Brazilian Finance Minister Fernando Haddad said that the increase in the IOF tax on financial transactions "was debated at the president's (Luiz Inacio Lula da Silva) table, who summons the ministers he considers pertinent",

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out over $500,000.

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.

The budget reconciliation bill passed by House Republicans early Thursday would gut clean energy tax credits that Democrats approved three years ago.

House Republicans secured $12 billion in their reconciliation bill for states that incurred costs over the border crisis during the Biden administration.

Inheritance and estate taxes, often referred to as "death taxes," vary significantly across the United States. Federal estate taxes apply only to the wealthy, with estates exceeding $13.61 million in 2024,

GRAND RAPIDS, MI —Kent County’s new 8% hotel tax has generated an additional $999,469 in the first two months of this year, according to the latest available data. Kent County voters approved a ballot request in August to raise the county’s hotel tax from 5% to 8% to help fund large-scale,

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in high-cost states.