Even if the jet from Qatar were free, this arrangement would still be a legal and ethical mess. But the free plane also wouldn’t be free.

It’s an opening bid in the GOP effort to peel back the 2022 climate law.

The tax bill includes several controversial measures: higher taxes for foundations, a new tax on remittances, and the power to revoke a nonprofit’s status without a fair legal process.

U.S. presidents have been presented with gifts ranging from books to diamonds, and even animals.

On May 13, House Republicans introduced a tax reform proposal that would reduce tax incentives for low-carbon industries such as wind, solar, hydrogen, and electric vehicles (EVs). However, the cuts are set to be phased in gradually—less aggressively than

Sources say Johnson is close to solving one of the thorniest problems in the “big, beautiful bill.”

House Republicans could land on a compromise on the state and local tax deduction on Wednesday, a deal that would represent a breakthrough in one of the thorniest policy debates in President Donald Trump’s economic package.

Lawmakers bickered, protesters shouted and senators came to take in the moment as a House committee weighed a critical portion of a bill to enact President Trump’s domestic agenda.

Their unwieldy bill may get even worse as it gets closer to becoming law

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state and local governments from their taxable income. This federal deduction for state and local taxes — the SALT deduction, for short — has a big influence on how the tax burden is divided. It tends to help taxpayers in wealthier, more urban states, where sales taxes are higher and real estate costs more. President Donald Trump’s first-term tax law, approved in 2017, capped the

Republicans on Capitol Hill seem unlikely to challenge President Trump as he pushes ethics guardrails around profiting from the presidency to the breaking point.