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Carney Delays Canada Budget, Plans to Cut Income Tax by July
Canada will cut the lowest personal income tax rate to 14% from 15% on July 1, but Prime Minister Mark Carney’s new government won’t release a budget before the summer months.
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Congressional committees start work on massive GOP package to extend 2017 tax cuts
The package of bills seeks to pay for the extended tax cuts by making controversial reductions to entitlement programs and food aid.
Clean tech investments slow as Republicans look to cut crucial tax credits
Analysis of the Republican bill's cuts to clean energy tax credits predicts a sharp drop in clean energy and EV sales and rising energy costs and emissions.
Tax committee passes its portion of Trump agenda bill as other panels grapple with Medicaid cuts, SNAP benefits
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.
Trump-backed tax bill would expand child tax credit, establish ‘MAGA accounts’ for kids
An expansion of the child tax credit and new “MAGA savings accounts” for children are among the proposals in President Donald Trump’s budget.
Republican tax bill would add $3.7 trillion to the national deficit: JCT
The tax portion of Republicans’ wide-ranging bill full of President Trump’s domestic priorities would cost $3.7 trillion over the next decade, the Joint Committee on Taxation (JCT)
GOP’s ‘One Big Beautiful’ bill proposes Medicaid cuts, increase in child credit and tax breaks for tips and overtime
The House Ways and Means Committee will meet Tuesday to consider the plan. Here's what's currently included for individuals.
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