taxfoundation.org

1 week ago | taxfoundation.org | Garrett Watson |Huaqun Li |Erica York |Alex Muresianu

The Senate Finance Committee introduced its reconciliation taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. legislation on June 16, 2025, addressing the expirations of the 2017 Tax Cuts and Jobs Act (TCJA) and making additional changes to US tax policy and spending.

1 month ago | taxfoundation.org | Alex Muresianu

The House’s taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. reform plan chooses flashy cuts over pro-growth alternatives. The House of Representatives just passed President Trump’s “One Big Beautiful Bill,” marking a critical step in the Republican tax agenda.

1 month ago | taxfoundation.org | Kyle Hulehan

Experts provide context surrounding the One Big Beautiful Bill pros and cons, including the good, the bad, and the ugly policy changes.

1 month ago | taxfoundation.org | Milly Higgs

The "Big Beautiful Bill" changes pass-through business taxes, including the 199a deduction (QBI deduction) and the SALT deduction cap.

1 month ago | taxfoundation.org | Milly Higgs

Experts share five things to know about the House GOP's approach to the IRA clean energy tax credits, specifically in the Ways & Means bill.