Tax Breaks

Biden shut down critics of his student debt forgiveness plan, saying it was just as "unfair" as billion-dollar businesses receiving "all the tax credits."

"There is no justification for these multibillion-dollar franchises to be eligible for tax-exempt municipal bonds," Representative Jackie Speier said.

"Nearly 1 million kids...would benefit from raising the EITC. It means new backpacks, warmer coats and more hot meals," Whitmer said.

The data released Thursday showed $440 million won by New Jersey's nine casinos through November, a 52 percent increase over the same time frame in 2020.

Ohio Representative Jon Cross proposed giving graduates who take a full-time job in the state a three-year tax break to incentivize them to stay in the state.

The latest version of the bill will exempt internet gambling and online sports betting revenue from the tax calculations.

The new campus promised to employ at least 2,000 professional employees who will be relocating from Southern California.

In the most recent measure to boost support of LGBTQ minorities in the conservative Muslim-majority country, Bangladesh is offering companies tax breaks to hire transgender people.

Were you working in a state different than where your company is? You can be taxed by multiple states. Learn about the state of domicile, state of residence, how to check if you qualify for tax relief and the list of states that won't charge you if you worked there temporarily.

The 2017 tax overhaul expanded taxpayers' standard deduction but made millions of Americans ineligible to claim a tax break for donating to charities—leading to a decline in giving to these organizations.

Michigan Congresswoman Rashida Tlaib filed The Repeal Opportunity Zones Act of 2019 on Friday in an effort to address issues stemming from the Opportunity Zones program.

Senators Bernie Sanders and Elizabeth Warren both blasted FedEx and President Donald Trump's "corporate elite" tax cuts for allowing the courier giant to avoid paying any federal taxes.

Vast oil and gas deposits are believed to be buried under the Arctic, where climate change is melting sea ice and uncovering new commercial opportunities.

A tax break that could benefit Georgia-based Delta Airlines is on the line after the company severed ties with the NRA.

Trump has a history of being at odds with the Scottish government.

A group of more than 400 CEOs, doctors, lawyers and business owners is sending a letter to Capitol Hill that chastises the GOP for cutting taxes on the rich.

"Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag and Country?" Trump tweeted.

We should end the billions of dollars in taxpayer support for the dairy industry.

Trump promised to make universities' tax breaks contingent on schools' willingness to reduce tuition prices—and lawmakers are now considering bills to do just that.

Republicans denounce corporate welfare they don't like, while fiercely protecting their honeypots.