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Buried deep in the more than 1,000-page tax-and-spending bill that President Donald Trump is muscling through Congress is an obscure tax measure that’s setting off alarms on Wall Street and beyond.
Over the past decade, Washington has enacted President Donald Trump’s $1.5 trillion Tax Cuts and Jobs Act (TCJA), a bipartisan $1.7 trillion pandemic-response CARES Act and President Joe Biden ...
A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved by the Senate as a standalone measure, though it carries a ...
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill. By Andrew Duehren Reporting from Washington President Trump already has the ...
The sweeping tax bill passed by the House on Thursday morning is the cornerstone of the Republican Party’s economic agenda, with the potential to influence pocketbook issues like tax rates ...
The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Trump’s, with the help of Senate Democrats. Sen. Jacky Rosen (D-Nev.) ...
Pronto, a startup that lets users book cleaning, laundry, and home services within 10 minutes, has raised $2 million from Bain Capital at a valuation of $12.5 million as investors continue to ...
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off. By Tony Romm Reporting from Washington As Representative Jason ...
Pronto, one such startup that lets users book and avail cleaning, laundry, and home services within 10 minutes, is capitalizing on that change in consumer behavior, and it’s now come out of ...
An early version of the House GOP’s tax plan would cost nearly $5 trillion, according to a new estimate from Congress’s nonpartisan tax scorekeeper. The cost far exceeds what is permitted by ...
President Donald Trump instructed congressional Republicans this week to raise taxes on the wealthiest earners as part of his “big, beautiful bill,” rattling his party’s brittle consensus on ...
If President Trump wants to bring his plunging poll numbers back up, a sure fix is staring him in the face: He can push through his “big, beautiful” tax-slashing bill. Pronto. Trump met with ...
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