Trump, Republicans and tax cuts

Opinion
Why salty blue-state House Republicans are vital to saving Trump’s tax cuts
In the horse-trading to preserve Trump’s tax cuts, some House Republicans seek a SALT cap increase. Right now, the House has 219 Republicans; the special election to fill the seat of Republican Matt Gaetz of Florida will be held April 1. (Insert your preferred April Fools’ Day joke here.)
House Republicans push to extend Trump tax cuts amid Democratic pushback
House Republicans are pushing for extensions of the 2017 tax cuts enacted by President-elect Donald Trump. Here's what to know.
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.
GOP flirts with magical thinking on paying for Trump's tax cuts
GOP tax writers are gathering support for creative ways to make the price tag $0 for extending Trump's 2017 tax cuts. Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in spending cuts.
Republicans weigh 'magical thinking' to fund Trump's tax cuts: report
Republicans were reportedly resorting to "magical thinking" to push through an extension of President-elect Donald Trump's 2017 tax cuts, set to expire this year. The Tax Cuts and Jobs Act, signed into law by Trump in December 2017,
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Trump tax cuts dominate Scott Bessent treasury secretary confirmation hearing
Scott Bessent, President-elect Donald Trump‘s nominee for treasury secretary, defended the Trump tax cuts during his ...
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
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IRS ‘prepared’ for 2025 filing season, but potential spending cuts loom for the agency
For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table ...
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Commentary: The IRS faces more cuts under Trump. Here are three ways that could hurt the economy
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the ...
Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
IRS Commissioner Daniel Werfel says he'll step down on Trump's Inauguration Day
IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on ...
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Cuts to IRS budget under Trump could hurt the economy
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion ...