The federal government collected $7.2 billion from taxes on retirement annuities of railroad workers in fiscal year 2023.

Republican presidential nominee Donald Trump recently proposed cutting the current 21 percent corporate tax rate to 15 percent for companies that do not outsource, offshore, or replace American ...

Congress is back with a big to-do list. But, as TaxNotes reports (paywall), Congress will be in session together for only 13 days, increasing pressure to pass a continuing resolution before federal ...

Many families find child care expensive and difficult to access . Senators Tim Kaine (D-VA) and Katie Britt (R-AL) have ...

The American Rescue Plan Act of 2021 (ARP) temporarily expanded the so-called “childless” EITC, or the earned income tax credit for workers without children at home. The maximum credit for these ...

Harris’s proposed newborn tax credit could be worthwhile with sound administration. TPC’s Margot Crandall-Hollick examines a proposal by Democratic presidential nominee Kamala Harris. As part of ...

Harris’s proposed newborn tax credit could be worthwhile with sound administration.

Democratic presidential nominee Kamala Harris has vowed to make permanent temporary expansions to the child tax credit (CTC) and earned income tax credit (EITC) ...

The Tax Cuts and Jobs Act (TCJA) of 2017 made sweeping changes to individual and corporate taxation including cutting the corporate rate from 35 percent ...

GOP presidential candidate Donald Trump is making inflation-fighting a key policy plank in his campaign. The problem: Many of ...

Democratic presidential nominee Kamala Harris confirms support of Biden’s tax proposals. The New York Times reports on Harris supporting tax increases laid out in Biden’s budget plans, which would ...