That phrasing is “pretty clear” in its meaning that only loans on new cars are eligible for the tax deduction, said Matt Gardner, senior fellow at the Institute on Taxation and Economic Policy.

In Colorado, sales and property taxes make up the most of payments by undocumented immigrants. Due to ineligibility for ...

Senate Republicans’ version of President Donald Trump’s “big, beautiful” sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of lawmakers from high-tax ...

President Donald Trump campaigned on getting undocumented migrants who had committed crimes deported. But that doesn’t appear to be ...

Rhode Island’s tax structure is regressive. According to the Institute on Taxation and Economic Policy, the top 1 percent ...

In this blogcast, Burnes Center for Social Change Senior Fellow Seth Harris is joined by Brendan Duke, the Senior ...

According to the Institute on Taxation and Economic Policy, the highest-earning 20% of Americans will receive 69% of the bill’s ...

The One Big Beautiful Bill Act is really about one big thing: Taxes. Some conservative economists say it also shows a striking shift in Republican tax policy.

The study, also contributed to by the Institute on Taxation and Economic Policy, calls on the state to raise its taxes on richer residents and corporations, up its sales tax and revamp its tax code.

“There’s an organization called the Institute on Taxation and Economic Policy that does a survey of state policies on taxation of retirement income. What they found is that there are several states ...

But while the impact of President Trump’s deportation sweep may take time to register, uncertainty caused by policy shifts, ...

In a country where higher education is one of the few remaining ladders to economic mobility, the latest House budget ...