

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the Tax Policy Center

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