The Latest Breaking News from Tax Cuts

Video shows pastors arrested in Capitol Rotunda prayer-against-Trump encore

The Independent was there as several religious activists were hauled away Monday for demonstrating against potential GOP cuts to Medicaid in President Trump’s ‘One Big, Beautiful Bill’

The Independent UK · Jun 2, 2025

Checking the math on White House, GOP claims about ‘Big Beautiful Bill’ - Roll Call

Republicans say the 'big beautiful bill' will reduce the deficit, but economists say making the tax cuts permanent will do the opposite.

Roll Call · May 30, 2025

Trump's Tax Reversal: Wealthy Face 39.6% Rate in Dramatic Policy Shift

Donald Trump proposes raising the top tax rate to 39.6% for Americans earning over $2.5 million, aiming to fund middle-class tax relief and reshape GOP tax policy.

International Business Times UK · May 30, 2025

GOP Senator Insists Trump's 'Big, Beautiful Bill' Will 'Mortgage Our Children's Future': 'It Has to Stop'

A Republican Senator recently established himself as a strong opponent to Donald Trump's "Big, Beautiful" spending bill, a comprehensive legislative Act which is inclusive of tax cuts, spending reforms, and policy changes.

Latin Times · May 28, 2025

Nigel Farage accused of ‘fantasy promises’ with expensive policy pledges

Reform UK leader unveils plans to reverse benefit cuts and bring in tax breaks without explaining how they would be funded

The Guardian - UK · May 27, 2025

Farage’s pledges to slash taxes don’t add up, top economists warn

Nigel Farage has pledged billions of pounds of tax cuts and painted Reform UK as the true ‘party of workers’

The Independent UK · May 27, 2025

Trump is going to get 'punched in the face' by markets if he pushes through spending bill without a plan for national debt and tariffs, says Wharton professor

Republicans argue that growth is the best way to rebalance America’s books, but economists fear that tax cuts may be the final nail in the coffin for national debt.

Fortune · May 27, 2025

U.S. economy will be growing faster than 3% this time next year, predicts Treasury’s Bessent

A combination of pro-growth trade policies, tax cuts, and deregulation will soon lead to a pickup in activity, according to the Trump administration, following a 0.3% annualized contraction in the first quarter.

Fortune · May 26, 2025

‘Fiscally irresponsible’: Trump’s ‘big, beautiful bill’ benefits the rich at the expense of the poor

Bill will make permanent huge tax cuts to the wealthy and cost the government $4.6tn over the next 10 years

The Guardian - US · May 24, 2025

Why Republicans are angry about Trump’s ‘big, beautiful bill’

President’s signature legislation moves to Senate after narrowly passing House but could face a raft of further objections on everything from tax cuts to Medicaid

The Independent UK · May 23, 2025