The Latest Breaking News from Tax Cuts

How The SALT Deduction Caps Squeezed Many Middle-Income Taxpayers

A single number — $10,000 — redrew the financial map for millions of households. When Congress passed the Tax Cuts and Jobs Act in late 2017, lawmakers lowered tax rates, nearly doubled the standard deduction, and promised broad relief. Yet one provision quietly shifted the ground under middle-income families in…

The Free Financial Advisor · Feb 23

Georgia Tax Proposal: Senate Leaders Push Long-Term Plan to Phase Out Income Tax

Checking your pay stub can feel like watching money drain through a crack in the floor. You work hard and do everything right, yet a chunk of your earnings disappears before it ever reaches your hands. It is no wonder so many Georgians feel squeezed by the rising cost of…

Budget and the Bees · Feb 15

Trump’s tariffs cancel out what he claims is ‘the largest tax cut in American history’: The average person will lose $300 even after refunds

“If the tariffs were out of the picture, it would be real relief for American workers and businesses,” the Tax Foundation’s Erica York told Fortune.

Fortune · Feb 12

I Asked ChatGPT for Trump Policy Impacts in 2026 — 3 Predictions for Middle Class

Trump’s tariffs, tax cuts and Medicaid reductions could raise costs and offer limited middle‑class relief, increasing inflation and financial strain.

GOBankingRates · Jan 24

₹92 per Dollar Isn’t Just a Number: Why a Weak Currency Makes Life Costlier in India

A weak rupee does not stay in currency markets. It quietly shows up in household budgets. When the rupee moves toward levels like 90 or beyond against the dollar, India starts paying more for fuel, food, education, healthcare, travel, and essential imports. Life does not feel expensive overnight. It feels…

Times Life · Jan 23

Japan's central bank holds rates steady after bond sell-off and ahead of elections

The Bank of Japan announced this Friday that its policy interest rate remains unchanged at 0.75%. The decision comes after a huge sell-off in Japanese bonds this week, triggered by Prime Minister Takaichi's call for snap elections, and unfunded tax cuts that fuelled inflation fears.

Euronews · Jan 23

Trump’s $2K Dividend Explained: Tax Cuts, Refunds or Direct Payments?

Sources say they would be similar to tax refund checks.

GOBankingRates · Jan 12

Greece introduces 2026 tax cuts aimed at families and young workers

Athens has lowered most income tax rates by two points and rolled out extra breaks tied to children and for younger workers, including zero income tax for under-25s earning up to €20,000.

Euronews · Jan 6

Dollar Climbs With T-Note Yields

The dollar index (DXY00 ) today is up by +0.27%. The dollar is stronger today as higher T-note yields strengthened the dollar's interest rate differentials. Also, comments today from Richmond Fed President Tom Barkin were supportive of the dollar when he said he expects tax cuts and deregulation to lift...

Barchart · Jan 6

Cathie Wood Says Trump's New Tax Cuts Will Be Like 'Reaganomics' On Steroids

ARK Invest CEO Cathie Wood is forecasting a historic economic boom driven by the incoming administration's fiscal policies, describing the landscape as “Reaganomics on steroids.”

Benzinga · Dec 9, 2025