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“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%.”
ANALYSIS: Democrats have offered little pushback to Trump since he won. Now, Eric Garcia reports, they’re preparing for battle Trump’s funding freeze pushes Democrats over the edge
3. Harris wants to scale up tax credits for families and first-time homebuyers, while Trump wants to create new tax breaks. Trump’s Tax Cuts and Jobs Act expanded the child tax credit (CTC) for ...
Trump also said he would restore the state and local tax deduction, which lets taxpayers deduct such payments from their federal taxes, something that hits harder for affluent households in higher ...
The 2017 Trump-era law lowered that tax rate to 21% from 35% but made the level permanent and technically not up for debate next year. ... with Republicans pushing for further lowering and ...
Trump has said he plans to offer tax breaks for oil, gas and coal producers. He also plans to remove a significant amount of the Inflation Reduction Act, the largest climate measure in U.S. history.
On the campaign trail, Trump promised a variety of tax breaks, including removing the TCJA’s $10,000 cap on the deduction for state and local taxes, and eliminating taxes on tip income, overtime ...
“The problem right now is too many people chasing too few houses ... And like Trump, she’s promised to end taxes on tips. She’s also pledged not to raise taxes on households making less than ...