The Latest Breaking News from Tax Cuts

ANALYSIS: ANALYSIS: Trump promised no taxes on tips, Social Security or overtime. Eric Garcia writes that the math does not add up

Good morning. The corporate tax provisions of the Tax Cuts and Jobs Act (TCJA) are set to expire this year. And Pascal Desroches, AT&T’s CFO and senior executive vice president, says that’s a cause for concern. President Trump will need to extend the provisions in of the TCJA, the signature…

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.22%. March E-mini S&P futures (ESH25 ) are up +0.09%, and March E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. March E-mini S&P futures (ESH25 ) are up +0.29%, and March E-mini Nasdaq futures...

ANALYSIS: House Speaker Mike Johnson twists enough arms. But, Eric Garcia warns, the internal disputes between House and Senate Republicans remain

House Republicans push their 2025 Trump-backed budget plan, proposing $4.5 trillion in tax cuts while slashing $2 trillion from federal aid programs, with heated clashes between Rep. Brian Jack and Rep. Jim McGovern as Democrats push back ahead of a crucial vote.

"If the Republican budget passes, the deficit gets worse, not better," says Rep. Thomas Massie. He's right.

Lawmakers will debate how to spend $3.5 billion in proposed tax cuts, a legislative priority for Republican leaders.

A new tax law lands Iowa among the top ten states with the lowest income tax rates.