To Pay for Trump Tax Cuts, House GOP Floats Plan to Slash Benefits for the Poor and Working Class
A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ultrawealthy.
House Republicans fail to clinch deal on tax cuts, despite Trump's urging
A three-day meeting of U.S. House Republicans, meant to jumpstart President Donald Trump's $4 trillion tax cut agenda, ended on Wednesday without a deal as party fiscal hawks refused to move ahead unless the plan reduced the $1.
Paying for Trump's tax cuts could lead to big changes for taxpayers. Here's what could be in store.
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.
Trump Tax Cuts Not Just Good For Billionaires, Say Billionaires
A memo obtained by the Guardian shows Charles Koch's dark-money network spending big on—sorry, against—class warfare.
Americans love Trump's tax cuts. What would they give up to keep them?
Most Americans like the Trump tax cuts. Now, Congress must decide what taxpayers would give up in order to keep them.
Farm households will see more tax liability when Trump tax cuts expire
One of President Donald Trump’s first-term achievements was a major tax cut, which he signed into law in 2017. The Tax Cuts and Jobs Act largely benefited the wealthiest families in the U.S. But farm households also saw their tax rates decrease.
Lots of tax cuts, not a lot of growth?
The parts of the Trump tax cuts that expire at the end of the year don’t do a lot to spark the economy, as Pro Tax’s Brian Faler reports this morning. GOP lawmakers are aware of this, mind you, and looking for other tax relief ideas they might be able to add to a tax bill this year to further goose up the growth aspect.
US House Republicans divided over how to pay for Trump's tax cuts
Republicans who control the U.S. House of Representatives are trying to overcome internal differences on how to pay for President Donald Trump's sweeping tax cuts, with hardline conservatives determined to reduce an annual federal deficit approaching $2 trillion.
Tax-Cut Wish List Grows for Trump’s ‘Big, Beautiful Bill’
Tax-code proposals from Republican lawmakers include free home-power generators, help on racehorses and a boost for space ports.
Stitt renews call for income tax cut, wants Legislature to eventually eliminate it
Gov. Kevin Stitt issued a renewed call on Wednesday for lawmakers to reduce the state’s income tax by 0.5% and create a ...
Scott Bessent Confirmed as Treasury Secretary, Giving Him a Key Role in Extending Trump's Tax Cuts
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary ...
NC Medicaid could face risk from congressional GOP ideas to fund tax cuts, immigration
This safeguard now puts Medicaid expansion, which became law in the state in 2023, at risk, as congressional Republicans are ...
Force could cut 150 staff jobs despite tax rise
West Mercia Police could cut 150 staff jobs despite a potential council tax rise. The area's Conservative Police and Crime ...
WAPT Jackson on MSN2d
Governor pressures state Senate to pass tax cut
Mississippi Gov. Tate Reeves is urging the state Senate to pass a significant tax cut bill that has already cleared the House ...
SC’s highest income tax rate is higher than neighboring states. Could a cut make the budget?
According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.
School choice, tax cuts, religion in schools are Senate priorities, Lt. Gov. Patrick says
Lt. Gov. Dan Patrick named school choice, property tax cuts, religion in schools and banning hemp-derived THC products among ...
Next for N.J. property tax relief? There is a new application for ANCHOR, Senior Freeze
The next ANCHOR benefit has to be funded in the state budget this summer. The last benefit, paid out for the 2021 tax year, ...