Trump, tax cut

Trump's US Treasury pick Bessent says extending tax cuts a top priority
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day.
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.
Here's how much you'll pay in taxes if Trump's tax cuts get extended or expire
Americans making $50,000 could see their tax bills grow by over $1,000 if Congress doesn't intervene.
Bond Market Sends Warning to Trump and Republicans on Tax Plans
It’s not 2017 anymore. As Republicans retake full control of the government and weigh taking on more debt, they face a much trickier fiscal and financial environment than they did during Donald Trump’s first term.
Republicans in Congress warn rising US bond yields could hit Trump's tax cut plans
Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect's aggressive tax-cut agenda could fall victim to signs of worry in the bond market.
House Republicans push to extend Trump tax cuts amid Democratic pushback
House Republicans are pushing for extensions of the 2017 tax cuts enacted by President-elect Donald Trump. Here's what to know.
Trump tax cuts: What’s at stake as House GOP, Dems debate extending signature plan
There’s less than a week before President-elect Donald Trump begins his second term, and congressional Republicans are already working to preserve one of his signature policies. The House Ways and Means Committee on Tuesday held a hearing on the future of Trump’s 2017 tax overhaul,
House GOP tax writers call for cuts ‘as soon as possible’
Republican tax writers boosted pressure on the rest of their party on Tuesday to pass tax cuts as their top legislative priority. “We must make the Trump tax cuts permanent as soon as possible,” Rep.
Treasury secretary hearing: Trump pick Scott Bessent to face questions on tariffs, tax cuts and more
Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald ...
Indonesia issues regulation to implement global minimum tax
Indonesia's finance ministry said on Thursday it had issued a regulation to implement the global minimum corporate tax at 15% ...
Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
Canada’s Poilievre Promises to Reverse Capital Gains Tax Change
Pierre Poilievre, leader of Canada’s Conservative Party, is promising to eliminate the increase to the capital gains ...
Maryland professor explains economic benefits with tax cuts
Most Marylanders could get a small tax relief if Gov. Wes Moore's proposed fiscal year 2026 budget is passed by the General ...
Maryland Gov. Moore Includes Income Tax Increases for Wealthy Residents to Help Address $3B Deficit
Maryland Gov. Wes Moore has included higher income tax rates for taxpayers who make more than $500,000 in his budget plan, as ...
Mayor wants to raise council tax to fund police
Average council tax bills could go up by almost £19 a year to help pay for London's police and fire services, the mayor has ...
Democrats: Bessent avoided Medicare tax on hedge fund earnings
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary ...