President Donald Trump’s tax cut wish list would cost would the federal government between $5 trillion and $11.2 trillion in ...

The current gap between US federal spending and tax revenue is larger than ever outside of major war or crisis. Federal spending is significantly higher than the historical norm, while revenue remains ...

Republicans readily admit the revenue loss from their tax proposals will be far larger than the spending cuts they’re envisioning.

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

Kentucky Gov. Andy Beshear signed a bill into law which will reduce the personal income tax for millions of Kentuckians.

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

It’s vital for Congress to pair pro-growth tax cuts with pro-growth spending reforms. The federal budget itself needs a ...

The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...

That bill, which passed out of the Mississippi House on January 17 and now awaits consideration in the Senate, cuts the state income tax rate from 4% to 3% this year ... s time for us to be ...

The gap between US federal spending and tax revenue is currently ... would seem to back him up: Federal revenue, at 17.1% of GDP during the last fiscal year, was at just about the post-World ...