Trump, Tax Cuts

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 treasury pick: Extending Trump tax cuts 'single most important economic issue'
TRUMP TELLS EU TO BUY MORE AMERICAN-MADE OIL AND GAS OR FACE 'TARIFFS ALL THE WAY' Trump’s economic plan includes extending the 2017 tax cuts and imposing tariffs ranging from 1
Trump's treasury pick warns of "economic calamity" if 2017 tax cuts aren't renewed
The biggest takeaway from Treasury secretary-designee Scott Bessent's confirmation hearing is that it's a safe bet he will be confirmed as the 79th secretary of the Treasury. Republican senators supported his confirmation,
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,
Treasury Secretary Nominee Scott Bessent Defends Trump’s Tariffs Plan, Calls to Renew Tax Cuts
President-elect Donald Trump’s pick to run the Treasury Department does not expect the incoming president’s proposed tariffs to drive up inflation and says he is looking forward to helping extend the Trump tax 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 ...
CBO sees US 2025 deficit flat at $1.9 trillion 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 ...
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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If You're Claiming the Child Tax Credit in 2025, When Will You Get Your Tax Refund?
Laws are in place preventing anyone claiming a child tax credit from getting their refund before a certain date, so how long ...
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 ...
US clean energy tax subsidies to cost $825 billion over 10 years, CBO says
U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...
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 ...
100,000 more Pennsylvania seniors received property tax and rent rebates last year
The number of seniors who qualified for Pennsylvania’s property tax and rent rebate grew by more than 100,000 following an ...
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Supreme Court blog publisher Tom Goldstein, a high-stakes poker player, indicted on tax charges
The publisher of a prominent blog about the Supreme Court has been indicted in a multimillion-dollar scheme to evade federal ...