The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

The multitrillion-dollar GOP tax bill would have detrimental impacts on sustainability efforts in the U.S., according to experts.

The passage of the Republicans' tax cut bill in the House and what happens next - with ramifications for multinational corporations, clean-energy companies like First Solar, and wireless carriers such as AT&T,

Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.

The spending bill passed by the U.S. House increases a tax the richest private universities pay on their endowment investment gains, a move proponents say reins in "woke" schools but that critics say will wind up hurting the poorest students the most.

Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President Donald Trump’s sprawling, multi-trillion-dollar tax and spending package.

The cost for a 30-year fixed-rate mortgage crept up to levels not seen since February, reflecting bond market fears over Trump’s plan to pay for tax cuts with an estimated $3.8 trillion in new debt. “Trump and Republicans are directly responsible for the spike in the 30-year Treasury bond yield and mortgage rates,

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.