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Trump’s New Tax Law Could Cut Social Security Taxes For Millions
A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” signed into law by President Donald Trump on July 4,
Tax Cuts Now, Benefit Cuts Later: The Timeline in the Republican Megabill
The law, which reduced taxes for most earners, did not take full effect until Americans filed their taxes in 2019. The delay prompted Steven T. Mnuchin, then the Treasury secretary, to cajole companies into lowering the amount of taxes they withheld from paychecks so Americans would feel the benefits of Mr. Trump’s signature law sooner.
Republicans need a backup plan on Trump’s tax cuts The parties are less far apart than usual on this issue. Could they work together this time?
Trashing the environment to pay for tax cuts is the fiscal-policy equivalent of having a violent loan shark spot you funds for an unaffordable Fifth Avenue shopping spree: It might feel good in ...
Ohio Senate pitches flat income tax The biggest part of the Senate budget would flatten the income tax to 2.75% for everyone except low-income Ohioans, who aren't taxed.
Deficit-financed tax cuts aren’t real tax cuts Eventually, America’s bills have to be paid.
Braun cut taxes for businesses, but most Hoosiers will pay more | Opinion The new law cuts property taxes most for families who own more expensive homes, are older than 65 and disabled veterans.
Economic Growth Extending the Trump Tax Cuts Is a Good Idea. But It Won't Deliver 'Big, Beautiful' Economic Growth. The budget legislation is full of other expensive provisions that will add ...
In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.
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