The current gap between US federal spending and tax revenue is larger than ever outside of major war or crisis. Federal spending is significantly higher than the historical norm, while revenue remains ...

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what ...

With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.

President Donald Trump has repeatedly threatened to dramatically expand tariffs. It’s a move that could affect trillions of ...

The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy ...

The gap between US federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because spending ...