Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them.
President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.
Income Tax
GOP Gambles on Budget Plan That Helps the Rich and Cuts Aid to the Poor
The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.
Trump Takes Victory Lap in Las Vegas With Speech on Ending Taxes on Tips
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.
How the Debt Could Hamstring Trump’s Agenda
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
Trump Pitches External Revenue Service to Collect Tariffs: What to Know
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”