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Trump signs sweeping tax and spending bill into law
In a speech from the White House balcony facing the South Lawn, Trump thanked Republican lawmakers who helped usher the bill to his desk. He touted the tax cuts in the bill, brushing aside criticism of the impact to social programmes such as food assistance and Medicaid.
A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...
President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...
A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...
A new Trump-backed budget law allows tipped workers to deduct up to $25,000 in tips and $12,500 in overtime, offering ...
Tesla founder Elon Musk reiterated his proposal for the United States to establish a new political party called the “America ...
The Social Security Administration this week sent out an email to many Americans celebrating the passage of President Donald ...
Washington state leaders are upset that the federal spending bill phases out clean energy tax credits for things like heat pumps and solar.
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