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Trump’s tax and tariff plans could mean lower taxes for some Americans and higher costs for others. ... One of the biggest TCJA changes was slashing the corporate tax rate from 35 percent to 21 ...
U.S. President-elect Donald Trump will retake the White House with ambitious plans for broad import tariffs, immigration restrictions and additional tax cuts that analysts see delivering a short ...
Signed into law Dec. 22, 2017, the Tax Cuts and Jobs Act (TCJA) -- informally known as the Trump tax cuts -- contained a number of changes to individual tax rates that are set to expire after 2025....
“He intends to enact what in effect is a national sales tax — call it a Trump tax — that would raise prices on middle-class families by almost $4,000 a year,” the Vice President stated.
According to the Tax Foundation, Trump’s proposed tax cut would reduce tax revenue by about $1.4 trillion from 2025 to 2034, measured on a conventional basis.
The pledge on tips, revealed at a sweltering outdoor rally in Las Vegas where temperatures reached 100 degrees, adds one more detail to a Trump tax plan that has included vague pledges of tax ...
“A vote for Trump is a vote for no tax on tips!!” he wrote on his receipt. He tipped $400 on a $1,143 bill at a pricey steakhouse, according to the photo. Associated Press writer Jonathan J ...
That 2017 law also lowered the federal corporate tax rate to 21%. Trump now wants it even lower and has settled on 15%, calling it a "Made in America tax credit."