Benefits of Trump Tax Plans Skewed Toward Wealthy Analysis
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Steve Bannon supports increasing taxes on the wealthy
President-elect Trump’s onetime White House adviser Steve Bannon said in an interview he supports increasing taxes on the wealthy and corporations. "I’m for a dramatic increase in corporate taxes. ...The Hill - 1d -
Jeffries: GOP led by wealthy 'puppeteers'
House Minority Leader Hakeem Jeffries (D-N.Y.) slammed GOP leaders Thursday evening after the Republicans' Trump-backed plan to fund the federal government and raise the debt ceiling was trounced ...The Hill - 2d -
Alberta's premier responds to Trump's trolling by saying Canada's oil helps make America wealthy
Alberta’s premier responded to President-elect Donald Trump’s trolling of Canada by saying the trade deficit with the country is due to billions of raw materials being sent south which creates ...ABC News - 3d -
Trump's mass deportation plans face challenges
President-elect Donald Trump hopes to move quickly on mass deportation plans he promised during his 2024 presidential campaign. CBS News' Camilo Montoya-Galvez breaks down the challenges ahead for ...CBS News - 4d -
Journalists anticipate a renewed hostility toward their work under the incoming Trump administration
When Donald Trump takes office as president for a second time, many journalists anticipate a hostile climate toward them and their workABC News - 5d -
Trump denounces Biden decision to let Ukraine fire American missiles toward Russia
President-elect Donald Trump denounced President Biden's decision allowing Ukraine to fire long-range American missiles into Russia. Trump's comments were part of a press conference about various ...CBS News - 5d -
Senate plans to vote on bill that would increase Social Security benefits for some pensioners
People who receive income from public pensions may have their Social Security benefits reduced. The Senate may soon vote to eliminate those rules.CNBC - 6d -
Trump's tax plan is uncertain for 2025 — here are key lessons from his 2017 tax overhaul
Trillions in Trump's tax cuts will expire after 2025 without action from Congress. Here are key lessons from his 2017 tax overhaul.CNBC - Dec. 14 -
Here's what Trump's plans to extend his tax cuts could mean for you
President-elect Donald Trump has said he wants to extend the 2017 tax cuts, plus throw in a few more. Here's what to know.CBS News - Dec. 13 -
Your New Year’s Resolution? Get Ready for Trump’s Tax Code Changes
The coming expiration of Trump’s 2017 tax cuts and other proposed tax changes are issues you should discuss with your accountant.Inc. - Dec. 13 -
Trump shifts strategy on tough confirmation battles, to Hegseth's benefit
Trump World is congratulating itself on a stunning turnaround in Pete Hegseth’s chances of winning confirmation to lead the Pentagon, an effort they credit to Vice President-elect JD Vance, Hegseth ...The Hill - Dec. 12 -
Republicans clash over 'SALT' deduction as they seek to extend Trump's tax law
Some House Republicans are demanding an increase to SALT deduction in order to support an extension of President-elect Donald Trump's tax law next year.NBC News - Dec. 12 -
Canada’s Plan To Avoid Trump’s Tariffs Takes Shape
Two weeks after a Mar-a-Lago dinner with Donald J. Trump, details of Prime Minister Justin Trudeau’s plan to stave off a showdown with the United States are emerging.The New York Times - Dec. 12 -
Australia plans to tax digital platforms that don't pay for news
The Australian government says it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organizationsABC News - Dec. 12 -
Trump’s Tariff and Immigration Plans Threaten Your Guacamole
Trump’s immigration and tariff plans will strain American farming and raise the prices you see at the store.The New York Times - Dec. 11 -
Texas intends to lease land for Trump’s deportation plans
Texas Land Commissioner Dawn Buckingham said she has offered a 1,400-acre ranch on the Texas-Mexico border and intends to lease it to the Trump administration for its mass deportation plan. ...The Hill - Dec. 11 -
Biden Says Trump’s Tax Cuts and Tariffs Would Be ‘a Major Mistake’
The president also said his successor would face blowback from the Republican Party if he tried to unwind the Biden agenda.The New York Times - Dec. 10 -
