The biggest open question is how to address the SALT deduction. The bill calls for increasing the $10,000 cap on SALT to $30,000, with a phaseout for most filers making more than $400,000 ...

The tax plan that cleared Ways and Means early Wednesday would cut rates to the tune of $3.6 billion for the bottom 20% of American income earners, $24.4 billion to the quintile above that, $49.6 ...

A group of five House Republicans says it will vote against the GOP’s tax and spending bill over provisions in the Senate version that would mandate the sale of land owned by the federal ...

After nearly seven hours of a stalemate on the floor, House Republicans plan to move forward with the rule vote shortly to advance Trump’s megabill. Full attendance is expected in the House.

The House Ways and Means Committee approved a bill that includes trillions in new tax cuts for corporations, households, and small businesses on a party-line vote. The bill would permanently ...