The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...

President Trump is returning from a Middle East trip where he was feted by foreign leaders to find his legislative agenda on ...

A federal deduction that could help affluent filers in high-tax states is once again up for debate.

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

During the marathon Ways and Means Committee meeting scrutinizing the new Republican tax bill, Rep. John Larson (D-Conn.) ...

Rep. Chip Roy (R-Texas) huddled with White House officials and Office of Management and Budget Director Russ Vought on Saturday to voice those concerns — but didn’t commit to backing ...