The Trump tariffs are the largest US tax increase as a percent of GDP since 1993 and amount to an average tax increase per US household of $1,500 in 2026.

Washington lawmakers are holding their first hearing on long-anticipated legislation that would create a new 9.9 percent tax on income over $1 million.

Lawmakers in many states continue to pursue additional income tax relief, while their counterparts elsewhere pursue the opposite goal.

With changes to payroll taxes likely to be part of a toolkit for reform, both policymakers and the public would benefit from understanding how the payroll tax works, who pays it, and its impact on the economy.

AI technology has a wide range of potential economic outcomes. It would be a mistake to tailor tax policy to the extreme end of that range. Still, policymakers shouldn’t do nothing: they should instead make tax reforms that are sound regardless of which AI scenario emerges.

Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on federal income tax deductions By Joy Taylor (Feed generated with FetchRSS)

Tax Breaks Hiring your child can potentially lower your tax bill and help kids develop skills, but there are some rules you need to know — and follow. By Kelley R. Taylor (Feed generated with FetchRSS)

Taxable Income When Super Bowl LX hype fades, some fans may be surprised to learn that sports betting tax rules have shifted. By Kelley R. Taylor (Feed generated with FetchRSS)

Tax Credits The refundable amount for workers with or without children is slightly higher this year. Here’s what you need to know. By Gabriella Cruz-Martínez (Feed generated with FetchRSS)

Tax Law A new Trump lawsuit and warnings from a tax-industry watchdog point to an IRS under strain, just as millions of taxpayers begin filing their 2025 returns. By Kelley R. Taylor (Feed generated with FetchRSS)