Despite a brief market scare, the richest 10 Americans got $365 billion richer over the past year, according to a new analysis from Oxfam.

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and local taxes, or SALT. The deduction, now capped at $10,000, would rise to $40,000 for those with taxable incomes of less than $500,000.

The debate over whether NY's funding plan for the MTA represents a tax hike or cut is contentious among Democrats and Republicans.

It’s fair to say no one would be disappointed with a lower grocery bill. Starting July 1, that will be a reality for Mississippi families.

The money will now sit in state coffers as the state Senate next year is expected to work on a tax reform proposal already passed by the House and as states prepare for possible c

The Reserve Bank of India has been the sector’s most vocal critic, with one deputy governor in 2022 calling crypto “akin to Ponzi schemes”. In 2018, it ordered a ban on banking services to crypto companies, making it difficult for them to operate, although the prohibition was overturned two years later by the country’s Supreme Court.

Yields on government debt have risen as Congress weighs Trump’s budget plan. Meanwhile, interest on the debt is approaching $1 trillion a year – on par with proposed Defense spending.

Democratic leaders are cautiously optimistic about one popular tax-cutting idea: A $150-per-child tax credit, up to $450 per household.