Latest in Cuts New Taxes
Sort by
2,132 items
-
To help pay for Trump tax cuts, new taxes on worker benefits become GOP target
The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income as a way to pay for tax cuts.CNBC - 10h -
Modi government rolls out tax cuts in effort to stimulate growth
Sweeteners for middle classes aimed at reinvigorating the world’s fifth-biggest economyFinancial Times - 1d -
What to know about "Where's my refund?" and the new 2025 tax brackets
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.CBS News - 3d -
Dems launch group to hit Trump on tax cuts
Organizers say the nonprofit will be backed by an eight-figure funding campaign.Politico - 3d -
IRS starts new tax rule for digital income
A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...CBS News - 5d -
IRS expands free tax filing program to new states: Are you eligible?
A free tax filing program from the IRS is now available in 25 states.The Hill - Jan. 26 -
Why Trump should forget about corporate tax cuts in his first 100 days
Corporate tax cuts are inflationary and could spell trouble for Republicans in the 2026 election.MarketWatch - Jan. 25 -
Corporate tax cuts don’t boost the economy — despite what many investors believe
Raising corporate taxes — not cutting them — frequently delivers faster economic growth.MarketWatch - Jan. 25 -
Rep. Don Bacon on Trump's proposed tax cuts, economic relief
On Wednesday, President Trump met with three House Republicans who kept their seats in districts that former Vice President Kamala Harris won. One of those lawmakers, Rep. Don Bacon of Nebraska, ...CBS News - Jan. 24 -
Paying for Trump's tax cuts could lead to big changes for taxpayers
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.CBS News - Jan. 24 -
Travel, grant and funding cuts ‘stifling’ US health agencies in new Trump era
Halts to external communications, publishing reports and reviewing and approving research a ‘dramatic shift’. US health agency employees are now banned from nearly all travel and certain agencies ...The Guardian - Jan. 24 -
-
CNN Cuts Jobs and Shuffles TV Lineup as It Enters New Trump Era
Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.The New York Times - Jan. 23 -
Trump: 'We have to get Democrats' to approve tax cuts
President Trump said Thursday he’s working with Democrats on extending and building off of his 2017 tax cuts — one of the top legislative priorities for Republicans, who are split on many of the ...The Hill - Jan. 23 -
After making cuts, new DOJ leadership tries to calm rattled national security team
Newly installed DOJ officials on Wednesday tried to ease concerns within the National Security Division after two of their top prosecutors were removed, sources said.ABC News - Jan. 23 -
What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.The New York Times - Jan. 23 -
How is gold taxed?
Gold investments fall into several tax categories, experts say. Here's what to know this tax season.CBS News - Jan. 23 -
Trump Plan to Swap Tariffs for Tax Cuts Faces Opposition in Congress
Tariffs only made up about 2 percent of annual revenue before.Inc. - Jan. 22 -
Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.CBS News - Jan. 22 -
Trump may use Medicaid cuts to fund tax reform. These states would be hit hardest.
President Donald Trump has long proposed cutting Medicaid, which covers healthcare for lower-income Americans.MarketWatch - Jan. 21 -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - Jan. 18 -
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 - Jan. 17 -
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 - Jan. 17 -
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 - Jan. 17 -
Mike Pence to Trump: cutting Taiwan support would ‘likely spark a new nuclear arms race’
Former vice-president makes surprise visit to Taipei and predicts that if China annexes its neighbour other Asia-Pacific countries will build nuclear arsenals. Mike Pence called on Donald Trump’s ...The Guardian - Jan. 17 -
Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
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 - Jan. 16 -
Meta to Cut 5% of Its Workers in New Round of Layoffs
The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the president-elect’s inauguration.The New York Times - Jan. 14 -
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 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 -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - 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 -
Square Enix Could Cut Off Game Services For Harassers With New Policy
To counter fan harassment of its employees, from voice actors to developers, Square Enix has implemented a new Group Customer Harassment Policy. The new policy states and defines "customer ...GameSpot - Jan. 10 -
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 -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - Jan. 8 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Patriots fire Jerod Mayo: Rob Gronkowski blasts New England for cutting ties with head coach after one season
Gronk was clearly shocked about New England's moveCBS Sports - Jan. 6
