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.
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.
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.
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,
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 ...
Scott Bessent Confirmed as Treasury Secretary, Giving Him a Key Role in Extending Trump's Tax Cuts
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary ...
Reeves pushes income tax elimination, opposes Medicaid expansion in State of the State address
Amid a likely debate between Mississippi House and Senate leaders over plans to slash state taxes, Republican Gov.
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Budget 2025 Expectations LIVE: As Feb 1 approaches, hopes rise for a cut in personal income tax
Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1, 2025, which plays a crucial role in ...
Force could cut 150 staff jobs despite tax rise
West Mercia Police could cut 150 staff jobs despite a potential council tax rise. The area's Conservative Police and Crime ...
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 ...
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, ...
Next for N.J. property tax relief? There is a new application for ANCHOR, Senior Freeze
The next ANCHOR benefit has to be funded in the state budget this summer. The last benefit, paid out for the 2021 tax year, ...