Taxes

Lawmakers face urgent deadlines on defense, debt limit, and government shutdown, plus several other issues that will add to the drama.

President Biden has endorsed a minimum tax on income that well-off corporations report to investors in order to help fund his sweeping Build Back Better plan.

'Kudlow' host discusses unemployment as it plunges to its lowest level despite inflation woes

Democrats have proposed a minimum tax on income that well-off corporations report to investors in order to help fund President Biden's sweeping tax and spending package.

The FOX Business host shares his thoughts on Jerome Powell as President Biden appoints him head of the Federal Reserve

House progressives initially pushed for a $3.5 trillion reconciliation bill passed before an infrastructure bill. They got neither.

FOX Business host Larry Kudlow explains how inflation is here to stay.

As President Biden’s $1.75 trillion spending bill advances to the Senate, Republicans are issuing dire warnings about an aggressive IRS tax enforcement proposal that will be a key factor in determining whether the expansive legislation’s costs are fully covered.

The sweeping social spending and climate bill that House Democrats passed on Friday morning includes a temporary repeal of a Trump-era limit on the state and local tax deduction – a policy that would deliver huge windfalls to the wealthy while providing almost no benefit to middle-class Americans.

House lawmakers voted to pass President Biden’s expansive spending bill on Thursday night despite strong opposition from Republicans and lingering questions about the White House’s claim that the cost of its policies will be fully covered.

Rep. Jared Golden was the only Democrat to vote against the reconciliation bill Friday, but he said he could vote for the bill later this year depending on the changes the Senate makes to it.

Year-end tax planning always matters, but new or temporary tax-code changes make it different this year.