Economists at Citi Research said in a note on Thursday that the aggressive tariffs "may now become a justification for larger tax cuts."

Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and tariffs, experts say.

Senate Republicans are looking to change how extending many of Trump’s 2017 tax cuts would be scored when it comes to future federal deficits. The Congressional Budget Office has projected that extending the cuts would increase deficits by nearly $4 trillion over the coming decade.

With Federal Reserve data showing the top half of households own almost all US assets, federal tax policy could spur even worse economic inequality.

In an interview with Fox News on Sunday, White House economic advisor Peter Navarro said the tariffs set to be announced this week would be one of the

The 51-48 vote unlocks a maneuver that will allow Republicans to bypass the Senate's filibuster and pass Trump's tax, border security and military priorities this year without Democratic votes.

Treasury Secretary Scott Bessent's tax-cut negotiators say big progress has been made on Capitol Hill, and are optimistic about final passage by summer despite the measure's complexity, Treasury officials tell Axios.

Reducing business taxes didn’t generate enough economic activity to offset lost revenue, according to the New Hampshire Fiscal Policy Institute.