Council tax is set to rise by hundreds of pounds per household over the coming years. Local authorities are allowed to raise the tax by up to 5% each year, with any higher increases only permitted ...

The truth is that taxpayers at lower income levels are some of the biggest winners of the tax provisions in the reconciliation bill, to say nothing of the energy, education, and other policy reforms.

Lawmakers pushed through for debate the president’s massive tax and immigration bill, but hurdles remain before GOP leaders can get the Senate bill passed and sent to the House.

President Donald Trump signed a bill that includes a tax deduction for seniors, but not the elimination of taxes on Social Security benefits. The deduction is temporary, lasting only through 2028 ...

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations, setting up a fresh round of deal-making as Republicans seek to convince ...

"Even using the math—even using the formulas—that the supporters of the bill like, the deficit will still grow by $270 billion next year," says Sen. Rand Paul.

Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse off,' per a new analysis.

A provision in the tax and spending bill passed Thursday in the U.S. House could quadruple a key tax deduction for property owners.

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