Manchester City Council became what is believed to be the first local authority to introduce the scheme last month.

Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.

About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated Press-NORC Center for Public Affairs Research. Most — about 6 in 10 — think it will do more to hurt than help low-income people. About half say it will do more harm than good for middle-class people and people like them.

Passage of Donald Trump’s sweeping tax, health and spending bill was no small feat for Republicans, but selling it to the American people may prove to be tougher, even for a president who built a career on savvy branding.

Washington — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028, according to industry experts.

President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.

Oracle has challenged the property valuation of its Stargate data center site in Texas.

Are we getting a stimulus check in July 2025? Here's status update, amount of stimulus checks, how to track IRS refund check by social security number

Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate tax exemptions and expanded SALT deductions.

It pays to know the complex tax rules before rushing to buy or lease an electric vehicle or plug-in hybrid vehicle before credits expire Sept. 30.