Health care premiums expected to rise for Affordable Care Act enrollees – CBS News Watch CBS News People who get their health insurance through the Affordable Care Act are expected to see a significant spike in their premiums next year because of several factors, including an end to certain tax credits. Dr. Jon LaPook explains….
Millions of taxpayers could see a lower tax bill next year due to the so-called “big, beautiful bill” that was signed into law on July 4 by President Trump, with a recent analysis finding that every income group will see some savings. On average, taxpayers will save about $2,900 per household in 2026, according to…
Millions of car buyers in the U.S. could soon get some tax relief thanks to a provision in the so-called “big, beautiful bill” that was signed into law on July 4 by President Trump. The idea of giving a tax break for auto purchasers was first floated by Mr. Trump while on the campaign trail…
European markets mostly fell Monday as investors digested President Trump’s latest trade war salvos, which saw him threaten to hit the European Union and Mexico with 30% tariffs starting on August 1. Mr. Trump’s threat came after a series of announcements last week that included warnings of a possible 50% levy on all copper imports…
Brazilian President Luiz Inácio Lula da Silva said Thursday that he would impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro. Lula said he would trigger Brazil’s reciprocity law approved…
As Congress was approving President Trump’s “big, beautiful bill” on Thursday, the Social Security Administration touted the legislation by stating that it “eliminates federal income taxes on Social Security benefits for most beneficiaries.” That claim, which echoes previous promises by Mr. Trump to remove taxes on Social Security, may have come as welcome news for the millions…
WASHINGTON (AP) — At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations. Now it’s up to Congress to decide whether President Donald Trump’s signature’s domestic policy package will become law. Trump told Republicans, who hold majority power in…
WASHINGTON (AP) — President Donald Trump said Friday that he’s suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.” Trump, in a post on his social media network, said Canada had just informed the U.S. that it…
It may seem as if Treasuries are the better bet these days with the US stock market back near record highs and government securities offering respectable yields again. But stocks are still likely to pay more. The urge to ditch stocks is understandable. There’s a lot of uncertainty out there, much of which could have…
As a Republican-backed bill moves ahead in the House, proposed tax cuts under the measure include some new and surprising changes that could impact the wallets of millions of Americans. On Wednesday, the House Ways and Means Committee voted in favor of the bill, which would make Mr. Trump’s 2017 tax cuts permanent while also…