'Friendlier climate toward new technology’ expected under Trump, venture capitalist says. What that means for AI, crypto
In 2025, generative AI may start to fulfill its potential and allow for cryptocurrencies to be traded 'more freely,' venture capitalist Bradley Tusk says.CNBC - Dec. 10 -
Senate Democrats gauging interest in bill to extend tax benefits to Taiwanese companies
Senate Democrats are considering a bill to give tax breaks to Taiwanese companies, gauging interest in using a fast-track process to pass it into law. The tax benefits for Taiwan were included as ...The Hill - Dec. 9 -
The benefits and limits of privatisation
We can draw important lessons from the UK’s varied experienceFinancial Times - Dec. 9 -
How low-income DC residents can benefit from a second Trump administration
Mayor Muriel Bowser is open to working with the incoming Trump administration to benefit working-class residents of Washington, D.C., with potential areas for collaboration.The Hill - Dec. 8 -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - Dec. 8 -
Trump’s tariff plan is bad policy and bad politics
Last month, President-elect Donald Trump announced that on his first day in office, he will impose a 25 percent tariff on all products from Canada and Mexico and an additional 10 percent on China. ...The Hill - Dec. 8 -
Analysis: At dueling Mideast forums, officials ask what will happen when Donald Trump takes office
At glittering ballrooms in the Mideast this weekend, discussions of the wars and chaos gripping the region gave way to one central question: What’s going to happen when U.S. President-elect Donald ...ABC News - Dec. 7 -
Is the Urban Shift Toward Trump Really About Democratic Cities in Disarray?
Big cities have faced serious problems lately. But there’s little evidence those problems are what drove voters to the right in November.The New York Times - Dec. 6 -
No plan for more tax rises but we can't rule it out - Starmer
The PM says voters can judge him at the next general election on whether their living standards have improved.BBC News - Dec. 6 -
Olympics leader Bach talks up working with President-elect Trump toward 2028 Los Angeles Games
IOC president Thomas Bach says Olympic leaders are “very confident and relaxed” about working with the incoming Trump administration ahead of the 2028 Los Angeles Summer GamesABC News - Dec. 5 -
Trump’s populist 'mandate' could disrupt business tax reform wish list
Congress, and the GOP, has changed since then-President Trump and Republicans crafted the 2017 Tax Cuts and Jobs Act. And while Speaker Mike Johnson (R-La.) and GOP leadership are gunning to get a ...The Hill - Dec. 5 -
Top Republicans collide on strategy for Trump tax agenda
House and Senate Republicans are clashing over how to advance President-elect Trump's tax agenda after incoming Senate Majority Leader John Thune (R-S.D.) offered a plan that would put off tax ...The Hill - Dec. 5 -
On Trump tax cuts, energy and immigration plans, clash emerges between House, Senate GOP leaders
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - Dec. 5 -
What happens if Trump ends the electric vehicle tax credit?
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, ...CBS News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Sadiq Khan warns UK leaders not to be ‘sycophantic’ towards Trump
London mayor’s comments come as he backs FT seasonal appeal with Magic Breakfast charityFinancial Times - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - Dec. 3 -
Trump team outlines inauguration benefits for donors
President-elect Trump’s team outlined the Trump-Vance Inaugural Committee benefits for donors over the Jan. 20 weekend, which include a reception with Cabinet picks, a Sunday service and the ...The Hill - Dec. 3 -
Village People singer: 'YMCA' has 'benefited greatly' from Trump's use
A singer and co-writer on the Village People megahit "Y.M.C.A." says the 1978 tune has "benefited greatly" from being a favorite on President-elect Trump's playlist. In a Monday post on Facebook, ...The Hill - Dec. 3 -
Trump threat and mounting dangers in Mexico drive migrant rush towards US
People waiting in Tapachula by Guatemala border fear Trump’s election could worsen crisis and spur northward flight. Outside the migration office, Tito subtly pointed out the watchful human ...The Guardian - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2