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59 mins ago - Translate

Senate sends tax bill back to House, with SALT seasoning The one big tax and domestic policy bill continues its legislative ping pong, with the latest volley being from the Senate. That chamber's version has gone back to the House for approval. Or not. (Image by djimenezhdez from Pixabay) The Senate approved the Trump administration's massive tax and domestic agenda bill today. Now the House must vote on it again, this time to sign off on the Senate changes to the original One Big Beautiful Bill (OBB Act. There's a chance the House could reject the bill. After all, the agreed-to bill wasn't that popular in the Senate. It just...
https://www.dontmesswithtaxes.....com/2025/07/senate-s

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59 mins ago - Translate

Tax differences in House and Senate big bill versions Will U.S. Representatives be able to celebrate July 4th at home? It depends on how quickly they can resolve the differences between the One Big Beautiful Bill (OBB tax and budget bill they sent to the Senate and the version the upper chamber sent back to the House. There’s debate on how beautiful, or not, the bill is, but all agree the thing is big. That’s produces many potential changes that could affect millions of Americans. Since this is a tax blog, and for simplicity’s sake, here are the key differences in the two big bill version in some tax...
https://www.dontmesswithtaxes.....com/2025/07/tax-diff

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11 hrs ago - Translate

Taxes and the Road to Revolution: A Brief Overview Independence Day is notable for its insistence not just on light taxation, but more importantly on taxation being subject to the consent of the governed through a representative form of government.
https://taxfoundation.org/blog..../independence-day-ta


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11 hrs ago - Translate

The Good, the Bad, and the Ugly in the One Big Beautiful Bill Senate Republicans have advanced legislation to extend many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) alongside dozens of new provisions, following broadly similar legislation put forward by House Republicans.
https://taxfoundation.org/blog..../one-big-beautiful-b


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11 hrs ago - Translate

Wisconsin’s Proposed Retirement Income Exclusion Would Shift Tax Burdens to Working Families over Time With reports that Republican legislative leaders and Wisconsin Gov. Evers (D) have reached a budget deal for FY 2026 and 2027, it is worth examining two significant tax relief proposals included in the plan.
https://taxfoundation.org/blog..../wisconsin-budget-re


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