Search results
7 lis 2024 · Review the chart below for an overview of Trump’s tax policy platform. The top marginal tax rate is 37% for income over $609,350 for individuals and $731,200 for married individuals filing jointly. Make the lower TCJA top marginal tax rate permanent.
Former President Trump returns in 2025 with Republicans controlling the Senate and House. This GOP majority enables them to enact a budget reconciliation bill extending TCJA provisions without Democratic support.
12 lis 2024 · The Trump administration is likely to prioritize tax reform, aligning with Trump’s previous stance on the 2017 Tax Cuts and Jobs Act (TCJA), and taxpayers should be attentive to these changes in their year-end and 2025 planning.
21 lis 2024 · Several prominent budget forecasters have estimated Trump's tax cut plans would add some $3.6 trillion to $6.6 trillion to federal deficits over a decade, depending on which proposals are...
7 lis 2024 · Trump’s tax policies broadly tilt toward corporations and wealthier Americans. That’s mostly due to his promise to extend his 2017 tax overhaul, with a few notable changes that include lowering the corporate income tax rate to 15% from the current 21%.
15 lis 2024 · In 2017, President Donald Trump signed a major tax cut. To contain its cost, Republicans scheduled many of the provisions to expire after 2025, betting that a future Congress would continue...
16 lis 2024 · Though his campaign didn’t release details on the proposal, Trump indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare.
