It’s important to understand how the marginal tax rate — and tax brackets in general — work, because your income isn’t taxed at one single rate. What’s more, by claiming all applicable ...

So, if you make $50,000, your income wouldn’t be taxed at one rate; instead, it would be taxed progressively. You’d pay 10% on the first $10,000, 12% on the next $30,000, and 22% on the ...

Senate Finance Committee Chair Mike Crapo released the Senate’s long-awaited version of President Donald Trump’s agenda, including provisions on Medicaid, taxes and renewable-energy tax credits.

Senate Finance Committee Chair Mike Crapo (R-Idaho) on Monday released the Senate’s long-awaited version of President Trump’s tax agenda, which would make the 2017 corporate tax cuts permanent ...

Part of the massive domestic policy bill currently moving through Congress known as the “Big Beautiful Bill,” includes an unprecedented $5 billion national school voucher program. Republicans ...

California News Newsom suggests withholding California’s share of federal tax dollars over potential grant cuts by: Iman Palm Posted: Jun 6, 2025 / 03:52 PM PDT Updated: Jun 6, 2025 / 05:10 PM PDT ...

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed.

The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or ...

Will We Get a More Moderate Endowment Tax? The Senate’s proposal is less onerous than the House’s. Here’s how much it could cost your college.

Why on Earth Should Air Traffic Controllers Be Pro-Trump? June 6, 2025 Photo-illustration by Sam Whitney/The New York Times Listen to this article · 6:12 min Learn more Share full article 523 ...

That’s because of a statute with the federal government. The child care center needs to enroll at least 50% of families with one parent with a federal job.