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On his first day in office as the 47th president of the United States, Donald Trump issued a series of executive orders which rescinded many of the previous administration's executive actions, withdrew the U.S. from the World Health Organization and Paris Agreement, [1] rolled back federal recognition of gender identity, [2] founded the ...
List of executive actions by Barack Obama, EO #13489–13764 (2009–2017) List of executive orders in the first presidency of Donald Trump, EO #13765–13984 (2017–2021) List of executive actions by Joe Biden, EO #13985–14144 (2021–2025) List of executive orders in the second presidency of Donald Trump, EO #14145–present (2025–present)
As part of a larger tax initiative, President Trump has suggested a complete repeal of a contentious federal tax.
The effect of estate tax repeal depends on the relative magnitude of the changes in price and after-tax wealth; and the relative responsiveness of charitable bequests to changes in each. Estate tax repeal would have significant deleterious effects on charitable bequests and charitable giving during life.
At the end of 2025, significant tax cuts are expiring that were passed under the Trump administration through the Tax Cuts and Jobs Act (TCJA), often called the Trump tax cuts. Unless a new law is...
The TCJA introduced a federal lifetime estate and gift tax exemption of up to $13.61 million for single taxpayers in 2024 ($27.22 million for joint filers). This was more than double the previous ...
An analysis by The New York Times found that if Trump's tax plan had been in place in 2005 (the one recent year in which his tax returns were leaked), he would have saved $11 million in taxes. [203] The analysis also found that Trump would save $4.4 million on his eventual estate tax bill. [203]
With Trump’s tax cuts expiring, taxes could increase for most Americans after next year. ... That means if an individual inherits less than $13.61 million in assets, the estate tax is not a ...