Trump wants to extend his 2017 tax cuts - CBS News
Dec 13, 2024 · But if that provision expires, the standard deduction would shrink to $8,350 for single filers in 2026 and $16,700 for joint filers, according to the Tax Foundation.
Trump has promised lower taxes: 3 ways it could impact you : NPR
Nov 26, 2024 · President-elect Donald Trump, seen here on Nov. 13, has promised a range of tax cuts. But those cuts come with a price. On the campaign trail, Donald Trump promised to put more money back in...
$3.4 trillion in individual tax cuts are expiring next year ... - CNN
Jun 13, 2024 · More than $3.4 trillion in individual income and estate tax cuts – heralded by Republicans for spurring economic growth and largely decried by Democrats for disproportionately benefitting the...
Tax Changes are on Trump's 2025 To-Do List - Kiplinger
Nov 9, 2024 · With a president-elect bullish on lower taxes, and many federal tax provisions ending after 2025, the odds for a big tax package couldn’t be better. Donald Trump will move fast on tax...
These parts of Donald Trump’s tax cut law expire in 2026 - The Hill
Dec 4, 2024 · Here’s a look at the big-ticket items from the more than two dozen tax laws that are expiring at the end of next year. Several marginal income tax rates are set to increase in 2026 in what...
Republicans headed for a $4.6 trillion brawl over Trump tax cuts
Nov 29, 2024 · As discussions intensify on Capitol Hill over reupping President-elect Donald Trump’s signature tax cuts, Republicans are headed for a massive fight over what could be a nearly $5 trillion...
Can President Trump really 'end all taxes' on overtime pay?
Nov 15, 2024 · Millions of American workers could be impacted by a change in policy on how these earnings are taxed, and not just lower-wage workers but higher earners who put in a lot of overtime.
Revenue Implications of Tax Cut and Jobs Act Provisions in 2025
2 days ago · TCJA tax reforms in 2017 boosted consumer spending and business production through individual tax rate cuts and capital investment incentives in the short run. This economic stimulus propelled annual gross domestic product (GDP) growth from 2.4 percent in 2017 to 2.9 percent in 2018. However, as the initial surge in low-income household ...
Tax Cuts: Latest News, Top Stories & Analysis - POLITICO
Britain's new leader has U-turned. Will it be enough? What tax cut? GOP risks selling an invisible policy change. Are tax cuts worth adding $1 trillion in debt?
House, Senate GOP battle over length of Trump tax cut extension
Nov 26, 2024 · House Republicans are pushing back on Senate GOP negotiators over how long to extend President-elect Trump’s tax cuts, which are due to expire at the end of 2025.