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While many House Republicans and tax-cut advocates say the GOP should start with a tax bill, GOP senate leadership and some Trump advisers want to kick off 2025 with a border security measure.
Jeffries’s fellow Democrat, Sen. Chris Murphy (Conn.), accused Trump of wanting Democrats to agree to raise the debt ceiling “so he can pass his massive corporate and billionaire tax cut ...
Harris has said she’ll push to increase the corporate tax rate to 28%, up from the 21% put in place through the TCJA. Harris also proposed increasing taxes on high-income people, raising the top ...
“If you make less than $100,000, Trump is about to raise your taxes,” the ad says. “Currently, you’re taxed at 10% and then 12%. He would raise that to a flat rate of 15%.”
Democrats earlier this month argued Trump's call for an immediate increase or elimination of the debt limit was motivated by his desire to make room for a new round of tax cuts that likely would ...
President Biden and Democrats have derided the law as a tax cut for the rich — but Bessent countered that working- and middle-class Americans would bear the brunt of the economic disruption ...
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the “big ...
Donald Trump's 2017 individual tax cuts expire at end of 2025. ... "Given how much the Biden administration has committed to not raising taxes for those making less than $400,000, it would be a ...