Trump, tax cut

What Did the Trump Tax Cuts Do? Nobody Really Knows.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.
Trump's tax cut plans face bond market headwinds, GOP lawmakers warn
President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP lawmakers warn rising bond yields could dampen those efforts.
Major push to protect, renew Trump tax cuts launched by powerful conservative group
A top fiscally conservative political advocacy group is launching a $20 million campaign to urge Congress "to protect prosperity" by renewing the Trump tax cuts, which expire this year.
Voters wary of Trump’s tax cuts and tariff policy, new poll says
Trump has promised a sweeping economic overhaul, including high tariffs on major U.S. trading partners and massive tax cuts, the latter of which the Senate Committee on the Budget found would add $4.6 trillion to the deficit.
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their wide-ranging reconciliation bill expected this year,
GOP flirts with magical thinking on paying for Trump's tax cuts
GOP tax writers are gathering support for creative ways to make the price tag $0 for extending Trump's 2017 tax cuts. Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in spending cuts.
Republicans weigh 'magical thinking' to fund Trump's tax cuts: report
Republicans were reportedly resorting to "magical thinking" to push through an extension of President-elect Donald Trump's 2017 tax cuts, set to expire this year. The Tax Cuts and Jobs Act, signed into law by Trump in December 2017,
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
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How Walz’s proposed ‘tax cut’ would actually raise $108 million a year to help state budget
Walz wants to shift the tax burden to wealthier Minnesotans, but Republican House leaders say any increases are off the table ...
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
A Major Cut To Capital Gains Tax Would Turbocharge The Economy
A substantial cut in the capital gains tax would make President-elect Trump’s upcoming tax bill very beautiful indeed.
Facing more cuts, cities like Des Moines reconsider property tax breaks that help them grow
Already facing a $17 million shortfall, Des Moines worries tax abatements for revitalization, growth may have to be cut or ...
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Gov. Kemp announces proposed tax cut in 2025 State of the State address
Tax cuts and tort lawsuits were among the biggest items in Georgia Gov. Brian Kemp’s annual State of the State address on ...
MS House passes income tax cut after nearly 2-hour debate. Will Senate pass it next?
The Mississippi House has passed its income and sales tax cut bill package. it now heads to the Senate for further consideration.