The president believes tariff revenue could completely replace federal income taxes within four years, despite current tariffs bringing in just one-tenth of what would be needed.
If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.
Gov. Greg Abbott sent a letter Tuesday to U.S. Treasury Secretary Scott Bessent requesting the Treasury Department launch an ...
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Treasury moves to end federal tax breaks for illegal migrants
The Trump administration is moving to shut off a little understood but politically explosive corner of the tax code, ...
As we approach the midpoint of the fiscal year, early indications suggest tax collections are pretty close to what officials expected. The Revenue Estimating Conference will meet next month to ...
Despite uncertain economy, Gov.Hobbs determined to cut taxes Curbing universal vouchers for private and parochial schools is ...
"We have more...pain to work through before we get to a place of stability, where credit markets operate in some kind of normal fashion," Dave Bohrman said.
Estimates of federal revenue forgone due to the tax exemptions of U.S. nonprofit hospitals relative to the community benefits ...
Gov. Katie Hobbs is defending her push for five new tax breaks for Arizonans that are similar to President Trump's federal ...
Greg Abbott took more action Tuesday against the Council on American-Islamic Relations (CAIR). Abbott on Tuesday requested ...
Terry Rozier will make his first court appearance next Monday after he was charged as part of a federal investigation into ...
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