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The Latest Breaking News from the Tax Policy Center

4 Themes of Trump’s First Year of His Second Term — And What They Meant for Your Money

Here are four overriding financial themes from President Donald Trump's first year back in office and what they mean for many Americans.

GOBankingRates · Mar 15

This Group Will Likely Benefit the Most From Tax Breaks in 2026

The passage of the OBBBA made Trump's tax break promises a reality. While many taxpayers will realize benefits, one group is more likely do so more than others.

GOBankingRates · Feb 4

Three Critical Tax Changes Could Boost Your Paycheck in 2026

The IRS predicts these tax breaks may change take-home pay in 2026. Will you get over $1,000 in tax savings?

Kiplinger · Oct 23, 2025

From analysis to the latest developments in health,
read the most diverse news in one place.

3 Popular Tax Breaks Are Gone for Good in 2026

Here's a list of federal tax deductions and credits that you can't claim in the 2026 tax year. High-income earners could also get hit by a "surprise" tax bill.

Kiplinger · Sep 30, 2025

Trump warns of 68% tax hike if budget bill fails. Not true, say experts

Think tanks say the tax might rise by 7.5 percent if the ‘Big Beautiful Bill’ does not pass, rejecting Trump’s claims.

Al Jazeera · Jun 11, 2025

Explaining Trump’s claim of a ‘68 percent’ tax increase - Roll Call

One think tank estimates that, on average, Americans’ taxes would rise about 7.5 percent if the 2017 tax cuts are allowed to fully expire.

Roll Call · Jun 6, 2025

Big GOP Tax Bill Could Change Your Estate Planning for 2025

The GOP extended and increased the higher gift and estate tax exemption and affected AMT thresholds. What might this mean for your estate plan?

Kiplinger · May 21, 2025

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Here's How the Child Tax Credit 2025 Amount Will Increase Under Trump

President Trump’s ‘One Big, Beautiful Bill’ changes the federal child tax credit. Here's how.

Kiplinger · May 13, 2025

Can Tariffs Make Childcare Affordable?

President-elect Trump suggested tariffs can address the childcare crisis, but economists are doubtful.

Kiplinger · Dec 10, 2024

Trump Tariff Plan: Which States Would Be Hit the Hardest?

Donald Trump's tariff policy would substantially increase prices in as many as 20 states.

Kiplinger · Oct 28, 2024

The TCJA: Key Facts on the 2017 'Trump Tax Cuts'

How did TCJA provisions impact your wallet?

Kiplinger · Sep 20, 2024

Fact-checking Day 4 of the Democratic National Convention - Roll Call

The Democratic convention wrapped up with Vice President Kamala Harris’ speech accepting the party’s nomination for president. She made some misleading or unsupported claims about her opponent.

Roll Call · Aug 23, 2024

Fact-checking Day 2 of the Democratic National Convention - Roll Call

Fact checking the second night of the 2024 Democratic National Convention

Roll Call · Aug 21, 2024

What's Wrong With Trump's Pledge to End Taxes on Social Security Benefits

Eliminating taxes on Social Security benefits could impact your finances. Here's what you need to know.

Kiplinger · Aug 12, 2024

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Tribune News Service · Apr 13, 2023

States feel budget pinch amid darkening revenue projections

After two years of record tax collections, budget writers in some states are starting to feel a revenue pinch created by a slumping stock market, banking and tech layoffs, slower consumer spending and lower energy prices.

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