Here’s what to know about the controversial tax break. A generous SALT deduction could face stiff resistance in the Senate Last Updated: May 21, 2025 at 1:52 p.m. ET First Published: May 21 ...

We came across a bullish thesis on Kohl’s Corporation (KSS) by Hot_pressure_461 on r/valueinvesting on Reddit. In this article, we will summarize the bulls’ thesis on KSS.

The GOP’s plan to eliminate taxes on tips masquerades as help for service workers, ... “It seems like the ‘game’ here is to make corporate bonuses tax free by classifying them as tips.” ...

That’s how much you would save if Trump eliminated income taxes. The only way you’ll get ahead on the proposal is if you don’t have to pay more than that $25,500 on any extra sales tax or ...

This would no longer apply after businesses earn $500,000 or more. Furthermore, the bill would increase a tax break from pass-through businesses to 23 percent. This qualified business ...

MINOT, NORTH DAKOTA — Voters in Minot have narrowly rejected a proposal to raise the city’s sales tax to support the Minot Park District.In Tuesday’s special election, 954 residents voted in favor of ...

S Corp Tax Saving Tips. An S corporation takes specific tax elections recognized by the Internal Revenue Service. Under this structure, an organization passes its revenue and losses to its ...

James Bickerton is a Newsweek U.S. News reporter based in London, U.K. His focus is on covering news and politics in Texas, as well as other general news across the United States. James joined ...

SPRINGFIELD — Illinois lawmakers approved a $55.2 billion state budget package minutes ahead of a key constitutional deadline Saturday night, relying on tax hikes that would hit smokers ...

10.9 million people would lose health insurance under Trump’s tax cut bill, CBO projects. Medicaid cuts, Obamacare reforms contribute to savings that pay for lower taxes.

WASHINGTON (AP) — Elon Musk blasted President Donald Trump’s “big, beautiful bill” of tax breaks and spending cuts as a “disgusting abomination” on Tuesday, testing the limits of his political ...

Johnson urges state lawmakers to tax the 'ultra rich' to avert mass transit cuts “You all know my position. The ultra-rich continue to get away with not having to put more skin in the game ...