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Trump, tax
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.
Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day."
Trump will try to extend his 2017 tax cuts this year. When — and how — that happens is up in the air.
Washington is set for a rollicking tax fight in the coming year, with observers of all stripes expecting a historic deal to extend Donald Trump's 2017 tax cuts at some point. The key question for the moment is timing,
Trump Treasury Nomination on Tax Cuts
China has been stockpiling a key US crop before Trump takes office Archaeologists dig up 1,600-pound coffin in Roman grave filled with curious material: 'A rare find' Conor McGregor Demands Peace for 34-Year-Old Conflict After Donald Trump’s Confirmation on Ceasefire Video Shows India Firing Game-Changing Cruise Missile Steven Spielberg Honors David Lynch as Hollywood Mourns a Film Icon: ‘The World Is Going to Miss Such an Original and Unique Voice' I try to follow the Mediterranean diet on a tight budget.
Trump Wants to Cut Taxes. So Do Governors and Lawmakers in Some States
President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more. The movement for more tax cuts comes after most states already have slashed income,
Tax Return and Tax Refund
Tax Return and Tax Refund: What's the Difference?
A tax refund is money returned to you by the US Treasury if you overpaid your state or federal taxes during the previous year. For instance, if your employer withheld more taxes than necessary from your paycheck or if you're self-employed and overpaid your quarterly estimated taxes, then you can get that money back via the refund.
Here’s when you’ll get your tax refunds, IRS says
The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the Tuesday, April 15 federal deadline,” reads the release. “More than h
When do I get my tax refund? What to know about the start of tax season 2025
Get your paperwork and W-2 in order; you will soon be able to file your 2024 taxes with the IRS. Tax season opens next week.
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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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on MSN
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
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on MSN
Canadian foreign minister warns of ‘Trump tariff tax’ on Americans as threat of 25% tariff looms
Canada’s foreign minister is warning Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump ...
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on MSN
Senate GOP rejects House conservative pitch on corporate tax rates
House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going ...
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Brazil final tax rate slightly higher than the one approved by Congress, special tax secretary says
The final version of the Brazilian tax reform sanctioned on Thursday by Brazil President Luiz Inacio Lula da Silva is ...
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on MSN
CBO projects U.S. 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 ...
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on MSN
Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
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on MSN
Budget: Walz pitches state's first sales tax cut, reduction in disability waiver spending
In regards to the statewide sales tax, Walz is proposing a .75% reduction to the tax rate alongside provisions to expand the ...
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on MSN
IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.
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