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CNBC Business • May 16, 2025

How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits

The proposed legislation offers seniors a $4,000 deduction that could impact their overall tax liability, potentially altering the financial benefits currently associated with Soci...

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CNBC Business • May 12, 2025

House GOP tax bill calls for ‘SALT’ deduction cap of $30,000 for most taxpayers. Here's who could be...

The revised tax legislation introduced by House Republicans increases the limit on state and local tax deductions to $30,000, potentially impacting the financial situations of nume...

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CNBC Business • May 09, 2025

Trump backs tax hike on rich, but says GOP 'should probably not do it'

Trump’s support for increasing taxes on wealthy individuals signals a departure from usual party views, potentially impacting legislative negotiations and financial policy decision...

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