Taxes

The Indian government is cutting taxes on fuel in an effort to boost its economy as it recovers from COVID-19 shutdowns

A coalition of moderate Democrats is aiming to repeal a Trump-era limit on state and local tax deductions as part of President Biden's signature spending plan, teeing up a showdown with progressives who say doing so would amount to a huge tax cut for the rich.

Virginia Republican gubernatorial candidate Glenn Youngkin is emphasizing his plans for lower taxes and job growth in the final stretch of the race against Democratic opponent Terry McAuliffe.

Though it's not a presidential or midterm election year, voters across the country are headed to the polls today to decide several important issues – including significant questions of state tax policy.

FOX Business host Larry Kudlow joined “Varney & Co.,” Tuesday, and provided insight into Biden's tax and spending spree.

The U.S. would have the highest personal income tax rate in the developed world under a White House proposal that would overhaul the nation's tax code in order to fund President Biden's signature spending plan.

Democrats aim to raise $400 billion in new revenue over the next decade by beefing up the Internal Revenue Service and cracking down on rich tax evaders, a plan that hinges on a revived fear of audits among the wealthy.

Wealthy investors are increasingly concerned about the possibility of impending tax increases as congressional Democrats barrel ahead with a plan to substantially raise rates on well-off corporations and rich Americans.

Tax experts are raising concerns about the sprawling social spending plan that President Biden outlined on Thursday, urging the White House to release additional details about the nearly $2 trillion package and the tax increases on the wealthy and well-off corporations that will finance it.

Senate Minority Leader Mitch McConnell ripped the Democrats for "doubling down" on the spending play amid "raging inflation" on "Kudlow."