The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.
Category: Tax Cuts and Jobs Act (2017)
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Republicans Prepare to Open ‘Pandora’s Box’ of Budget Gimmicks
With the broad tax and health care bill they are now trying to muscle into law, Senate Republicans are preparing to upend Washington’s accounting standards.
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Senate Republicans Want to Trim Some of Trump’s Populist Tax Cuts
G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the sprawling domestic agenda bill passed by the House.
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Democrats Hate Trump’s Policy Bill, but Love Some of Its Tax Cuts
There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they make the case for enactment of their sprawling domestic legislation.
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Moody’s Downgrades U.S. Credit Rating Below Triple-A
The downgrade means that each of the three major credit rating firms no longer gives the United States its best rating.
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Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
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Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
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Trump’s New Tax Cuts Could Shower Americans With Cash, for Now
Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.
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Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, foreign aid and health research.
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Republicans Want to Make the Trump Tax Cuts Last Forever
Senate Republicans are hoping to ice Democrats out from deciding the fate of President Trump’s 2017 tax cuts, a move that Democrats could eventually use against them.
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High Stakes and Lack of Details Add to Jitters About Trump Tariffs
Business leaders and investors remain on edge ahead of President Trump’s expected announcement of a sweeping new round of tariffs.