Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings ...

Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

Hakeem Jeffries said the gathering at Xavier University in New Orleans was the first stop on a nationwide tour to highlight ...

Under the new law, gamblers will be allowed to deduct just 90% of their losses from their income taxes starting in 2026.

Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...

Republicans passed a massive package of tax cuts that is projected to explode the national debt by $4 trillion to $6 trillion ...

Gov. Josh Green says he’s found a windfall in the controversial Republican tax and spending bill, although he still says it ...

Democratic Congresswoman Sarah McBride slams Republicans’ framing of deep cuts to the social safety net—and why she says the ...

The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...

Gov. Mike DeWine named his co-chairmen of a property tax reform working group, but his fellow Republicans in the state ...

The GOP tax bill stands to deliver a $170 billion windfall to turbocharge immigrant detentions and deportations. But public ...