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Nancy Pelosi’s idea to retroactively lift the limit on state and local tax deductions would be almost useless for people who need the most help
Almost all the benefits of tossing out the SALT cap would go towards richer households — and not average Americans weathering the coronavirus fallout.
G-20 countries are employing everything from short-selling bans to tax deferrals to cushion against a looming economic recession.
The long-shot proposal could offer a revamped campaign message after the Tax Cuts and Jobs Act failed to gain widespread support.
As the US budget deficit barrels toward $1 trillion, the White House doubles down on claim that tax cuts will ‘pay for themselves’
Economists say the Republican tax bill President Donald Trump approved in 2017 has driven a sharp jump in the federal deficit.
The economy and public perceptions of it have historically played a crucial role in presidential elections.
"Trump's economic team has managed to overheat an already buoyant economy," Soros said at the World Economic Forum in Davos.
The plan could offer the Trump campaign a revamped message for voters after the 2017 Tax Cuts and Jobs Act failed to gain widespread support.
Treasury Secretary Mnuchin keeps insisting Trump’s tax cuts will pay for themselves despite consistent evidence they exploded the federal defici...
A Trump administration talking point is emerging again as it designs another plan it's calling "Tax Cuts 2.0." But the last round swelled the deficit.
‘Who the hell cares about the budget?’: Trump tears into critics of mounting federal spending and debt under his watch
"We're going to have a country," Trump said about rising federal spending, according to a report in The Washington Post.
The nation's six top banks saved $18 billion in 2019 as a result of the Tax Cuts and Jobs Act, according to an analysis by Bloomberg News.