Tax Cuts and Jobs Act expired on Dec. 31, 2024. Data show the cuts hurt Black Americans and worsened income inequality.

Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House

The GOP will attempt to pass one massive legislative package including tax cuts, border security and other priorities, putting lawmakers up against a high-stakes deadline.

Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to eventually eliminate the tax. At the same time, the GOP proposal would give the General Assembly the power to impose sales taxes on an array of previously untaxed services – everything from massages to furnace maintenance.

Republican state lawmakers said they are prepared to offer solutions to solve the state budget crisis but vowed to oppose tax increases.

The two Steves (Forbes and Moore) pressed again for the flat tax in a New Year’s Eve Wall Street Journal editorial. While their arguments are sound, the title said it all: “Trump’s Tax Cuts Were Good. A Flat Tax Would Be Better.” While the flat tax would be far better than current law, we can do better still.

A faction of President-elect Donald Trump’s allies is harboring doubts about Republicans’ chances of passing a sweeping tax bill in 2025 amid party infighting and strategy disputes.

Republicans are divided on a strategy to move the Trump administration’s agenda, and some want more input from President-elect Donald Trump, while others are fine to hash it out on their own.