Tax Credits, Deductions and Exemptions – Page 16

Trump’s Proposal to End Taxes on Overtime Pay Could Cost Billions

The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare.

By Andrew Duehren

Biden, Joseph R Jr Corporate Taxes Harris, Kamala D Inflation Reduction Act of 2022 Internal Revenue Service Law and Legislation Presidential Election of 2024 Tax Credits, Deductions and Exemptions Treasury Department United States Politics and Government

A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps

The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will raise $250 billion from large corporations over the next 10 years.

By Andrew Duehren

Census Bureau Children and Childhood Federal Aid (US) Food Insecurity Income Inflation (Economics) Poverty Prices (Fares, Fees and Rates) Tax Credits, Deductions and Exemptions United States Economy

Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired

More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies outweighed higher incomes.

By Lydia DePillis

Harris, Kamala D Labor and Jobs Presidential Election of 2024 Price Gouging Prices (Fares, Fees and Rates) Protectionism (Trade) Real Estate and Housing (Residential) Regulation and Deregulation of Industry Tax Credits, Deductions and Exemptions Taxation United States Economy United States Politics and Government Wages and Salaries

Harris Economic Plan Focuses on Prices, a Key Vulnerability

Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.

By Alan Rappeport and Andrew Duehren