News

Grinnell College braced for a huge tax hike under GOP bill. Instead, it'll get a tax cut
Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in ...
Chicago’s safety net hospitals face potential service cuts, layoffs after signing of ‘big, beautiful’ tax bill
Illinois stands to lose about $48 billion in federal funding for Medicaid over 10 years, according to KFF, a nonprofit ...
The TCJA: Key Facts on the Tax Cuts and What's Extended for 2025
How many of the extended TCJA provisions in the so-called 'One Big Beautiful Bill' (OBBB) will impact your wallet?
From no tax on tips, overtime to Medicaid cuts. When everything in the 'big, beautiful' bill starts
Trump has signed the "big, beautiful" bill, enacting sweeping changes to programs like SNAP and Medicaid. Here's what ...
Why Congress’s Effort To Make Corporate Tax Cuts Permanent May Be Futile
The declared lifespan of tax changes may not mean what you think. Lawmakers repeatedly extend temporary tax breaks. And they ...
Republicans muscle Trump's sweeping tax-cut and spending bill through Congress
Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people ...
To fix budget, Miami-Dade mayor floats higher gas tax, cuts to charities and parks
The budget proposal doesn’t become public until next week. But details of the mayor’s briefings to Miami-Dade commissioners ...
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Missouri Governor Kehoe Signs Sweeping Tax Cuts and Pro-Business Legislation to Boost State Economy
Governor Mike Kehoe signs tax cuts and pro-business laws in Missouri, including setting a $15 minimum wage and tax deductions ...
Jannik Sinner Wins Wimbledon’s $4 Million Prize—But Taxes Will Cut That In Half. Here’s Why.
The Grand Slam’s winners will pay at least $2.9 million in combined taxes, though the runners-up will also pay hefty fees.