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.
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.
Dems launch group to hit Trump on tax cuts
Democrats are launching a tax-focused group as their newest messaging megaphone in an attempt to counter President Donald Trump on one of his signature issues. Organizers said the nonprofit group, Families Over Billionaires,
House GOP explores alternative math on Trump tax cuts
House Republicans are actively exploring how they can score the deficit cost of extending Trump's 2017 tax cuts by using multiple sets of accounting standards. Why it matters: Depending on the standard,
President Trump continues push for ‘no tax on tips’
While President Donald Trump continues to call for an end to federal taxes on tips, lawmakers from both sides of the aisle are trying to put that into action.
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 ...
Gov. Reeves urges tax cuts in State of the State address for Mississippi. See what he said
Gov. Tate Reeves pushed tax cuts and touted economic development during his annual State of the State Address.
Indiana Senate approves income tax cut. Here's how much you would save.
Senate Bill 451 from Republican Sen. Travis Holdman could lower Indiana's income tax rate further starting in 2030, but it ...
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 ...
Reeves pushes income tax elimination, opposes Medicaid expansion in State of the State address
Amid a likely debate between Mississippi House and Senate leaders over plans to slash state taxes, Republican Gov.
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Will Scott Bessent abolish Donald Trump's tax cuts as treasury secretary?
The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a ...
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 ...
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 ...