Tax Exemption, Beautiful Bill
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Monday's high-stakes showdown in the House will determine fate of three vetoed property tax measures as GOP faces intense lobbying and unified Democratic opposition.
About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated Press-NORC Center for Public Affairs Research. Most — about 6 in 10 — think it will do more to hurt than help low-income people. About half say it will do more harm than good for middle-class people and people like them.
"Each state has its own rules and restrictions, and many start the back-to-school tax holidays around the first weekend of August," Worley added. Alabama kicks off early, running from July 18-20. Shoppers can get tax-free clothes up to $100 per item, plus computers and tablets under $750. These are "sizable savings," Worley noted.
President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, here's what experts know so far.
Washington — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028, according to industry experts.
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Clear Start Tax breaks down how income from platforms like TikTok, YouTube, and Instagram can trigger audits if not reported correctly. IRVINE, CA / ACCESS Newswire / July 18, 2025 / As more Americans turn to social platforms for income,
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The Texas Tribune on MSN1.7 million Texans could lose health coverage under expiring tax credits, ACA changes in GOP megabillHaving never expanded Medicaid, Texas avoided most of the looming federal cuts other states will face. But the Affordable Care Act is a different story.
Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.
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CNET on MSNKey Home Energy Tax Credits End This Year. Act Quickly if You're Considering Solar Panels, Experts SayIncentives for heat pumps and other home energy and efficiency investments are also expiring early after changes made by Congress and President Trump.
It’s a big fat bribe.” Jon Stewart of Comedy Central’s “The Daily Show” followed suit, calling the settlement “shameful.” Both hosts, who work for Paramount Global the parent company of both CBS and Comedy Central,