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Tag: Tax Cuts and Jobs Act
Cheap money available in the bond market has led several US companies to issue new corporate bonds this week.
The plan promises new initiatives and rolling back Trump policies in key policy areas like immigration, climate change, and the economy.
"I think if you look at all the sentiment measures that matter, they're through the roof," President Donald Trump's adviser Kevin Hassett said.
The GOP tax law gave most Americans a tax cut, but Trump’s signature policy is still a political flop
Few Americans even report getting a tax cut, despite the fact that the Trump tax cuts made it so that 65% of people have a lower tax burden in 2019.
The budget deficit is being driven by the tax reform law supported by President Trump and the GOP as well as the bipartisan spending deal.
Treasury Secretary Steven Mnuchin says his tax rate actually went up after Trump’s tax cuts — and the reason why makes perfect sense
The cap on the state and local tax deduction has caused wealthy taxpayers in New York and California, like Steve Mnuchin, to pay more this year.
Trump once promised to eliminate the national debt in 8 years — but his new budget shows the president is going in the opposite direction
Candidate Donald Trump promised to eliminate the debt "over a period of eight years," but the presidential budget shows that isn't going to happen.
After three weeks of data showing the average tax refund was smaller than last year, the IRS announced Thursday that refunds are up 1.3% on average.
11 million Americans could be affected by a big change in Trump’s tax plan, and a CPA says he’s getting frantic calls about it
The new tax law capped the annual deduction for state and local taxes (SALT) at $10,000, which likely affects rich homeowners in blue states the most.
President Donald Trump fell short of his long-promised goal of 3% GDP growth in 2018, and economists expect he'll be disappointed in 2019 too.