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Trump Bill Would Raise Estate Tax Exemption to $15 Million
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The analysis comes as Trump pushes Congress to send the final product to his desk to become law by Fourth of July.
Republican leaders are aiming for quick negotiations over needed changes to the newly unveiled Senate tax bill which lacks the votes to secure majorities in both chambers as written.
Nixing federal income taxes on overtime and tipped income was one of the president's top policy promises during his 2024 election campaign.
Tax credits for crucial clean energy and home energy efficiency projects would be phased out, albeit less quickly.
Energy equity investors are adjusting positions across the U.S. power sector in an attempt to pick winners and cut losers ahead of the final passing of President Donald Trump's tax-and-spending bill.
A poll found 64% of Americans have an unfavorable view of Trump's proposed tax bill that passed the House in May and is being revised in the Senate
William Ford Jr., the current executive chairman of Ford Motor Company and great-grandson of Henry Ford, says President Trump’s threat of tariffs is weighing heavily on the company. He spoke with NBC News’ Tom Costello about impact of tariffs and the first Ford ever made,
Cuts to Medicaid and anti-poverty programs wipe out gains low-income households could see from policies like no taxes on tips and overtime, nonpartisan estimates show.
A U.S. Senate panel proposed making the tax credit for capturing carbon emissions for recovering oil equal to the $85/metric ton tax credit for permanently burying those emissions underground, a boon for oil and gas producers.
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