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Trump push to use tariffs to pay for tax cuts faces opposition in Congress
U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an unprecedented shift likely to face opposition from many of his fellow Republicans in Congress.
Tax Cuts: High on Trump’s Agenda, Nowhere in Speech
The tax cuts that were President Trump’s top first-term legislative achievement went unmentioned in his inaugural address, even though their extension will dominate the congressional agenda this year.
What Did the Trump Tax Cuts Do? Nobody Really Knows.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
Trump may use Medicaid cuts to fund tax reform. These states would be hit hardest.
President Donald Trump has long proposed cutting Medicaid, which covers healthcare for lower-income Americans.
Trump Pushes Back on Global Tax Deal
In an executive order Monday, President Trump asked federal agencies to explore potential retaliatory measures for any taxes deemed discrimina
WATCH: Illinois congressman calls for extending Tax Cuts and Jobs Act
An Illinois congressman is urging lawmakers to extend President Donald Trump’s 2017 tax cuts. Many provisions of the Tax Cuts and Jobs Act are set to expire at the end of this year including the current individual tax brackets and standard deduction.
2h
on MSN
Candy would lose sales tax exemption under Massachusetts governor's budget proposal
The budget seeks to change state law to exclude candy from the category of "essential" foods like fruit, meats and vegetables ...
2h
on MSN
Metro likely to delay ballot measure to revamp homeless services tax
Metro Council President Lynn Peterson said councilors will likely ditch plans to put the ballot measure in front of voters in ...
8h
Trump’s First Day Back And The Impact On Tax And Estate Planning
While President Trump's first day back in office involved many executive orders and memorandums, none addressed estate ...
1d
Trump effectively pulls US out of global corporate tax deal
President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., ...
8h
on MSN
When can I file my taxes for 2025? What Arizonans should know about W2, 1099, tax forms
Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal ...
7h
Governor Healey releases $62 billion budget plan that would inject new cash into MBTA, tax candy purchases
The spending proposal begins putting dollars behind various pledges Healey has made in recent days, including promises to ...
10h
Tax season 2025: When are employers required to provide employees W-2s?
Even if you don’t receive your Form W-2 before the filing deadline of April 15, you still must file your return on time, ...
5h
on MSN
Council backs 15% council tax rise request
Plans to raise council tax in Bradford by almost 15% have been finalised ahead of being sent for government approval. The ...
8h
on MSN
Child Tax Credit Change Would Make Millions of People No Longer Eligible
H.R. 547 would amend the Internal Revenue Code of 1986 to require Americans to provide a Social Security number in order to ...
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