Latest in Majority favors Trump proposal to end taxes on tips: Survey
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Child tax credit: Could the amount change during Trump's presidency?
President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the 47th president's administration might affect their Child Tax Credit.The Hill - 6h -
Trump Effectively Pulls U.S. Out of Global Corporate Tax Accord
Congress never approved a world agreement setting a 15 percent minimum corporate tax, and the new president’s memo on it said it would have no bearing on American companies.Inc. - 11h -
Trump threatens to double tax rates for foreign nationals and companies
President orders officials to draw up retaliatory measures against ‘extraterritorial’ taxesFinancial Times - 12h -
Trump signals major policy changes as he begins his second term
President Trump declared a national emergency at the border, was signing executive orders on border security and declaring an "energy emergency" that would allow him to encourage more oil and gas ...NBC News - 1d -
Majority favors Trump proposal to end taxes on tips: Survey
A majority of Americans favor President-elect Trump’s proposal to end taxes on tips, according to a new survey. In the poll from The Associated Press-NORC Center for Public Affairs Research, 54 ...The Hill - 1d -
ICE planning major enforcement operation in Chicago after Trump inauguration
Immigration and Customs Enforcement officials are planning a major operation targeting immigrants in Chicago after Trump's inauguration, according to a document reviewed by NBC News and a person ...NBC News - 3d -
Most voters in new survey seek toned-down Trump agenda
The majority of Americans in a new survey are seeking a toned-down agenda for President-elect Trump’s next term, which is set to start on Monday. A Wall Street Journal poll released Friday found ...The Hill - 3d -
Many Americans support Trump's agenda, but not the person: Survey
Many Americans support President-elect Trump’s agenda, including action on immigration and tariffs, but not the person himself, according to a new survey released on Saturday. The New York ...The Hill - 3d -
Trump moves inauguration inside, 'vast majority' of ticketed guests can’t attend
Trump's inauguration will be moving indoors Monday due to the freezing weather expected in Washington, D.C.ABC News - 4d -
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - 4d -
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 changes to programs like Medicare and Social Security in preparation for their ...The Hill - 4d -
What Did Trump’s Tax Cuts Do?
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.The New York Times - 4d -
How Trump’s Treasury Nominee Allegedly Avoided Nearly $1 Million in Taxes
Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary nomination.Inc. - 5d -
Cruz reintroduces bill exempting tips from federal taxes
Sen. Ted Cruz (R-Texas) reintroduced legislation to exempt federal taxes on tips in an effort to support service industry workers. “American workers in many industries rely on tipped wages to make ...The Hill - 5d -
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.CNBC - 5d -
Just 2 in 10 confident Trump can lower costs in first year: Survey
Only approximately 2 in 10 Americans say they are confident that President-elect Trump can lower costs in his first year in office, according to a new survey from The Associated Press-NORC Center ...The Hill - 5d -
What to Know About the E.V. Tax Credit That Trump Might Repeal
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.The New York Times - 5d -
Less than 2 in 10 confident Trump DOJ will act fairly: Survey
Less than 2 in 10 Americans are “extremely” or “very” confident President-elect Trump’s Department of Justice (DOJ) will act in a nonpartisan and fair manner, according to a survey released ...The Hill - 6d -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - Jan. 14 -
Trump's team is discussing a trip to survey the L.A. wildfire devastation
President-elect Donald Trump's team is engaged in conversations about his visiting Los Angeles to view the wildfire damage, two sources familiar with the discussions said.NBC News - Jan. 13 -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - Jan. 13 -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - Jan. 12 -
Trump has not responded to invitation to survey L.A. wildfire damage, Gov. Newsom says
During an exclusive interview with NBC News Correspondent Jacob Soboroff, California Gov. Gavin Newsom (D) says he wants President-elect Donald Trump to "take a look for himself" at the damage ...NBC News - Jan. 12 -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - Jan. 12 -
Mark Cuban Just Proposed a 20-Minute Daily Habit to ‘Destabilize’ Elon Musk, Mark Zuckerberg, and President Trump
Is there any downside?Inc. - Jan. 11 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
A Major Challenge for Trump’s Agenda: A Mercurial Coach Calling the Plays
The president-elect has admonished Republicans to stay united around his ambitious domestic policy plans. But his track record with Congress is one of abrupt turnabouts and last-minute blowups.The New York Times - Jan. 10 -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - Jan. 9 -
Canada on Trump's Proposed Union: Thanks, but Let's Just Be Friends
The president-elect’s comments about the U.S. annexing its northern neighbor were rejected by Canadians of all political stripes.The Wall Street Journal - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Meta will end its fact-checking policy in favor of community notes
Meta CEO Mark Zuckerberg announced the company will be ending its policy of fact-checking with trusted partners and replacing the program with a community-driven system similar to Community Notes ...NBC News - Jan. 7 -
Meta is ending its fact-checking program in favor of a 'community notes' system similar to X
Meta is scrapping its fact-checking program with trusted partners and replacing it with a community-driven system similar to X’s Community Notes, CEO Mark Zuckerberg said.NBC News - Jan. 7 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Schiff: Trump’s proposed January 6 pardons would 'send a terrible message about our democracy'
Sen. Adam Schiff (D-Calif.) joins Meet the Press to talk about the anniversary of January 6 and President-elect Trump’s plans to pardon those involved with the attack, calling it “the wrong way to ...NBC News - Jan. 5 -
GOP trust in election accuracy rises after Trump's victory: Survey
A growing number of Republicans say they’re confident that the votes in the 2024 presidential election were counted accurately in the wake of President-elect Trump's victory in November, according ...The Hill - Jan. 3