The Tax Policy Center has published a new estimate of Donald Trump’s tax plan. But wait! Don’t go away yet! You’re right that the results are pretty much the same thing we’ve seen from every Trump tax plan—and, for that matter, from every Republican tax plan over the past few decades: The poor and the […]
Two Senate Democrats are advocating a carbon tax plan that would cut the corporate tax rate as well as greenhouse gas emissions.
President Donald Trump wants to close a frustrating 2017 with the first overhaul of the tax code in more than three decades. Yet after seven months of work, Trump's plan … Click to Continue »
With his tax plans repeatedly blocked by House lawmakers, Gov. John Bel Edwards is broadening outreach efforts, trying to build grassroots pressure for stabilizing Louisiana's budget and closing the latest … Click to Continue »
Billionaire Steve Forbes is not at all happy about rumors that President Donald Trump might raise taxes on America’s wealthiest individuals. During a CNBC interview on Monday, Forbes said Steve Bannon’s reported plan to raise the tax rate for high-income earners to over 40% was...
Republicans want to put health care behind them and start focusing on taxes: “What we ought to focus on is how we cut taxes in such a way that the average person in our country who has not experienced this recovery has more money in their accounts at the end of the week or the […]
Vice President Pence will appear before Charles Koch's network as the conservative donor steps up his support for the administration's tax plan.
The GOP’s plans to use the budget process for health care and tax legislation are already half-ruined. The worst could be yet to come.
If there’s one thing Republicans want to do as much as they want to strip tens of millions of people of their health care, it’s cut taxes on the very wealthy and pay for it by shredding the social safety net and letting our infrastructure collapse. Show More Summary
Most Senate Democrats and independents said Tuesday that upcoming legislation to rewrite the tax code should make sure the middle class doesn't pay more. Continue reading ? The post Senate Democrats say ‘no’ to GOP tax plan, cuts for ‘top 1 percent’ appeared first on PBS NewsHour.
A letter signed by 45 Senate Democrats urged President Trump and Senate Republican leaders to work with Democrats on the coming tax reform debate.
The White House hopes to have the House pass a tax overhaul in October that the Senate could then approve in November, said Marc Short, the White House director of legislative affairs. Continue reading ? The post Trump’s tax plan has aggressive deadline, but few details appeared first on PBS NewsHour.
The Trump administration started its public push Monday to overhaul taxes but, just as with health care, the White House lacks a detailed plan to promote to voters. What it … Click to Continue »
WASHINGTON (AP) — The Trump administration started its public push Monday to overhaul taxes but, just as with health care, the White House lacks a detailed plan to promote to voters. Under this plan, President Donald Trump would travel...Show More Summary
A new “dynamic” analysis (one that includes macroeconomic effects) finds that tax cuts consistent with what the Trump Administration outlined in April would reduce federal...
THE thing about Donald Trump’s tax plans, writes Alan Cole, of the Tax Foundation, a think-tank, is that they get “progressively less detailed” over time. Almost two years ago Mr Trump released a fanciful but relatively detailed plan for lower tax rates (see blog).
One of the most controversial parts of the Republican tax plan is dead. "For the first time in many years, the American people have elected a President and Congress that are fully committed to ensuring that ordinary Americans keep more of their hard-earned money and that our tax policies encourage employers to invest, hire, and grow. Show More Summary
In a joint statement today, top Trump aides and Hill GOP leaders killed the border adjustment tax but offer few other details on their big tax plan.
One of the most controversial parts of the Republican tax plan is dead. In statement put out Thursday by Republican leaders, including House Speaker Paul Ryan, and members of the Trump administration, Republicans said they have shelved...Show More Summary
“The White House is eager to present a unified front on tax reform, but those leading the effort inside the administration haven’t been able to bridge deep fissures over how much to cut taxes and the best way to pay [...]