Trump’s Tax Plans

Three scenarios for how Republicans could approach cutting taxes next year.

Top stories - The New York Times - 9 hours ago

Here's how Harris and Trump's tax plans would impact your taxes

Harris and Trump both have proposed historically large tax overhauls. Here's what to know.

Here’s what can stall Trump’s tax and tariff plans

Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.

Business - MarketWatch - November 6

Trump tax plans could exempt 93 million Americans from income taxes

Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly House of Representatives.

Business - CNBC - October 21

Trump promised no taxes on Social Security benefits. It's too soon to plan on that change, experts say

Even with Trump win and a Republican majority, plans to nix taxes on Social Security benefits may still face hurdles.

Business - CNBC - November 6

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - November 8

From higher tariffs to lower taxes, will Donald Trump’s economic plan pay off?

There is a strong chance the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest rates. Business live – latest updates It’s the economy, ...

World - The Guardian - November 8

Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety

One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.

Business - MarketWatch - 3 days ago

Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle

President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.

Business - CNBC - 12 minutes ago

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

UK savings plans overhauled with planned pension tax changes

Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regime

Business - Financial Times - October 31

The Papers: Reeves' plan for 'freeze on tax thresholds' and 'Cheryl's heartache' over Liam

Rachel Reeves could freeze the income tax threshold from 2028, according to several papers, while others splash on the aftermath of Liam Payne's death.

French pilots to strike over planned ticket tax hikes

World - Yahoo News - November 8

Trump's big tariff plans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...

Politics - The Hill - October 25

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Trump’s Tax Proposals Face a Fiscal Reckoning

Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.

Business - The New York Times - November 7

Mark Cuban speaks out against piece of Harris' tax plan while campaigning for her

Mark Cuban said Saturday while campaigning for Kamala Harris that he would campaign against her if he thought she would tax wealthy people’s “unrealized gains,” which is part of the tax plan she ...

Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget

Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax — a levy on investment profits.

Business - CNBC - October 21

Inside Donald Trump’s plans for the world

Also in today’s newsletter, the fallout from the former president’s closing argument and Democrats chip away at Wisconsin’s WOW counties

World - Financial Times - October 29

Ukraine’s plan to win over Trump

Ukraine seeks to earn US president-elect’s favour with natural resources and troop deployments

World - Financial Times - 2 days ago

The IRS reveals your 2025 tax brackets as Trump’s tax cuts are set to expire

The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.

Business - MarketWatch - October 22

Trump tariffs: These states would be hit hardest by proposed import taxes

Donald Trump’s most controversial economic-policy proposal is to institute a 10% tariff on all products and materials imported from abroad, a move that would upend decades of U.S. trade policy and ...

Business - MarketWatch - October 18

The Deciders: Nevada workers skeptical over Harris and Trump’s ‘no tax on tips’ promise

NBC News Correspondent Steve Patterson joins Meet the Press NOW to report on how Nevada’s service and hospitality workers are reacting to Vice President Harris and former President Trump both ...

Politics - NBC News - October 17

Trump’s tariffs pose a greater risk to markets than his tax cuts

They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the potential for widespread retaliation.

Politics - The Hill - October 18

Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview

Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.

Business - CNBC - October 26

Vance says eliminating federal income taxes is not ‘realistic’ as Trump floats it

Donald Trump has floated the idea of eliminating the federal income tax. In an interview with Meet the Press, his running mate, JD Vance, says the idea is not “realistic,” calling it an ...

Politics - NBC News - October 27

Trump, Harris tax-break costs soar to more than $12 trillion

Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...

Business - MarketWatch - October 29

Trump proposes eliminating the income tax. Here's what experts think.

Experts cast doubt on whether the lost revenue could be replaced with tariffs.

Where do Trump and Harris stand on housing, taxes and other policies?

Polls show US voters unhappy about the economy, their top election concern. How would the presidential candidates address economic issues such as cost of living and labor?. The economy looms ...

World - The Guardian - October 29

What Trump's return to the White House could mean for the economy and taxes

Voter frustration with their economic lives was central in propelling Donald Trump to a second term.

Trump has a ‘super clear’ mandate on taxes — but here’s why it’s not a done deal

If tax policy is a poker game, the open matter of House control is a valuable chip.

Business - MarketWatch - November 7

Trump win puts global corporate tax deal ‘in peril’

Experts believe that countries will now be unlikely to apply rules over fears of retaliation from Trump-led administration

Business - Financial Times - 5 days ago

Trump's tariff proposal needs a makeover: A border-adjusted tax

President-elect Donald Trump's proposed tariff policy could be replaced by the Destination-Based Cash Flow Tax, which would tax cash associated with U.S. consumption while exempting cash associated ...

Politics - The Hill - 3 days ago

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