The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the richest fifth of Americans would receive two-thirds of the tax cuts. The richest 5 percent alone would receive a little less than half of the net tax cuts that year.

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been amended by the Rules Committee, and it now goes to the Senate for consideration.

Republican deficit hawks allowed President Trump’s bill of legislative priorities to advance out of the House Budget Committee in an unusual late-night vote on Sunday, marking a key hurdle cleared for House GOP leaders and a sign of progress for warring Republican factions After gaveling in after 10 p.

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

Sen. Todd Young (R-IN) joined the Washington Examiner for an exclusive interview to discuss the expiration of the Trump Tax Cuts and Jobs Act and SALT provisions.

Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently passed by the House of Representatives would apply new or stricter limits for immigrant tax filers to 10 additional areas of the tax code.

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Trump’s ‘big, beautiful bill’ heads for next House hurdle

The House GOP mega budget bill has an unusual provision – it repeals taxes on gun silencers. The GOP and President Donald Trump’s mega bill largely seeks to cut taxes and spending on healthcare. Eliminating the tax on gun silencers is an unusual addition that surprised many observers.

President Trump’s tax plan has sparked concern among investors, driving Treasury bond yields to a nearly two decade high amid growing worries over U.S. debt.

This is a joke on taxpayers, and it should end. The credit union loophole is a dinosaur of 20th century tax policy and makes no sense in the modern financial services landscape. It should be repealed and used to help pay for permanent, pro-growth tax reform that helps everyone, not just a narrow special interest group.