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News

Trump, Senate and mega tax bill

USA TODAY on MSN · 3d
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 · 3d
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.
CBS News on MSN · 5d
Senate version of Trump's "big, beautiful bill" would pummel renewable energy industry with new tax
The GOP Senate version of the "big, beautiful bill" would raise the cost of wind and solar projects by 10% to 20%, one energy group estimated.
5don 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.
5don MSN
Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

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