An icon in the shape of a lightning bolt ... During his presidential campaign, Trump pledged a range of tax cuts. They include an extension of tax cuts from the Tax Cuts and Jobs Act of 2017 ...
Wall Street expects President-elect Donald Trump's proposed tax cuts to send stocks and corporate earnings soaring in the coming years. Trump has proposed slashing the corporate tax rate from 21% ...
There are a couple of weeks left in 2024. That gives you a little time to do any number of things that can reduce your taxes and boost your bottom line for this year.
Extending the 2017 Tax Cuts and Jobs Act could cost more than $4 trillion, and the incoming president has promised more than $3.3 trillion in tax relief measures on top of that.
If Congress enacts the tariffs through reconciliation, any new revenues could be used to finance some of the tax cuts it approves. But Trump doesn’t appear to want to wait for congressional action.