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News

Senate, Trump and mega tax bill

USA TODAY on MSN · 4d
Trump tax and spending bill passes with Senate's generous SALT changes. Why this matters.
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save money, experts say.
The Wall Street Journal on MSN · 4d
Tax Cuts, Student Loans, Medicaid: What’s in the Senate GOP’s Megabill
The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income surpasses $75,000 per person, or $150,000 for joint filers. Then it phases out completely once income crosses $175,000 per person or $250,000 per couple.
Associated Press News on MSN · 6d
Senate passes Trump’s big tax and spending cuts bill as Vance breaks a 50-50 tie
Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax breaks and spending cuts.
6don MSN
Senate removes excise tax on renewable energy industry from Trump domestic policy bill
The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.
6don MSN
Senate Republican tax bill passes ‘SALT' deduction cap of $40,000. Here's who benefits
Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

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