A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.
Category: Tax Cuts and Jobs Act (2017)
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Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
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Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?
Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.
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Trump Promised Sweeping Economic Changes. Can Republicans Turn Them Into Law?
Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.
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Can Democrats Win Back Voters From Trump on Trade Policy?
The Biden administration has pursued a big shift in trade policy, but it’s not clear whether that will be enough to win votes.
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Trump Tests Republican Appetite for Tax Cuts
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.
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Trump and Harris Both Like a Child Tax Credit but With Different Aims
Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.
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Trump Keeps the Tax Cut Promises Coming, Now for Americans Abroad
Former President Donald J. Trump said in a statement that he would seek to end the “double taxation” of Americans overseas.
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Trump Keeps the Tax Cut Promises Coming, Now for Americans Abroad
Former President Donald J. Trump said in a statement that he would seek to end the “double taxation” of Americans overseas.
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How Trump Could Upend Taxation in America
With slogans and in social-media posts, the former president has dribbled out ideas that, together, would fundamentally change how taxes are collected in the U.S.
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How Trump Could Upend Taxation in America
With slogans and in social-media posts, the former president has dribbled out ideas that, together, would fundamentally change how taxes are collected in the U.S.