Benefits of Trump Tax Plans Skewed Toward Wealthy Analysis
Sort by
Date
-
'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 -
Watch live: Senate Judiciary Committee examines Trump mass deportation plan
The Senate Judiciary Committee is set to probe President-elect Trump's plan to execute the largest deportation of migrants in U.S. history when he returns to office next month. The committee ...The Hill - Dec. 10 -
Trump doubles down on pitch of "concept of a plan" for health care
When pressed on his health care policy over the weekend, President-elect Donald Trump was unable to give specifics about a path forward. Political strategists Joel Payne and Matt Gorman join ...CBS News - Dec. 9 -
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 -
Trump outlines more plans for second term in White House
President-elect Donald Trump discussed tariffs, birthright citizenship and potential pardons for Jan 6, 2021, rioters during an interview regarding his first days in the White House for his second ...CBS News - Dec. 9 -
Trump details immigration plans, says he'll pardon Jan. 6 rioters
President-elect Donald Trump spelled out some of his initial plans for his incoming administration in his first post-election interview over the weekend. CBS News congressional correspondent Nikole ...CBS News - Dec. 9 -
Morning Report — What’s next in Syria; Trump’s Jan. 20 plans
In today’s issue: The stunning weekend collapse of Bashar Assad’s regime in Syria marked a “fundamental act of justice,” President Biden said on Sunday. The Assad regime’s end came after a 10-day ...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 says he still has ‘concepts of a plan’ for health care
President-elect Donald Trump defends his handling of the Affordable Care Act in his first White House term during an exclusive interview with Meet the Press.NBC 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 -
Texas aims to become key part of Trump’s immigration plans
For the past four years, Texas has made itself an adversary of the White House on immigration.NBC News - Dec. 7 -
Trump’s promise to tax imported goods could spell trouble for US auto industry
Automakers face uncertainty as top-selling vehicles, such as the Ford F-150 truck, are sourced from around the globe. Few vehicles are as emblematic of the American auto industry’s might as the ...The Guardian - Dec. 7 -
Trump’s IRS Pick Billy Long is Sweet on the Fraud-Plagued Employee Retention Tax Credit
Some lawmakers say Trump’s new pick to lead the Internal Revenue Service is “a bizarre choice.”Inc. - Dec. 6 -
Billy Long Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.
Since leaving Congress in 2023, Billy Long has peddled a pandemic-era tax credit that the I.R.S. has warned is a magnet for fraud.The New York Times - Dec. 6 -
Trump's pick for IRS commissioner, former congressman Billy Long, receives mixed response from Washington, tax community
President-elect Donald Trump will nominate former Missouri congressman Billy Long for IRS commissioner, which has received a mixed response.CNBC - Dec. 6 -
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 -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - Dec. 5 -
Trump team plans to deport some migrants to countries other than their own
The incoming Trump administration is preparing a list of countries to which it may deport migrants when their home countries refuse to accept them.NBC 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 -
Trump Business Plans Ethics Policy Without Banning Foreign Deals
The family business of President-elect Donald J. Trump is expected to announce some restrictions on transactions but is not likely to accept as many limitations as it did eight years ago.The New York Times - 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 plans to nominate Paul Atkins as SEC chair in crypto-friendly move
President-elect Donald Trump plans to nominate financier Paul Atkins to head the Securities and Exchange Commission.CNBC - 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 -
What we know about Trump's plans on foreign policy, tariffs
Tariffs for countries sending goods to the U.S. still appear to be part of President-elect Donald Trump's plans for his second term in the White House. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - 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 -
Kash Patel Has Plan to Remake the F.B.I. Into a Tool of Trump
President-elect Donald Trump’s pick to lead the F.B.I. has called for firing the agency’s top officials, shutting down its Washington headquarters and prosecuting journalists.The New York Times - Dec. 2 -
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