The Latest Breaking News from Tax Cuts

Republican-run states see opportunity to push extreme policies under Trump

Emboldened red states could advocate for rightwing reforms from steep tax cuts to slashes to education

The Guardian - US · Jan 1, 2025

Global Markets Rode AI, Interest Rate Roller Coaster In 2024

Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for AI, falling interest rates, and hopes of tax cuts.

International Business Times · Dec 31, 2024

Italy’s far-right government wins final approval for its €30bn budget

Italy’s parliament has approved the government’s 2025 budget, worth a total of 30 billion euros — more than half of that in tax cuts and social security benefits for low-income citizens

The Independent UK · Dec 28, 2024

Keeping These Tax Cuts Is a Bad, Expensive Idea

Everyone loves lower taxes, but cutting them without reducing spending is bad news for the national debt.

Reason · Dec 12, 2024

End of Trump tax cuts would see 62% pay more—how Congress may respond

From lower federal rates to the cap on state and local property tax deductions, there is much at stake.

Fortune · Dec 10, 2024

A Taxpocalypse of Rising Rates Is Coming For Americans if Congress Doesn't Act

Here's how expiring tax cuts could affect you.

Reason · Dec 2, 2024

Trump and his GOP friends focus on tax breaks and deportations in his first 100 days

In preparation for Trump’s return, Republicans in Congress have been meeting privately for months and with the president-elect to go over proposals to extend and enhance tax breaks

The Independent UK · Nov 30, 2024

GOP Plans Ambitious 100-Day Agenda With Tax Cuts

Republicans plan to renew trillion in expiring tax cuts, focusing on benefits for higher-income households and proposing spending cuts on programs like ...

Top News · Nov 30, 2024

How Have Markets Reacted To Past US Tariff Hikes? Insights As Trump's Trade Threats Spurs Global Jitters

History shows that higher tariffs have been painful for the stock markets to digest, but President-elect Donald Trump's stand on increasing the tariffs seems undeterred, while some analysts call it a negotiating tool, others think that combining it with tax cuts could be good for the economy.

Benzinga · Nov 29, 2024

Trump And Musk Take Surprise Turn In Mission To Slash Government Spending

The switch to a more austere approach is contrary to Trump's first term when his tax cuts inflated the budget

International Business Times · Nov 28, 2024