Trump could order the Treasury Department to properly define a "capital gain" as any increase in the value of a stock or property AFTER INFLATION ADJUSTING from the time of the purchase of the asset to the time of the sale. In that case, the real rate of tax on capital gains would fall, and investment would rise. And tax revenues would RISE!

The “big beautiful bill” that Donald Trump signed into law rolls back tax credits for things like electric cars and home EV chargers, rooftop solar panels, heat pumps and more.

Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it becomes clear: The rates Americans pay will now depend less on how much money they make,

The details of these IRAs for babies changed significantly as they moved through Congress.

If you want to buy rooftop solar panels or a home battery for backup power, you’ll need to have them installed this year to claim a tax break worth 30 percent of costs. If you want to lease a system, you have more time.

Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the one the president promised on the campaign trail last year.

Key provisions in the president’s signature legislation will take effect at different times over several years.

The Republican tax bill included $150 billion for defense, but the Pentagon has asked Congress for $1 trillion. The NDAA will likely dredge up new policy fights, from anti-drone systems to making it harder for the U.S. to withdraw troops from Europe.

After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle loans could be eligible for the tax break this year, if purchasing patterns stay the same, said Jonathan Smoke, chief economist at Cox Automotive.

Trump's signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire, imperiling a workplace perk popularized during Silicon Valley’s dot-com boom that is now an emblem of modern office culture.

The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.