The article discusses the tax reform under the administration of U.S. President Donald Trump. Topics discussed include the proposal laid out by Trump and U.S. House of Republican (GOP) Tax Reform Task Force...
Vice President Kamala Harris and former President Donald Trump are both proposing tax changes that would rank among the largest in U.S. history, but their plans would impact very different groups of Americans by providing tax credits and cuts to some taxpayers, while raising taxes on others. Wh...
Covid-19: The former president spent a lot of his time drawing comparisons between when he was in office to now, but one of the biggest changes since then was Covid. Trump did not mention the pandemic — a massive part of the 2020 election cycle — even as Republicans continue to attac...
During his time in the White House, Donald Trump pursued very good tax policy and very bad spending policy. So if he wins a second term, one would hope he maintains his approach on taxes and changes his approach on spending. Unfortunately, he is doing the opposite. He has said nothing ...
Mr. Trump has opposed making any changes to entitlements benefiting older Americans.The reason: He had promised over-65 voters he wouldn’t -- a politically wise move, even if debatable from a long-term economic standpoint. So adding new spending to this already enormous pile of debt obviously...
Here’s who’s winning under Trump’s tax law The stress of tax season is real. Here’s how to cope When $30,000 property taxes hit a little harder Treasury officials say smaller tax refunds are a good thing The same is true of the capped state and local tax deduction, which dispro...
The election of Donald Trump as the 47th president may come with changes to capital gains tax rates. There is no mention of capital gains taxes in the 2024 Republican Party platform or onAgenda 47, a website for former President Trump. ...
News reports about major corporations paying no income taxes and alleging that formerPresident Trumppaid no more than minimal income taxes for decades undercut taxpayers’ confidence in the system. The alternative corporate minimum tax was passed in 2022 to address tax avoidance by the largest corpora...
While the Internal Revenue Service announced these 2025 changes last October, January is the month when the actual tax years collide; we're filing 2024 returns while also making moves to reduce our coming 2025 tax liability. So a look at the 2025 tax brackets is a good way to get the ...
While the Internal Revenue Service announced these 2025 changes last October, January is the month when the actual tax years collide; we're filing 2024 returns while also making moves to reduce our coming 2025 tax liability. So a look at the 2025 tax brackets is a good way to get the ...