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A mammoth tax debate that will dominate Washington in 2025 is already well underway in 2024. The latest example came Monday with a speech from Sen. Elizabeth Warren, the leading Massachusetts ...
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 ...
Increasing Taxes. Trump and Harris have both said they want to address the budget deficit, but they have very different ideas for raising revenue. Again, any tax law changes they offer would ...
And Biden wants to extend the majority of the Trump tax cuts, too, though he has advocated for hiking taxes on very high earners. Fact check: Biden said the U.S. trade deficit with China is at its ...
Americans will suffer if the incoming president adds tariffs as he says he will. Lawmakers should revoke that presidential power before he takes office.
Republican leaders in both chambers are mapping out an agenda for Donald Trump’s first 100 days back in office, and they expect to move quickly on a massive budget reconciliation package that ...
While the seven federal tax rates in the U.S. typically don't change year to year, the income tax brackets applied to each are tied to inflation; the highest tax rate now applies to single ...
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