Chalkbeat reports on the federal tax-credit scholarship program, raising questions on its impact on public education and private school funding.

President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1).

The IRS adjusts the federal tax brackets every year account for inflation. The tax agency recently released the new brackets for the 2026 tax year, and because the inflation rate has continued to slow from its 2022 peak, the bracket adjustments were smaller for yet another year.

DOWNLOADING OUR FREE MOBILE APP. PRESIDENT TRUMP’S PROMISE TO ELIMINATE FEDERAL INCOME TAX ON WORKERS TIPS AND OVERTIME IS NOW A REALITY. AFTER HE SIGNED THE BIG BEAUTIFUL ACT THAT PASSED IN CONGRESS LAST WEEK. BUT HOW DOES THAT NEW LEGISLATION WORK, AND ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The experience with the tax bill enacted at the end of President Donald Trump’s first year in office previewed the sort ...

Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025. Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025.Daniel Slim—Getty Images Reporter At the end of September ...

Scott Bessent said the early start to the 2026 federal tax filing season will help American families and businesses receive benefits from recent Republican tax legislation more quickly, giving a boost to the economy.