As congressional Republicans try to extend President Donald Trump's 2017 tax cuts, some are considering an unusual plan to make them permanent while avoiding the political pain of massive spending cuts to pay for them: Argue that they will not deepen the federal deficit.

House and Senate Republicans are barreling toward a showdown on how much extending President Trump's 2017 tax cuts should cost. A group of senators, led by Sen. Steve Daines (R-Mont.), today threatened to vote against any tax package that doesn't make all of Trump's 2017 Tax Cut and Jobs Act "permanent.

Social Security benefits are an important source of retirement income, and no one wants to lose this money to taxes. Unfortunately, some retirees do find themselves owing some of their retirement money to the IRS and to their state or local government.

Social Security is an essential piece to most American's retirement plans. Without their monthly benefits, some 16.3 million seniors U.S, would be living below the poverty line, according to the Center on Budget and Policy Priorities.

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax cut permanent.

The Texas Senate moved swiftly this week to advance property tax relief, one of Gov. Greg Abbott’s emergency items this session. On Thursday, the chamber voted unanimously to increase the state’s homestead exemption on school district taxes from $100,

After claiming to pass the greatest property tax relief bill two years ago, which included loopholes allowing local jurisdictions to increase property taxes by close to 10%, the Texas Senate passed another bill again claiming it will reduce property taxes.