Taxes

President Donald Trump promised Americans "the largest tax cut in our country's history."

Congressional leadership met at least two dozen Republican lawmakers from New York, New Jersey and California on Thursday to discuss the state and local tax deduction.

U.S. National Economic Director Gary Cohn said on Friday that while the Trump administration is open to negotiating the specific terms of tax reform, it won’t budge on two items: a middle-class tax cut and a corporate tax cut.

The House has passed a $4.1 trillion budget plan that promises deep cuts to social programs while paving the way for Republicans to rewrite the tax code later this year.

President Donald Trump will host a roundtable with American manufacturers on Friday, where he is expected to continue advocating for the GOP’s tax reform effort as Congress takes its first steps toward advancing the overhaul.

The Trump administration's plans to slash corporate taxes and make other business-friendly changes to the nation's tax laws have helped lift U.S. stocks in recent weeks.

The House on Thursday passed a $4.1 trillion budget plan that promises deep cuts to social programs while paving the way for a GOP drive to rewrite the tax code later this year.

Council of Economic Advisers chair Kevin Hassett lashed out at the nonpartisan Tax Policy Center (TPC) on Thursday for their report on the Republican tax plan, FOX Business has learned.

Alaska will pay each of its residents $1,100 from its oil wealth investment fund Thursday.

Congressional Republicans on Wednesday kicked off debate on House and Senate budget plans that promise slashing cuts to social programs — but whose real purpose is to grease the skids for a sweeping overhaul of the U.S. tax code that would add up to $1.5 trillion to the nation's spiraling debt.

As President Donald Trump and Republican congressional leaders tout their tax reform plan, Sen. Mike Lee (R-Utah), told FOX Business what he's hoping to see in the final legislative text.

The European Union is telling member state Luxembourg to get $295 million in back taxes from Amazon in Brussels' latest regulatory move targeting U.S. tech companies accused of tax avoidance.

Voters in some parts of Alaska are deciding whether to ban commercial marijuana cultivation and retail sales, three years after the nation's largest state passed a voter initiative legalizing the recreational use of the drug.

House Republicans are looking at giving homeowners a choice between taking the deduction for local property taxes or the one for mortgage interest.