Stories Tagged as
Tax cuts
Tax plan math: how middle class and corporate tax cuts square with deficit reduction goals
Jul 26, 2017
President Donald Trump wants the top U.S. corporate tax rate cut to 15 percent, as well as tax relief for middle-income Americans, he told the Wall Street Journal. The president also indicated a willingness to increase some taxes on rich Americans. But those cuts risk adding to the deficit over the next ten years. And […]
Trump tax plan is heavy on cuts but light on details
Apr 26, 2017
Those cuts have to be paid for, and the president may have trouble getting Republicans on board.
Rep. Brady on tax reform: 'We're going to get this done this year'
by
Kai Ryssdal
Apr 24, 2017
The chairman of the House Ways and Means Committee believes the government won't shut down Friday.
What it might mean if Trump succeeds in cutting the business tax rate
Mar 16, 2017
President Donald Trump reminded Fox News’ Tucker Carlson last night that he aims to bring taxes “way down” on businesses, from 35 percent to 15 percent. But a lot of companies don’t pay 35 percent, because they take deductions and exclusions to shave their tax bill. A drop in the overall tax rate could make […]
When is a health care bill not a health care bill? When it's a tax bill.
Mar 14, 2017
The GOP health plan includes $600 billion in tax cuts for the health industry and wealthy Americans.
Trump administration hopes to pass tax reform by August
Feb 23, 2017
U.S. Treasury Secretary Steven Mnuchin said the administration is hoping to pass major tax reform legislation before Congress leaves for its August recess. President Donald Trump has set ambitious goals of economic growth of 3 percent or higher, rates not seen in over a decade. Mnuchin said the administration will achieve this through a combination […]
For public good, not for profit.
It could be a very good holiday for U.S. charities
Dec 1, 2016
Charities could see a bump up in donations this month. That’s because wealth advisers are telling their clients to increase their giving now, before likely changes to the tax code next year. On his website, Donald Trump says he’ll cut the top tax rate to 33 percent. And he wants to cap itemized deductions for […]
2001 tax cuts fifteen years later
by
Andy Uhler
Mar 8, 2016
It’s tough to simply blame tax cuts for the state of the economy.