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Trump push to use tariffs to pay for tax cuts faces opposition in Congress
U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an unprecedented shift likely to face opposition from many of his fellow Republicans in Congress.
Tax Cuts: High on Trump’s Agenda, Nowhere in Speech
The tax cuts that were President Trump’s top first-term legislative achievement went unmentioned in his inaugural address, even though their extension will dominate the congressional agenda this year.
What Did the Trump Tax Cuts Do? Nobody Really Knows.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
Snopes on MSN
17m
Leaked Memo Shows Republicans Considering Sweeping Tax Changes
The 50-page list of suggestions from House Budget Committee Republicans includes tax increases for single parents, students ...
33m
Simu Liu Calls Trump’s Proposed Tax Plan Benefitting High-Income Earners “Really Shitty”
After realizing he would likely get a tax cut under the president's proposal, he said, "I believe I should pay taxes, and I ...
4h
Overtime tax cut return of investment greater than budget shortfall, Huntsville lawmaker says
Alabama House Minority Leader Anthony Daniels said the return of investment of the overtime tax cut is greater than a budget ...
1d
Republicans May End Student Loan Forgiveness, Healthcare Subsidies In Tax Cut Bill
Among the many items that are being evaluated for cuts are several student loan forgiveness and relief programs, as well as ...
1d
on MSN
NY Governor Hochul to Detail Tax Cuts in $252 Billion Draft Budget
New York Gov. Kathy Hochul (D) on Tuesday will propose a $252 billion spending plan with income tax cuts alongside an ...
New Jersey Globe
2h
Gottheimer lays out tax plan: lower property taxes, more tax credits, less bureaucracy
Rep. Josh Gottheimer (D-Tenafly) laid out an ambitious tax plan today that would slash New Jerseyans’ property taxes and ...
1d
Income Tax Cuts Advancing In Numerous State Capitals
More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will ...
mississippitoday.org
2d
Legislative recap: 2025 tax cut battle has been joined
Catch up with the latest from the Mississippi legislative session with our weekly recap from the politics team.
1d
on MSN
Council wants 9.9% council tax rise amid £153m cuts
Birmingham City Council is requesting permission from the government to raise council tax by 9.9% this year, at the same time ...
8h
Tony Evers' State of the State address will highlight tax cuts, $300M for youth mental health
Gov. Tony Evers plans to announce measures addressing out-of-pocket costs for families, according to his speech excerpts.
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Trump
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