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Because any change to the SALT cap benefits only taxpayers who itemize their deductions and pay more than $10,000 in state and local income or sales and property taxes, letting the cap expire ...
The 2020 articles showed that Trump paid just $750 in federal income taxes in 2017 and 2018. Trump paid no income taxes at all in 10 of the past 15 years because he generally lost more money than ...
Trump needs support in Congress to pass tax cuts that could cost the Treasury between $5 and $11 trillion, according to calculations by the government watchdog Committee for a Responsible Federal ...
Republicans who control the U.S. House of Representatives are trying to overcome internal differences on how to pay for President Donald Trump's sweeping tax cuts, with hardline conservatives ...
In recent weeks, some Republicans have backed down from calls for spending cuts to offset the cost of Trump's full tax-cut menu including eliminating taxes on tips, Social Security benefits and ...
In June, Trump floated the idea that revenue from tariffs could replace federal revenue from income taxes. And during a Fox News segment at a Bronx barbershop on Monday, Trump was asked if the U.S ...
WASHINGTON — Former President Donald Trump emphasized the importance of extending his signature tax cuts to some of the nation’s wealthiest political donors, according to a readout of his ...
Congress punted government funding for only three months, lengthening Trump’s already extensive to-do list for his first 100 days. “I think it’s kind of stupid,” Sen. Ron Johnson, R-Wis ...