To Pay for Trump Tax Cuts, House GOP Floats Plan to Slash Benefits for the Poor and Working Class
A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ultrawealthy.
House Republicans fail to clinch deal on tax cuts, despite Trump's urging
A three-day meeting of U.S. House Republicans, meant to jumpstart President Donald Trump's $4 trillion tax cut agenda, ended on Wednesday without a deal as party fiscal hawks refused to move ahead unless the plan reduced the $1.
Paying for Trump's tax cuts could lead to big changes for taxpayers. Here's what could be in store.
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.
Trump Tax Cuts Not Just Good For Billionaires, Say Billionaires
A memo obtained by the Guardian shows Charles Koch's dark-money network spending big on—sorry, against—class warfare.
Farm households will see more tax liability when Trump tax cuts expire
One of President Donald Trump’s first-term achievements was a major tax cut, which he signed into law in 2017. The Tax Cuts and Jobs Act largely benefited the wealthiest families in the U.S. But farm households also saw their tax rates decrease.
Tax Cuts: High on Trump’s Agenda, Nowhere in Speech
The tax cuts that were President Trump’s top first-term legislative achievement went unmentioned in his inaugural address, even though their extension will dominate the congressional agenda this year.
Dems launch group to hit Trump on tax cuts
Democrats are launching a tax-focused group as their newest messaging megaphone in an attempt to counter President Donald Trump on one of his signature issues. Organizers said the nonprofit group, Families Over Billionaires,
House GOP explores alternative math on Trump tax cuts
House Republicans are actively exploring how they can score the deficit cost of extending Trump's 2017 tax cuts by using multiple sets of accounting standards. Why it matters: Depending on the standard,
President Trump continues push for ‘no tax on tips’
While President Donald Trump continues to call for an end to federal taxes on tips, lawmakers from both sides of the aisle are trying to put that into action.
Congress exploring removing taxes on tips as President Trump doubles down on promise
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Americans love Trump's tax cuts. What would they give up to keep them?
Most Americans like the Trump tax cuts. Now, Congress must decide what taxpayers would give up in order to keep them.
Why Republicans' proposed health care cuts could be politically risky
Polling shows Medicaid and other federal health programs are widely popular. The Trump administration and new Republican ...
Draught pints to cost 1p less after tax change
Draught pints will cost 1p less from Thursday because of a cut in alcohol duty in a move intended to help the sector grow.
Gov. Reeves urges tax cuts in State of the State address for Mississippi. See what he said
Gov. Tate Reeves pushed tax cuts and touted economic development during his annual State of the State Address.
Indiana Senate approves income tax cut. Here's how much you would save.
Senate Bill 451 from Republican Sen. Travis Holdman could lower Indiana's income tax rate further starting in 2030, but it ...
School choice, tax cuts, religion in schools are Senate priorities, Lt. Gov. Patrick says
Lt. Gov. Dan Patrick named school choice, property tax cuts, religion in schools and banning hemp-derived THC products among ...
Stitt renews call for income tax cut, wants Legislature to eventually eliminate it
Gov. Kevin Stitt issued a renewed call on Wednesday for lawmakers to reduce the state’s income tax by 0.5% and create a ...
Lots of tax cuts, not a lot of growth?
Not much growth would come from that, nor would it come from some of the proposals to greatly expand the Child Tax Credit, ...