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Trump, tax cut and Congress
These tax cuts will go away without action by Congress and Trump
President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could add trillions to the federal deficit.
With Trump’s election, extending expiring tax cuts should be ‘easy’
P resident elect Donald Trump and Congressional Republicans have virtually all of the conditions they need to extend the individual tax cuts that are set to expire at the end of n
Mike Johnson says Congress needs to figure out the math behind Trump's tax cuts on tips
The President-elect said in September that ditching taxes on overtime pay would give "people more of an incentive to work."
Trump Has Proposed Nearly $8 Trillion in Tax Cuts. What Happens Now?
With Donald Trump's win of the presidency Tuesday, political watchers say one of his top priorities will be making his expiring tax cuts under the Tax Cuts and Jobs Act of 2017 permanent.
Extension of Trump Tax Cuts Hinges on Makeup of the House
With many provisions of the 2017 tax cuts set to expire at the end of next year, the still-unknown makeup of the House could go a long way toward determining what a deal looks like.
Johnson puts renewing Trump tax cuts at the top of Congress’s agenda
Johnson said that renewing Trump's tax cuts would be at the top of Congress's agenda after Trump takes office in January.
Opinion
A Better Way to Pay for Extending the Trump Tax Cuts
A potential solution exists that would keep US debt from spiraling out of control and should be acceptable to Republicans because they floated it not too long ago.
Johnson on eliminating tax on tips: ‘We’re going to try to make that happen’
House Speaker Mike Johnson tells CNN’s Jake Tapper that President-elect Trump’s vow to eliminate tax on tips is “an important promise.”
House Speaker Mike Johnson shared remarks about Trump’s income tax pledge
House Speaker Mike Johnson indicated caution over Donald Trump’s proposal about cutting income tax on tips. Johnson stated that Trump’s key campaign pledge would need a financial backup to become possible.
Johnson Says Congress Will ‘Do the Math’ on Key Trump Tax Pledge
House Speaker Mike Johnson said Donald Trump’s plan to end income tax on tips would have to be paid for, injecting a note of caution into one of the president-elect’s key campaign pledges.
Think Advisor
12h
What's Next for Trump's Tax Cuts? One Wealth Advisor's Take
Tax
-rate reductions in the
Tax
Cuts
and Jobs
Act
of 2017 are set to expire at the end of 2025. But, according to ...
InvestmentNews
15d
For some advisors, the expiring Tax Cuts and Jobs Act is the biggest issue going into the election
If given the power to change a single industry issue, addressing the expiring Tax Cuts and Jobs Act of 2017 is what wealth ...
Investopedia
16d
What Is the Tax Cuts and Jobs Act (TCJA)?
The
Tax
Cuts
and Jobs
Act
(TCJA) was a major overhaul of the
tax
code, signed into law by President Donald Trump on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017, by a party-line vote ...
Opinion
8d
on MSN
Opinion
Trump’s plans to extend tax cuts, slash red tape will likely spur economic growth − but at a cost
The economy was one of their top issues as voters went to the polls this year. So what does Donald Trump’s return to the ...
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