Trump, Tax Cut and Republican bill
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Wall Street’s quiet corner is making noise again. While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s getting worried about how much more Washington is preparing to pile onto its spiraling mountain of debt because of its desire to cut taxes.
The latest GOP proposal raises the cap on deducting state and local taxes, a policy change backed by some Democrats
House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a self-imposed deadline to approve the legislation by Thursday.
A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth from tariffs will offset that gain.
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The Texas Tribune on MSNAnother big tax cut for Texas homeowners appears imminentProviding bigger tax breaks to homeowners is a key component of a deal brokered by Republicans in the Texas Legislature to lower tax bills for Texans.
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Despite a brief market scare, the richest 10 Americans got $365 billion richer over the past year, according to a new analysis from Oxfam.
Congressman Ryan Mackenzie joined the vast majority of House Republicans in voting in favor of President Trump’s multitrillion-dollar tax breaks package early Thursday morning, which now