Liz Truss resigning as U.K. prime minister
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
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Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
California state Senate President Pro Tem Kevin de Leon, a Los Angeles Democrat who is running for the U.S. Senate, introduced legislation this week that would allow people to make charitable donations to the state instead of paying income taxes. That would allow them to claim a charitable deduction on federal taxes.
The new tax plan, enacted by one party over the other's strenuous objections, has started the United States on an economic experiment.
How do people feel about GOP tax bill? It depends on who you ask. Some business, advocacy and trade groups have major concerns with it. Others say the tax plan will boost the economy.
As the Senate nears a momentous vote on the massive Republican tax bill, Democrats are mocking what they say is the late-provided, hefty text of the legislation in videos and tweets.
Are all tax cuts created equal? Not if you live in the Golden State, says USC Professor of Law and Economics, Ed McCaffery.
