President Donald Trump is eyeing a tax hike on the wealthiest Americans to fund his spending and tax package. Here’s how the rate compares to recent history.

Mr. Trump's claim about tariffs lowering taxes amounts to "an argument that says, 'If Americans pay more out of their left pocket, the government will be able to put more in their right pocket,'" said Joe Rosenberg, senior fellow at the Urban-Brookings Tax Policy Center, another think tank focused on taxes.

The IRS will increase interest rates for overpayments and underpayments starting July 1. Here’s what taxpayers and corporations need to know.

President Trump on Friday said he is stripping Harvard University of its tax exempt status — escalating a showdown with the Ivy League school after it defied his administration’s efforts to crack down on campus anti-Israel activism.

By Matthew Mpoke Bigg and John Yoon Harvard, like many American colleges and charities, enjoys a federal tax exemption, a status granted by the Internal Revenue Service that allows the wealthy Ivy ...

If passed by the House and the Senate, a measure to eliminate the federal income tax on overtime pay would be in force until the end of Trump's term.