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Trump Wants To Give The Wealthy Another Tax Cut With No Vote In Congress - Latest News

Trump Wants to Give the Wealthy Another Tax Cut, With No Vote in Congress

The Trump administration is considering a plan to cut taxes for investors. The idea would be to index capital gains for inflation, so that rather than tax the entire gain of an asset, an investor ... read more

Are You Rich? Trump Wants to Give You Yet Another Tax Cut!

The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally tenuous ... taking this approach and what we want to accomplish in ... read more

Does the Trump tax cut give 83 percent of the benefits to the top 1 percent?

“No, it’s a fact,” Cicilline shot back. Bartiromo is a conservative, and Cicilline is a Democrat. This is yet another example of how Democrats and Republicans talk past each other when they discuss ... read more

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Senate approves major tax cuts in victory for Trump

Trump ... in Congress. In a legislative battle that moved so fast a final draft of the bill was unavailable to the public until just hours before the vote, Democrats slammed the proposed tax cuts as a ... read more

Trump Economist Wants to Give Rich People Another Tax Break, Without a Vote in Congress

And since Democrats aren’t about to support another tax cut for ... would give rich people a windfall for no serious economic benefit. The Congressional Budget Office published a paper analyzing it ... read more

Trump promises big tax cuts, but GOP-led Congress is already thinking about scaling back

President Trump promised the largest tax cut in history, but as he hit the road Wednesday to promote the plan, Republicans in Congress were quietly ... about 20 in the House if no Democrats join in ... read more

Trump administration considers tax cut for the wealthy

with big benefits going to wealthy Americans and businesses. Despite mounting worries from lawmakers about the growing federal deficit, Trump said earlier this year that Congress was going to try to ... read more

Trump’s latest broadside at Democrats actually reveals a big weakness

The plan went “poof,” and Trump’s biggest accomplishment since has been a massive tax cut largely for the wealthy and ... those weaknesses. No question, Democrats would also like to get such deals. ... read more

The Trump-Goldman Sachs Tax Cut for the Rich

Like so many other distortions of the truth, Trump claimed his plan would benefit the middle class, not the rich—the ... the Bush tax cuts of the prior decade for another ten years. That cost a ... read more

In an Odd Move, Trump Shifts His Banking Business to a Small Firm in Florida

But personal financial disclosures filed by Trump covering 2017 and 2018 show that Trump no ... want to accomplish in "Corruption Isn't Just Another Scandal. It's the Rot Beneath All of Them," and if ... read more

Trump's tax cut forgot a basic rule of politics

But the Trump administration did themselves no favors by burying the pocketbook impact of their tax cut in the complexities ... benefit of the rich. What's holding back the Democrats is more difficult ... read more

Congress And Trump Are Spending Money And Cutting Taxes Like There Is No Tomorrow

He called it “property tax relief” and apparently broke no Illinois campaign finance laws. Congress and President Trump spent ... More tax cuts This week, Ways & Means Chair Kevin Brady (R-TX) also ... read more

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