WASHINGTON, Dec. 21 (Xinhua) -- U.S. President Donald Trump has been able to pass a major tax bill with relative ease, but experts say his next legislative battle -- likely a massive infrastructure bill -- won't be so easy. The GOP-led Congress this week passed a sweeping tax overha...
President Donald Trump signed new executive orders on Saturday that included a payroll tax holiday for workers. While that could mean bigger paychecks in the short term, it would also mean significantly less funding for Social Security. If he is able to
andNew York CityMayorBill de Blasio, as well as former New York City mayorMichael Bloomberg, among others. That large field was gradually winnowed to a smaller group of candidates who had gained significant early support, including the former mayor ofSouth Bend,Indiana,Pete Buttigieg, and Senator...
The U.S. Treasury estimated that the bill would bring in around $1.8 trillion in new revenue and projected economic growth of 2.9% a year, on average. With increased debt being the likely outcome of these tax cuts, it's important to understand how that debt affects the gross domestic prod...
President Trump signed the sweeping$1.5 trillion tax cut billminutes before he departed the White House for Mar-a-Lago Friday morning. "We're very proud of it," Mr. Trump said of the measure, adding that it contains "tremendous things" for businesses, for workers, for the middle class an...
WASHINGTON, Dec. 22 (Xinhua) -- U.S. President Donald Trump on Friday signed a 1.5-trillion-dollar tax cut bill into law, as well as a spending bill to keep the federal government running through January 19, 2018. The U.S. Congress this week passed the tax bill along party line, wi...
Former U.S. President Bill Clinton greets U.S. President Joe Biden during an event to mark the 30th anniversary (Feb. 5, 1993) of the Family and Medical Leave Act, in the East Room at the White House in Washington, February 2, 2023. ...
The Trump entities were found guilty of multiple counts of tax fraud and falsifying business records. The judge handed down the maximum sentence, a fine of $1.6 million. 12:16 a.m. 17:15:37, April 1, 2023 Pence says Trump indictment will "only serve to further divide" the...
The bill keeps seven personal income tax brackets and lowers that tax rates for most brackets, including dropping the top rate to 37% from 39.6%. December 18, 2017: H.R.228 - Indian Employment, Training and Related Services Consolidation Act of 2017 “This bill amends the Indian ...
Trump pledges to extend the tax cuts his administration enacted in 2017. The Tax Cuts and Jobs Act lowered the corporate tax rate from 35 to 21 percent, and Trump recently said he would like to bring down the corporate rate even further to as low as 15 percent. “We’ll do it again,...