Trump, Republicans and Tax Cut
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CNET on MSNIs IRS Direct File Going Away? What the Trump-Backed Budget Means for the Free ServiceDirect File has come under fire during Trump's second term, and now it might be taking a final step toward the chopping block.
Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.
Republicans in the U.S. Congress advanced elements of President Donald Trump's sweeping budget package on Wednesday after an all-night debate, as a key committee voted to approve tax cuts that would add trillions of dollars to the U.
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.
President Donald Trump’s signature economic package took a major step toward becoming law when the House Ways and Means Committee approved trillions in new tax cuts for corporations, households and small businesses on a party-line vote.
An expansion of the child tax credit and new “MAGA savings accounts” for children are among the proposals in President Donald Trump’s budget.
House Republicans left tax increases on private equity firms and millionaires out of their sweeping tax legislation, two provisions endorsed by President Donald Trump that would have affected the wealthiest taxpayers.
The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.