The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.

Despite President Donald Trump’s monthslong advocacy for eliminating the carried interest tax break, one of the most controversial loopholes in the US tax code remains unchanged in the draft ...

After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle ...

Business investors and wealthy Americans are among the biggest winners in President Donald Trump’s tax bill. Those hit the ...

WASHINGTON – A group of Democratic senators is calling on President Donald Trump to push congressional Republicans to end a Wall Street tax break he has long had in his sights. Investment fund ...

President Trump surprised many in February when he told Republican lawmakers of his renewed push to eliminate the longstanding carried interest tax break, a measure he also targeted during his ...

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 ...

Democrat Tammy Baldwin is pushing a Senate vote to close the carried interest “loophole” in Trump's tax bill, a position that ...

The maximum child tax credit increases by an additional $200 from $2,000 starting in tax year 2025 and is permanently indexed ...

JPMorgan Chase CEO Jamie Dimon said at the Reagan National Economic Forum on Friday that the US should be taxing carried interest, a loophole that has allowed private market investors to benefit ...

Now that Republicans in Congress are crafting a new sweeping tax and spending package, Trump is again pushing congressional leaders to eliminate the carried interest advantage.