Overall, the Republican tax bill, known as the One Big Beautiful Bill Act, would add $2.3 trillion to the deficit over 10 years, according to the CBO.

Despite a brief market scare, the richest 10 Americans got $365 billion richer over the past year, according to a new analysis from Oxfam.

House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a self-imposed deadline to approve the legislation by Thursday.

A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth from tariffs will offset that gain.

Providing bigger tax breaks to homeowners is a key component of a deal brokered by Republicans in the Texas Legislature to lower tax bills for Texans.

Oklahoma legislators are debating an income tax cut amid budget uncertainties. Despite financial unknowns, including potential federal funding cuts, some lawmakers support a 0.25% income tax reduction. Senate and House leaders are negotiating the budget ...

South Africa's government will have to cut expenditure substantially if the South African Revenue Service (SARS) does not meet its revenue target, Finance Minister Enoch Godongwana told Reuters on Thursday.

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.