tax cuts, Beautiful Bill
Digest more
37m
Money Talks News on MSNThe 2026 Tax Cuts: How Much Could You Really Save?According to the Tax Policy Center, the average household is expected to save approximately $2,900 under the new law in 2026. But as with most tax policy, the averages don’t tell the whole story.
About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated Press-NORC Center for Public Affairs Research. Most — about 6 in 10 — think it will do more to hurt than help low-income people. About half say it will do more harm than good for middle-class people and people like them.
1h
East Idaho News on MSNHow Congress’s megabill will impact Idaho: Cuts to taxes, Medicaid, SNAP and moreThe Medicaid cuts recently approved by Congress and President Donald Trump could force states into difficult decisions, health policy experts say. Part of several major changes to Medicaid, the bill caps how much states can tax health care providers,
The declared lifespan of tax changes may not mean what you think. Lawmakers repeatedly extend temporary tax breaks. And they rewrite permanent provisions almost as often
The law that President Trump signed on July 4 ending tax incentives for wind and solar projects is expected to drive up electricity bills across the U.S., with some of the sharpest increases in Republican-led states, according to Energy Innovation, a nonpartisan think tank.
Explore more
Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people would effectively see their incomes drop.
The tax benefit, which revives a provision of the 2017 tax cuts, only applies to business jets, not jets used for personal use.
Lieutenant Governor Burt Jones announced on Thursday the creation of the Georgia Senate Committee on eliminating the state’s income tax. The senate’s special committee will commence later this summer and will be led by Sen.