News

The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...
President Donald Trump's tax and spending bill revives and expands homeowner tax breaks — while making the current mortgage interest deduction cap permanent.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story  Student ...
A tax shield is a reduction in taxable income by claiming allowable deductions such as mortgage interest and medical expenses.
Trump’s ‘Beautiful’ Bill: Tax cuts, work rules—and a $25-B missile shield The Associated Press May 25, 2025 6 minute read President Donald Trump speaks in the Oval Office of the White ...
KUALA LUMPUR, May 5 — Lim Guan Eng has urged the government to suspend all proposals that could add financial pressure on Malaysian industries, in response to the economic challenges posed by the US ...
The real estate industry is at the forefront of a lobbying blitz to sway Congress to preserve the carried interest tax break that President Donald Trump wants to abolish in a giant tax bill ...
It’s a new presidential administration—and a new attempt is underfoot to go after carried interest taxes, the preferential tax rate that benefits venture capital, private equity and hedge-fund ...
Credit card interest is not tax-deductible for personal expenses. The government stopped allowing a tax deduction for credit card interest with the Tax Reform Act of 1986.
Commentary Comment: Why extending Trump tax cuts could bring more potholes One way of ‘paying’ for the cuts would be ending municipal bonds’ tax-free status, making them less profitable ...
President Trump’s proposal for car loan interest tax deductions on US-made vehicles sounds ideal, but some experts say the idea is flawed.