An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a ...

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The post There Are Better Ways To Help Restaurant Workers Than No Tax on Tips appeared first on Reason.com.

EDITOR: “The rule of law.” Donald Trump and Attorney General Pam Bondi voiced that phrase to validate deportation policies.

Much has been made of Trump’s lock-step mastery of Congress, but House and Senate leaders still set the boundaries.

People are concerned over changes to gambling deductions and new taxes passed by Congress in the Big Beautiful Bill.

President Donald Trump signed his landmark tax and spending cuts bill into law on July 4, notching the first major legislative achievement of his second term.

In the past week, President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath.