Politics
Senate Republicans Want to Trim Some of Trump’s Tax Cuts in Domestic Policy Bill
Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that…
Tag
taxation
Business
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp…
Politics
Trump Says He’s ‘Taking Away’ Harvard’s Tax Exempt Status
President Trump said on Friday that Harvard would lose its tax-exempt status, repeating his intent to enlist the Internal Revenue Service…
Politics
Republicans Wrestle With Trump’s Demands for Tax Cuts
It was easy to miss, but last weekend President Trump floated a fundamental rewrite of the American tax code. In a social media post, and…
Politics
Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make…
Politics
Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon…
Politics
Republicans Debate Higher Taxes on the Rich
As Republicans prepare to cut trillions of dollars in taxes, they are grasping for ways to keep down costs. There are the typical…
Politics
Trump’s Tariffs Are Taxation Without Representation
It’s time for Congress to reclaim the power it never had the authority to give away. Source link
Politics
Republicans Want to Make the Trump Tax Cuts Last Forever
When Republicans cut taxes in the past, they did so only temporarily, bowing to Washington’s arcane budget rules that limited how much…
Politics
U.S. Could Run Out of Cash by July, Analysis Finds
The United States could run out of cash to continue paying its bills by mid-July if Congress does not take action to raise or suspend the…
News
Markets and Corporate America Are Unfazed by Washington Chaos, for Now
Even by Washington standards, the second Trump presidency has begun in frenetic fashion: mass firings at federal agencies, tariff threats…
Business
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
We’ve got a whirlwind of news out of Washington — the carried interest tax exemption in the cross hairs, the latest on DOGE and an update…
Politics
Mexico and Canada Reach Last-Minute Deal With Trump to Avert Trade War
President Trump on Monday delayed his planned tariffs on Canada and Mexico for 30 days after winning concessions from both countries to…
Politics
Once a Trump Foil, Warren Seeks Collaboration on Policy
For the last decade, Senator Elizabeth Warren of Massachusetts has been a favorite foil of President Trump, who has subjected her to…
Politics
E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they…
News
IRS Free Tax Filing System Will Include 13 More States
Taxpayers with income of $84,000 or less still have the option of using the separate Free File program, a partnership between the I.R.S.…
Politics
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The United States is poised to add trillions of dollars to the national debt over the next decade as the mounting costs of social safety…
Politics
What Did Trump’s Tax Cuts Do?
Seven years ago, when Republicans passed the most significant overhaul of the tax code in a generation, they were sure the law would…
Politics
What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
A test for Trump’s cabinet pick For businesses and markets, perhaps the most important of the hearings for the incoming Trump…
Politics
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend…
Politics
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
Republicans are preparing to cut taxes, slash spending and slow immigration in a broad agenda that will require unifying an unruly party…