President Donald Trump and congressional Republicans are promising that their sweeping tax and spending cuts package will usher in an era of historic economic growth.

Nixing federal income taxes on overtime and tipped income was one of the president's top policy promises during his 2024 election campaign.

Republicans want to let businesses use a little-known tax credit to pay insurance companies to cover their workers’ leave.

(Reuters) -Shares of U.S. solar energy companies tumbled in extended trade on Monday after Republicans who control the U.S. Senate Finance Committee unveiled changes to President Donald Trump's sweeping tax-cut and spending bill that would phase out solar, wind and energy tax credits by 2028.

Kris Cox: The bill overall takes food assistance and health care coverage away from people with low and middle incomes, and that is extremely damaging.

Shorter tax credit deadlines proposed in Trump's tax bill would derail swathes of green hydrogen projects and severely curb hydrogen investment in the United States, industry experts warn.

Texas Governor Greg Abbott is expected to sign new legislation offering property tax relief to homeowners in the state struggling with rising bills, on Monday. If endorsed by voters in November, the measures pushed forward by the GOP-led Texas legislature would significantly lower the cost of homeownership for millions of Lone Star State residents,

Business lobbyists are working to kill a measure in the Republican tax policy legislation that would punish companies based in countries that try to collect new taxes from American firms.