Showing 1 to 8 of 8 results
OBBA Significantly Increases US Federal Estate Tax Exemption
The "One Big Beautiful Act" raises the US federal estate tax exemption to \$13.99 million per person in 2025, rising to \$15 million in 2026 and adjusted for inflation annually, reducing federal revenue by nearly \$212 billion over the next decade while the tax rate structure remains unchanged.
OBBA Significantly Increases US Federal Estate Tax Exemption
The "One Big Beautiful Act" raises the US federal estate tax exemption to \$13.99 million per person in 2025, rising to \$15 million in 2026 and adjusted for inflation annually, reducing federal revenue by nearly \$212 billion over the next decade while the tax rate structure remains unchanged.
Progress
40% Bias Score
New Tax Law Offers Auto Loan Interest Deduction
President Trump's new tax law introduces a tax deduction of up to \$10,000 for interest on new, American-made vehicle loans from 2025-2028, impacting an estimated 3.5 million taxpayers, but phasing out for higher income individuals.
New Tax Law Offers Auto Loan Interest Deduction
President Trump's new tax law introduces a tax deduction of up to \$10,000 for interest on new, American-made vehicle loans from 2025-2028, impacting an estimated 3.5 million taxpayers, but phasing out for higher income individuals.
Progress
36% Bias Score
Republican Tax Proposals: Medicaid Cuts Offset Extensive Tax Cuts
House and Senate Republicans propose extending the 2017 tax cuts, with the House plan including substantial Medicaid cuts totaling $880 billion over 10 years to offset the cost, potentially impacting 8.6 million people's health coverage, while the Senate's plan is more fiscally restrained.
Republican Tax Proposals: Medicaid Cuts Offset Extensive Tax Cuts
House and Senate Republicans propose extending the 2017 tax cuts, with the House plan including substantial Medicaid cuts totaling $880 billion over 10 years to offset the cost, potentially impacting 8.6 million people's health coverage, while the Senate's plan is more fiscally restrained.
Progress
44% Bias Score
Expiring Tax Provisions of 2017 TCJA Prompt Major 2025 Tax Debate
The 2017 Tax Cuts and Jobs Act (TCJA) introduced significant tax changes, many of which are set to expire at the end of 2025, causing uncertainty for taxpayers and prompting a major tax policy debate with potential $4.6 trillion costs over 10 years for full extension.
Expiring Tax Provisions of 2017 TCJA Prompt Major 2025 Tax Debate
The 2017 Tax Cuts and Jobs Act (TCJA) introduced significant tax changes, many of which are set to expire at the end of 2025, causing uncertainty for taxpayers and prompting a major tax policy debate with potential $4.6 trillion costs over 10 years for full extension.
Progress
40% Bias Score
OBBA Significantly Raises US Federal Estate Tax Exemption
The One Big Beautiful Act (OBBA) raises the US federal estate tax exemption to $15 million per person in 2026 (indexed annually), impacting a small percentage of estates but reducing federal revenue by $212 billion over a decade, while 12 states and the District of Columbia also have their own estat...
OBBA Significantly Raises US Federal Estate Tax Exemption
The One Big Beautiful Act (OBBA) raises the US federal estate tax exemption to $15 million per person in 2026 (indexed annually), impacting a small percentage of estates but reducing federal revenue by $212 billion over a decade, while 12 states and the District of Columbia also have their own estat...
Progress
44% Bias Score
SALT Deduction Phaseout Creates Unexpected Tax Hike for High Earners
President Trump's revised SALT deduction includes a temporary increase to \$40,000 in 2029, phasing out at 30% above \$500,000 MAGI, reaching \$10,000 at \$600,000, creating a higher effective tax rate for those between these thresholds, potentially reaching 45.5%.
SALT Deduction Phaseout Creates Unexpected Tax Hike for High Earners
President Trump's revised SALT deduction includes a temporary increase to \$40,000 in 2029, phasing out at 30% above \$500,000 MAGI, reaching \$10,000 at \$600,000, creating a higher effective tax rate for those between these thresholds, potentially reaching 45.5%.
Progress
32% Bias Score
U.S. House Tax Reform Proposals: Implications for Americans Abroad and Businesses
A leaked memorandum reveals potential U.S. tax reforms including increasing the Foreign Earned Income Exclusion or eliminating U.S. taxes on foreign-earned income and lowering the corporate tax rate to 15%, impacting Americans abroad and multinational businesses.
U.S. House Tax Reform Proposals: Implications for Americans Abroad and Businesses
A leaked memorandum reveals potential U.S. tax reforms including increasing the Foreign Earned Income Exclusion or eliminating U.S. taxes on foreign-earned income and lowering the corporate tax rate to 15%, impacting Americans abroad and multinational businesses.
Progress
40% Bias Score
Bill Seeks to End U.S. Income Tax for Americans Abroad
U.S. Representative Darin LaHood introduced a bill to eliminate income tax obligations for Americans living abroad, potentially benefiting hundreds of thousands of dual citizens, particularly in Canada, by reducing costly compliance burdens, though concerns remain about preventing tax evasion by hig...
Bill Seeks to End U.S. Income Tax for Americans Abroad
U.S. Representative Darin LaHood introduced a bill to eliminate income tax obligations for Americans living abroad, potentially benefiting hundreds of thousands of dual citizens, particularly in Canada, by reducing costly compliance burdens, though concerns remain about preventing tax evasion by hig...
Progress
40% Bias Score
Showing 1 to 8 of 8 results