Tax Reform

House Republican leaders are looking to pass a short-term spending bill to avoid a government shutdown next week and keep the government's doors open through Dec. 22.

The New York Times has a headline this morning, which I agree with: "GOP tax plan could reshape life in the U.S."

Small Business Association administrator Linda McMahon discusses the potential impact of tax reform on small businesses in America.

As Republicans in the House and Senate inch closer toward a consensus on a bill to overhaul the U.S. tax system, the American Association of Retired Persons (AARP) warns older Americans could be negatively impacted by the measures the GOP is aiming to pass.

As Republicans work to approve a tax reform bill before the end of the year, some experts warn that eliminating state and local tax (SALT) deductions could cause wealthy individuals to leave places like New York, New Jersey and California, in favor of states with more favorable income tax rates.

If the Senate votes to pass its tax reform legislation this week -- an increasingly uncertain feat amid some party infighting -- it likely won’t bring an end to Republicans’ push to pass a major tax cut package by the end of the year.

Congressional Republicans scrambled on Wednesday to reformulate their tax-cut bill to satisfy lawmakers worried about how much it would expand the federal deficit.

U.S. stocks were higher again on Wednesday, boosted by the latest progress in passing tax reform legislation while a strong reading on U.S. third quarter GDP added to the upside.

U.S. Senate Republicans rammed forward President Donald Trump's tax-cut bill on Tuesday in an abrupt, partisan committee vote that set up a full vote by the Senate as soon as Thursday, although some details of the measure remained unsettled.

President Donald Trump’s efforts to sway Republicans on Capitol Hill to support the Senate’s tax reform bill on Tuesday may have proved unfounded: Despite the president’s lobbying, Sen. Steven Daines said his decision to vote “no” won’t change unless the bill itself does.

President Donald Trump’s push for tax cuts hit new turbulence on Tuesday, with Democrats abruptly pulling out of a planned White House meeting with him, while some Senate Republicans were demanding changes to the tax bill.

President Donald Trump is preparing for a meeting on Tuesday with congressional leadership with the hope they have a 'come to Jesus' moment on a spending bill that would determine next year's budget.

Sen. Steve Daines (R-MT) is officially a “no” on the Senate’s tax reform bill after he voiced his concerns with President Donald Trump on Sunday, FOX Business has learned.

U.S. Treasury Public Affairs Assistant Secretary Tony Sayegh on Monday explained why the elimination of the state and local tax deduction should remain in the Senate’s tax reform plan.

The estate tax affects a very small — and very wealthy — number of Americans.

Rep. Peter King, a staunch opponent to the current version of the House Republicans’ tax reform plan, said the elimination of the state and local tax (SALT) deduction could increase the average New York homeowner’s taxes by at least $1,000.

Texas Sen. Ted Cruz (R) wants an unapologetic, 'Reagan-style' tax cut, he told the FOX Business Network.

Signs of trouble may loom ahead for the Trump administration’s promise to deliver on passing the largest tax cuts in 30 years, after the Republican-controlled Congress just narrowly voted to approve its budget early Thursday afternoon.

As Republicans inch closer to passing the first major tax overhaul in more than 30 years, some worry that in order to fund the $1.5 trillion cuts, tax-free deposits into 401(k) retirement accounts could be curtailed.

President Donald Trump's top economist is doubling down on claims that corporate tax cuts would spark rapid economic growth and boost incomes.