Category: Tax Cuts and Jobs Act (2017)

Republicans Cut Taxes to Win the Midterms. It May Not Work Out.

The New York Times – Business:
Among the stakes in next month’s election is the long-running question of whether tax cuts can shape how people vote.
Republicans Cut Taxes to Win the Midterms. It May Not Work Out.

The New York Times – Business:
Among the stakes in next month’s election is the long-running question of whether tax cuts can shape how people vote.
Are Democrats Worried About the Wrong Rich People?

The New York Times – Business:
As billionaires become a popular political target, a new book urges Washington not to lose sight of a much larger, and quieter, group of wealthy business owners.
Trump’s Promise of $5,000 Dividend Checks Follows Past Cash Pledges That Never Materialized

The New York Times – On the Runway:
President Trump is again talking up the possibility that the federal government will send Americans thousands of dollars in cash.
U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It

The New York Times – Business:
The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
Trump Increased Tax Refunds, but a Political Challenge Still Looms

The New York Times – Business:
While last year’s tax law has raised the average I.R.S. refund, the boost is less than the White House expected — and may not have much impact on voters.
‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season

The New York Times – Business:
The law Republicans passed last year has so far been largely imperceptible to most Americans. That’s changing as tens of millions file their taxes this spring.
Trump Requests $1.5 Trillion for Military Spending

The New York Times – Business:
The massive, proposed increase would be offset in part by steep cuts to domestic programs, some of which the administration describes as wasteful.
Federal Debt to Hit Record Levels, Budget Office Warns

The New York Times – Business:
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
Trump Dangles Cash Payments to Assuage Affordability Concerns

With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.
Businesses Are Cashing In on Trump’s Tax Cuts

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
Trump Opens ANWR to Oil Drilling

The Interior Department also said it would allow a contentious road to be built through the Izembek National Wildlife Refuge in southwestern Alaska.