Tax Plan

Trump Tax Agenda Advances After All-Night Capitol Showdown

House Republicans took a major step forward in enacting President Donald Trump’s tax agenda early Wednesday, May 14, pushing through key provisions of his “one big, beautiful bill” after a marathon session that tested tempers and party unity.

Trump Unveils 2025 Tax Plan, Bigger Credits and Permanent Cuts

The House Ways and Means Committee on Friday released the framework for President Donald Trump’s latest tax agenda, aimed at extending the 2017 Tax Cuts and Jobs Act (TCJA) and expanding relief for working families. The move marks a key pillar of Trump’s 2025 economic platform, with Republicans preparing to fast-track the legislation using the budget reconciliation process.

Tractors Flood London as Farmers Protest Labour’s Inheritance Tax Plan

Hundreds of farmers drove tractors into central London, blocking major roads to protest Labour’s controversial inheritance tax changes. The No Farmers, No Food campaign gathered an estimated 500 tractors near Whitehall on Wednesday, demanding the government reverse plans that they say will devastate family farms. Protest organizers vowed to escalate actions if Prime Minister Sir Keir Starmer’s administration does not relent.

Biden Shares Bizarre WWII Cannibalism Concerns About Uncle’s Fate

Joe Biden recounted on Wednesday that his "Uncle Brosie" likely perished by cannibals on the Australian island of New Guinea during World War II. Biden...

Online Posts Question Crowd Size at Biden’s Scranton Rally, On-the-Ground Reports Paint Different Picture

President Joe Biden faced social media criticism on Tuesday when viral posts claimed his campaign event in Scranton, Pennsylvania, had empty seats, but subsequent...

House Proposal Will Hike Taxes on Lower- And Middle-Income Americans: Bipartisan Congressional Panel

Taxes will go up for millions of lower- and middle-income taxpayers under the House Democrats’ version of President Joe Biden’s Build Back Better plan, according to two new analyses by the non-partisan professional staff of the congressional Joint Committee on Taxation (JCT).

President Trump Thanks Joe Biden for Crowning Him the ‘Great MAGA King’

45th President Donald J. Trump thanked Joe Biden for crowning him the “Great MAGA King” in a post he made to his Truth Social platform after Biden’s attempt to use the moniker as an insult fell flat.

Biden’s Budget Calls for Funding the Police, Taxing Rich, Countering China

President Joe Biden released his $5.8 trillion budget for fiscal year 2023 on Monday, including significant funding for the police, in an effort to set himself apart from progressives in his party who have advocated for defunding the police. Biden also called for more defense spending and a new minimum tax targeting the rich.

Whether Trump Runs in 2024 or Not, Key Party Figures Say He Defines the Future of the GOP Agenda

Exuberant Republicans cannot wait for the 2022 mid-term elections that they expect will restore their congressional majorities and the 2024 presidential contest to put one of their own back in the Oval Office.

Dodging the Constitution for a Global Tax

Treasury plans to adopt a new treaty without a proper Senate vote.

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