Federal Budget (US) – Page 9

Biden, Joseph R Jr Congressional Budget Office Federal Budget (US) Presidential Election of 2024 Republican Party Taxation Trump, Donald J United States Economy United States Politics and Government

Here’s the latest on the president’s priorities.

The president’s $7.3 trillion budget proposal for the next fiscal year includes about $3 trillion in deficit reduction over a decade, largely from raising taxes on high earners and corporations.

By Jim Tankersley

Biden, Joseph R Jr Congressional Budget Office Federal Budget (US) Presidential Election of 2024 Republican Party Taxation Trump, Donald J United States Economy United States Politics and Government

Biden Budget Will Underscore Divide With Republicans and Trump

The president’s fiscal 2025 budget proposal includes about $3 trillion in deficit reduction over a decade, largely from raising taxes on high earners and corporations.

By Jim Tankersley

Corporate Taxes Federal Budget (US) Harvard University Labor and Jobs Law and Legislation Politics and Government Princeton University Republican Party Tax Cuts and Jobs Act (2017) Trump, Donald J United States Economy University of Chicago

Trump’s Tax Cut Fueled Investment but Did Not Pay for Itself, Study Finds

The most detailed research yet on corporate response to the 2017 Republican tax law shows modest gains for workers and high cost to the federal debt.

By Jim Tankersley

Congressional Budget Office Congressional Research Service Content Type: Service Federal Budget (US) Gifts High Net Worth Individuals Income Tax Internal Revenue Service Personal Finances Tax Credits, Deductions and Exemptions Tax Cuts and Jobs Act (2017) United States Politics and Government

A Tax Sunset Will Change What You Owe the I.R.S.

Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress.

By Jeff Sommer

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