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  2. How Would Trump Offer ‘Large Tax Cuts for Workers’? - AOL

    www.aol.com/trump-offer-large-tax-cuts-130047867...

    The act lowered most individual income tax rates, and increased the standard deduction. Additionally, TCJA increased the amount received for the child tax credit. However, TCJA is set to expire at ...

  3. Trump Won the Election: How His Tax Plan Could Affect the ...

    www.aol.com/trump-won-election-tax-plan...

    Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia.

  4. Low-ball - Wikipedia

    en.wikipedia.org/wiki/Low-ball

    Low-balling is also a form of tax evasion where a filer misrepresents the amount of taxable income on a tax return. It is most common in situations where the tax authorities reasonably expect taxable income to exist but cannot, without the taxpayer's cooperation, independently determine the amount for want of any reliable paper trail and/or other documentation.

  5. 'Be wary:' FBI warns shoppers of holiday scams as Black ...

    www.aol.com/wary-fbi-warns-shoppers-holiday...

    Steer clear of buyers who offer dodgy shipping arrangements, or who offer to avoid customs, taxes or fees. As well as risky payment arrangements like wire transfers or pre-paid gift cards. Dispute ...

  6. Tax Attractiveness Index - Wikipedia

    en.wikipedia.org/wiki/Tax_Attractiveness_Index

    A country's tax environment is considered as more attractive, the more the value of the index approaches one. The T.A.X. is an alternative measurement to the statutory tax rate, and can be considered to be a more accurate proxy for a country's tax environment. Many high tax countries, especially in Europe, offer extremely favorable tax conditions.

  7. Tax cut - Wikipedia

    en.wikipedia.org/wiki/Tax_cut

    Personal income tax cuts only lead to a momentary boost to GDP and productivity, having no long-term effect on the GDP as they trigger extensive but short-lived response of capital expenditure, productivity and output. The key to evaluating the effect of personal income tax cut is the variable labor utilization. [6]

  8. Your money, the economy, taxes might change in 2025 ... - AOL

    www.aol.com/money-economy-taxes-might-change...

    Catalysts include the reshoring of U.S. manufacturing, the increased use of electrification in vehicles and surging demand for data centers, which store email messages, computer files, databases ...

  9. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Total tax revenue (not adjusted for inflation) for the U.S. federal government from 1980 to 2009 compared to the amount of revenue coming from individual income taxes. The first individual income tax return Form 1040 under the 1913 [158] law was four pages long.