Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Here Are the Tax Bill's Winners and Losers
By Emily Birnbaum and Steven T. DennisThe rich, for instance, would dodge a tax increase and be able to pass more wealth to heirs.
May 12, 2025
House Tax Bill Calls for $30,000 SALT, Omits Millionaire TaxThe bill aims to cut taxes by over $4 trillion and trim spending by at least $1.5 trillion over a decade.
May 12, 2025
New Bill Lowers 401(k) Plan Participation Age to 18Supporters say Americans who enter the workforce after high school should be able to immediately save for retirement.
May 12, 2025
Ed Slott: New Tax Bill Draft Is 'Very Taxpayer Friendly'The GOP plan cuts taxes across income levels, but "something has to give" in terms of pay-fors, he says.
May 08, 2025
What Tax-Free Social Security Benefits Would Really MeanPayments would increase in the short term, but the policy could accelerate insolvency or be challenged in court.
May 07, 2025
Life Insurance 'Will Not Be a Pay-For' for Tax Bill, Finseca Tells CongressA group for high-end wealth advisors is lobbying for stability in estate tax rules but not for repeal.
May 06, 2025
Tax Reform Bill Close to Stalling: ValliereHouse opposition will push the timetable for passage well into summer, says the AGF Investments strategist.
April 29, 2025
Bessent Sets July 4 Goal for Tax Bill as Economic Worries MountPolling shows that voters largely disapprove of the White House’s handling of the economy.