Jenny Leonard

The president-elect vowed to lower the corporate rate to 15% from 21% and is talking with his advisors about cutting levies on capital gains and dividends.

The transition group is strategizing on how to pass another sweeping tax bill next year,

The vice president noted her plans for expanding the child tax credit, offering mortgage assistance to new homebuyers, and a deduction for small businesses — while attacking Trump over proposed tariffs.

The Biden administration is alarmed over the market turmoil triggered by the new U.K. government's economic program.

President Joe Biden ignored worse-than-expected U.S. inflation data that roiled markets during a planned celebration for his signature climate-and-tax law.

Progress hinges in part over the scope of redactions in audit work papers of Chinese companies.

Suspending the federal gasoline tax would be a largely symbolic move by an embattled president running out of options to ease pump prices weighing on Democrats’ political prospects.

The president said he’s aiming to decide this week whether to move to suspend the federal gasoline tax.

Democratic negotiators have been working to address opposition from Senator Kyrsten Sinema, an Arizona moderate, to boosting rates.

The group proposed $40 billion in Internal Revenue Service funding to yield $103 billion.