Tag Archives: Tax

Trump ends international tax loophole: What it means for consumers, businesses  Axios Trump ends de minimis exemption for global low-cost goods  CNBC US ends tariff exemption for all low-value packages  Reuters FedEx and UPS Shares Fall After White House Sets End Date for ‘De Minimis’ Rule  The Wall Street Journal Trump closes key trade loophole, impacting Shein, Temu orders  USA Today Source link

Colorado lawmakers must cut about $1 billion from the state budget for the current fiscal year, which began July 1, to address tax revenue reductions caused by the federal spending bill passed by Republicans in Congress earlier this month.  Nonpartisan Legislative Council Staff and the Governor’s Office of State Planning and Budgeting told top state legislators Wednesday that the so-called …

Joel Friedman, 71, wants nothing more than to sell the house he’s called home for more than 30 years. The five-bedroom, 5,000-square-foot southern California home is too big for Friedman and his wife, Kathryn, who are retired empty-nesters. They’re eager to downsize to a smaller, single-story house in a 55+ community where they won’t have to worry about endless yard …

Republicans Begin Effort to Sell Tax Law in Trump Policy Bill to Las Vegas Voters  The New York Times House Ways and Means Committee Holds a Field Hearing on the Republican Tax and Spending Bill  C-SPAN Congressional Republicans hail ‘big beautiful bill’ in Las Vegas hearing; Democrats skeptical  Las Vegas Review-Journal Vegas Workers Laud Tax Breaks On Tips, OT At Hearing  Law360 Showtime in …

WASHINGTON — Some top Republicans are regretting that they inserted a tax hike on gamblers into President Donald Trump’s megabill, with several lawmakers who supported the legislation now calling for rolling back that policy. Rep. Jason Smith, R-Mo., the chair of the tax-writing House Ways and Means Committee, told NBC News that the provision was a “mistake” and needs to …

Audio recording is automated for accessibility. Humans wrote and edited the story. See our AI policy, and give us feedback. Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. Economists expect that the development of solar and wind farms nationwide will slow and electricity prices will rise …

What Trump’s New Tax Law Means for Upper-Middle-Class Families in 2025  GOBankingRates Republican tax law leaves experts searching for words  Politico How Republicans Supersized Silicon Valley’s Favorite Tax Break  The New York Times Here’s exactly how much you’ll save on your 2026 taxes, by income bracket: Trump’s One Big Beautiful Bill benefits  Fast Company Dave Ramsey Weighs In on Trump’s Big Beautiful Bill: ‘It …

CNN  —  In comments to the press on Tuesday, President Donald Trump suggested he is considering eliminating capital gains taxes on the sale of homes. “We are thinking about … no tax on capital gains on houses,” Trump said. Soon afterwards, Rep. Marjorie Taylor Greene of Georgia posted her thanks to him on X for what she interpreted to be …

AT&T delivers a big subscriber beat, while detailing its plan for tax savings  MarketWatch AT&T’s bundled plans spur subscriber surge, tax savings to fund fiber expansion  Yahoo Finance AT&T Promotions Deliver Surge in Second-Quarter Phone Customers  Bloomberg AT&T Earnings Are Up Next. Verizon’s Results Bode Well.  Barron’s AT&T Adds Wireless and Home-Internet Subscribers, Accelerates Fiber Buildout  The Wall Street Journal Source link

White House On Board With Capital Gains Tax Break for Homeowners, Says Trump From Oval Office  Realtor.com Trump says he’s considering a new tax break. Here’s how it could impact the housing market.  USA Today Trump Weighing Effort to Remove Capital Gains Tax on Home Sales  Yahoo Finance Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know  Forbes Trump Looking …