Trump’s New Tax Cuts Could Shower Americans With Cash, for Now
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.
It Is Happening Every Day, Every Where
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.
House Republicans rolled out the first pieces of a roughly $4 trillion tax cut they hope to pass, including measures that would last just for President Trump’s term.
House Republicans are planning to include several of President Trump’s campaign promises in the first draft of the bill, which they hope to release soon.
President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.
The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.
The president reiterated a pledge to end taxes on tips, but the message was an afterthought as the president celebrated his blitz of orders in his first week in office.
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”