About two-thirds of U.S. adults expect the new tax law will help the rich. Most — about 6 in 10 — think it will do more to hurt than help low-income people.

Republican elected officials are promoting their recently passed tax and spending bill as a win for working Americans, but a ...

Long, who once advocated for abolishing the IRS, takes over an agency struggling with staffing cuts and leadership turnover.

Former Missouri congressman Billy Long will be ceremonially sworn in as commissioner of the Internal Revenue Service on ...

Atlanta is proposing increasing the fees businesses pay the city each year to operate for the first time since 1999, a move leaders say will help combat inflation and rising administrative costs ...

The post Scott Bessent Takes Premature Victory Lap on Tariff Revenues appeared first on Reason.com.

The Medicaid cuts recently approved by Congress and President Donald Trump could force states into difficult decisions, ...

Under Trump’s “big beautiful bill,” children born in 2025 through 2028 will receive a $1,000 deposit into a Trump account.

The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an ...

President Trump’s new domestic policy law includes tax cuts angled toward the highest-income Americans and spending cuts that ...

President Trump boasted this week that his tariffs are raising "a fortune" for the U.S. government. Tariffs could also raise prices for the back-to-school and Christmas shopping seasons.