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Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...
Anthony Albanese has declared he “wouldn’t be able to tell you” the name of one of the candidates running in his local seat, ...
In a committee meeting Tuesday, lawmakers discussed three alternative tax cut options to go into effect in fiscal year ...
Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA ...
The Congressional Budget Office (CBO) recently found that extending the 2017 Tax Cuts and Jobs Act (TCJA) and adding $1.5 ...
Australia’s two major parties are engaging in a “spendathon” ahead of the federal election which will do little to pay down the national debt or improve living standards, a leading economist has ...
Labor has taken aim at Peter Dutton “aspiration” to address a major income tax issue, saying the Opposition Leader is making ...
The unexpected debate has emerged as GOP lawmakers look for ways to pay for their massive budget bill and as the party's ...
However, some estimates have predicted that extending the cuts would boost income in 2026, with the conservative-leaning Tax Foundation in particular predicting a 2.9% rise on average, based on a ...
Poilievre is pledging to also cut the industrial carbon tax, a bigger income tax cut and GST cuts for all home buyers under $1.3 million and expansion of the Tax-Free Savings Account (TFSA). The NDP, ...
All proposed tax cuts being sought by Republicans — including Trump’s call to scrap income taxes on tips, overtime pay and Social Security benefits — would cost $7.7 trillion, according to ...