Jan 10, 2025 · On Friday, the U.S. Treasury released a new analysis of the various ways that extending the expiring individual and estate tax provisions of Trump’s 2017 tax overhaul — known as the Tax Cuts and Jobs Act — could cost the government, and who would directly benefit the most from the legislation’s permanent extension.

3 days ago · Republicans have vowed to extend Trump's tax cuts from the 2017 Tax Cuts and Jobs Act, or TCJA, which are set to expire at the end of this year. The nonpartisan Committee for a Responsible Federal ...

4 days ago · A key economic priority for President Trump this year is to extend the provisions in his signature Tax Cuts and Jobs Act, a 2017 law that lowered tax rates for most Americans, before they expire ...

6 days ago · Extending the tax cuts he signed into law in 2017 alone is expected to cost $5 trillion. That has left Republicans casting about for ways to offset those costs. The budget panel’s menu of ...

Jan 8, 2025 · Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax increases that are currently scheduled to take effect in 2026.

Jan 17, 2025 · As Congress considers Trump’s tax-cutting agenda, state legislatures that are currently getting underway will be weighing whether — or how much — they can afford to reduce their own taxes while still funding core government functions such as …

Dec 20, 2024 · In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on...

Dec 30, 2024 · The Tax Cuts and Jobs Act of 2017 is set to expire at the end of 2025, but President-elect Donald Trump wants to extend expiring provisions like lower federal income tax rates.

Jan 17, 2025 · The legislation slashed marginal tax rates for almost every individual income bracket, created a larger standard deduction and expanded the child tax credit. For businesses, the law cut the ...

Nov 15, 2024 · President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.