2025年1月10日 · On Friday, the U.S. Treasury released a new analysis of the various ways that extending the expiring individual and estate tax provisions of Trump’s 2017 tax overhaul — known as the Tax Cuts and Jobs Act — could cost the government, and who would directly benefit the most from the legislation’s permanent extension.

2025年3月6日 · If spending is not cut by $1.7 trillion, the cap on tax cuts will be reduced dollar-for-dollar; if spending is cut by more than $1.7 trillion, the cap on tax cuts will be increased by the same. On February 21, 2025, the Senate approved its own budget resolution to start the reconciliation process, but it does not permit any tax cuts.

2025年1月28日 · The Trump administration hopes to make key tax policy changes for both individuals and corporations, including eliminating income tax. Certain tax changes will have a positive effect, experts...

1 天前 · Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's currently a $10,000 limit on the federal deduction on state and local taxes, known as SALT. Residents who itemize tax breaks cannot ...

1 天前 · The tax cuts would average 3.2% of after-tax income for the top 1% of households, compared with 1.3% for the middle 20% of households. In that same address, Trump falsely claimed that if the TCJA ...

2025年1月23日 · The TCJA (Tax Cuts and Jobs Act) is a sweeping tax overhaul that reduced tax rates, changed processes, and restructured individual and corporate tax frameworks.

2024年10月28日 · Tax cuts reduce government revenues and create a budget deficit or higher sovereign debt. The federal tax system relies on several taxes to generate revenue, including...

2024年12月20日 · In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on...

2 天之前 · TRUMP: $3.2 trillion, just think of it, in tax cuts for American families, including doubling the standard deduction and doubling the child tax credit. The typical family of four earning $75,000 ...

2024年10月24日 · If Congress allows the Tax Cuts and Jobs Act (TCJA) to expire as scheduled, most aspects of the individual income tax would undergo substantial changes, resulting in more than 62 percent of tax filers experiencing tax increases in 2026.