Labor Secretary Lori Chavez-DeRemer shared a chart July 17 on X showing lower- and middle-income Americans gaining the most from the new law’s tax provisions.

London's main stock indexes slipped on Friday as investors assessed a mixed bag of corporate earnings and awaited updates on EU-U.S. trade talks.

Governments frequently use proxies for deservingness—tags—to implement progressive tax and transfer policies. These proxies are often imperfect, leading to misclassification and inequities among ...