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The ongoing debate surrounding the House Republicans’ tax bill is an unsettling snapshot of a party at a crossroads. Experts and voters alike are watching closely as the House Ways and Means Committee deliberates on what President Trump’s priorities will ultimately materialize in this proposed tax overhaul. In a political landscape fraught with divisiveness, one

As the United States grapples with the consequences of its current trade policies, it’s important to scrutinize a startling notion that contradicts a century of progressive economic thought: tariffs are returning with an unprecedented vengeance. According to a recent report from the Yale Budget Lab, the average effective tariff rate in the U.S. has soared

As the political theater surrounding tax reform unfolds, almost everyone agrees on one thing: the stakes are incredibly high. President Donald Trump’s tax agenda has taken center stage, harnessing the full power of a Republican-controlled Congress. With the House Ways and Means Committee recently revealing a preliminary version of the tax reform bill, the political

In an unexpected turn of events, former President Donald Trump has proposed raising the income tax rate for America’s highest earners, a move that seems counterintuitive for a Republican landscape long heralded for tax cuts. This suggestion, while aimed at funding considerable spending initiatives and maintaining financial support for essential services like Medicaid, unveils deep-seated

In an era where the unemployment rate sits unexpectedly low at 4.2%, job seekers might find themselves bewildered by the paradox of a seemingly robust market coupled with an alarming scarcity of opportunities. Despite the positive statistical facade, whispers of disillusionment permeate the air as companies appear to withdraw into the safety of cautious hiring.

In recent discussions about the U.S. economy, the term “deflation” has emerged with a troubling prominence. While it might appear, on the surface, that prices for essential commodities like airfare and gasoline have dipped significantly, my critical viewpoint suggests that this phenomenon may be a deceptive illusion crafted by idiosyncratic market forces. Although it’s tempting

In an unexpected and alarming twist, the Trump Administration has reignited the collection efforts on defaulted student loans after a five-year pause. This decision has significant implications for nearly 195,000 borrowers, who are now facing the threat of their federal benefits being garnished within a mere 30 days. The U.S. Department of Education has outlined

It’s a fragile balance that many depend on. For millions of Americans, Social Security benefits are not merely a supplemental source of income; they are the very foundation of their economic stability, particularly for retirees, people with disabilities, and survivors of deceased workers. However, what happens when that foundation crumbles under the weight of administrative

In a world where financial landscapes are constantly shifting, the IRS has announced notable changes for Health Savings Accounts (HSAs) for the year 2026. While a gradual rise in contribution limits—from $4,300 to $4,400 for individuals and from $8,550 to $8,750 for families—may seem innocuous, these adjustments have substantial implications for how Americans save for

The federal cap on state and local tax (SALT) deductions, introduced through the Tax Cuts and Jobs Act (TCJA) in 2017, has managed to spark debates that expose an enduring truth in American tax policy: higher earners are often cushioned while ordinary citizens struggle. The $10,000 limit, which restricts deductions for state and local taxes—including