Trump, tax cut
Digest more
IRS, Trump and U.S. District Judge
Digest more
The House Ways and Means Committee named its package "THE ONE, BIG, BEAUTIFUL BILL'' in all capital letters, a nod to President Trump himself.
5hon MSN
WASHINGTON (AP) — A proposal by Republicans in Congress would allow President Donald Trump’s administration to remove the tax-exempt status of nonprofits that it says support terrorism, creating what some nonprofits say is an arbitrary standard to financially punish charities that advocate for issues that don’t align with his agenda.
La., has said he wants House Republicans to pass their version of Trump's bill by Memorial Day or "shortly thereafter," as he told Fox News Digital i
The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.
House Republicans on Monday outlined their plans for a far-reaching tax bill that would deliver on several of President Trump’s campaign pledges — for now.
House Republicans have revealed the sweeping tax provisions for President Donald Trump’s big bill. It tallies at $4.9 trillion in costs so far, partly paid for with reductions to Medicaid, green energy programs and others used by millions of Americans.
The bill, which is almost certain to be changed by the Senate if it passes the House, would repeal auto pollution and fuel economy standards.
House GOP plows ahead to advance key components of its bill to fund Trump’s agenda -- including taxes and Medicaid cuts -- even as they remain at odds within.