Similar Stories to Trump’s 2017 Tax Cuts Made Income Inequality Worse. Here’s How on Bing News

Trump’s 2017 Tax Cuts and Jobs Act has disadvantaged middle-income, low-income and Black taxpayers in several ways. The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025, it’s worth gleaning lessons from the president-elect’s first set of cuts.

Topics:  trump s   black   the tax cuts   donald trump   dec   as trump   republicans   tax cuts   jobs act   income   set   
BING NEWS:
  • Trump’s 2017 tax cuts made income inequality worse. Here’s how
    The 2017 cuts were the most extensive revision to the Internal Revenue Code since the Ronald Reagan administration. The changes it imposed range from the tax that corporations pay on their foreign ...
    12/20/2024 - 9:00 pm | View Link
  • Revenue Implications of Tax Cut and Jobs Act Provisions in 2025
    Now that the election frenzy is over, policymakers must decide the fate of the 2017 Tax Cuts and Jobs Act’s expiring provisions. The president-elect supports extending the TCJA, despite an expected ...
    12/19/2024 - 6:01 am | View Link
  • Accountable.US: Trump IRS Pick Billy Long Took $248,500 From 17 Top Tax-Avoiders
    Accountable.US has found that Long’s Congressional campaign committees took $248,500 from 17 top tax-avoiding corporations. These 17 companies paid ...
    12/19/2024 - 12:39 am | View Link
  • Outgoing Washington governor suggests ‘wealth tax’ to avoid cuts to education and police
    Outgoing Washington Gov. Jay Inslee is proposing a novel tax on wealth above $100 million in hopes of plugging a budget shortfall and averting cuts to education, mental health services and police.
    12/17/2024 - 11:33 am | View Link
  • Federal Tax Debate 2025
    Congress will soon debate provisions from the Trump tax law that are set to expire at the end of 2025, as well as other tax policies that Trump proposed on the campaign trail. Here we examine what’s ...
    12/11/2024 - 11:00 am | View Link
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