The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The court rejected a religious charter school, but conservatives may get much of what they want in a school voucher program that passed the House this week.

Republicans in Congress are trying to pass a new tax and spending bill that may end up being a “big, beautiful bill” – but mostly for wealthy Americans.

Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently ...

The sprawling tax and spending bill before the House of Representatives would cut more than $200 billion from food assistance ...

“It’s about three times as generous as what you’re gonna get from donating to a children’s hospital or a veteran’s group or any other cause,” says Carl Davis at the Institute on Taxation and Economic ...

Under current law, families need upward of $30,000 a year to receive the full tax credit amount, explains Joe Hughes, senior analyst at the Institute on Taxation and Economic Policy.

The result would be a profitable tax shelter for wealthy people who agree to help funnel public funds into private schools,” Amy Hanauer, the institute’s executive director, said in the webinar. “That ...

It’s not surprising that this bill was written behind closed doors and rushed through in the night before Americans had a chance to see what it contains,” Amy Hanauer, executive director of the ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

If Congress extends the 2017 tax cuts as planned, by itself this would yield the top 5 percent of households in DC an average annual tax cut of up to $36,000, depending on how much the cap on deductio ...

Select a state by clicking on the map or choosing one from the dropdown. Click on your state for details. Forty-four states’ tax systems exacerbate income inequality. When the lowest-income households ...