Taxes

The White House is denying that the over $700 billion spending bill being pushed by Manchin breaks President Biden's pledge to not raise taxes on families making less than $400,000 a year.

Senate Democrats pushed back Monday against claims from Republicans that the Inflation Reduction Act would raise taxes on most Americans, saying the bill only impacted corporations.

A deal reached last week by Sens. Chuck Schumer, D-N.Y., and Joe Manchin, D-W.Va., will reportedly bring a net tax hike of 7.2% to the coal industry’s pretax income.

A billion-dollar Mega Millions jackpot ticket was claimed in Illinois in Friday's drawing. How much will the winner owe in taxes and how much will be taken home?

Small business groups criticized the deal between Sen. Joe Manchin, D-W.Va., and Senate Majority Leader Chuck Schumer, D-N.Y., saying it will only make inflation worse.

The tax, climate and health care proposal outlined by Democrats this week would close a popular tax loophole used by private equity and hedge fund managers.

Former NYSE chairman and CEO Dick Grasso urges Congress to start listening to middle America and spend wisely instead of spending to appease Wall Street.

Miami Mayor Francis Suarez discusses his plans to tackle inflation by lowering taxes for his residents as the country enters a technical recession.

Sens. Chuck Schumer and Joe Manchin rolled out a proposal this week that would raise an estimated $739 billion over the next decade for health care and climate change initiatives.

Colombian singer Shakira has turned down a deal offered by Spanish prosecutors and will go to trial on charges of tax fraud.

Americans for Tax Reform President Grover Norquist sounded off on state inflation relief checks, inflation and the White House's attempts to redefine 'recession.'

Here's a complete list of back-to-school sales tax holidays in the U.S. that cover school supplies, computers, clothing and more this year, according to the Federation of Tax Administrators.