Opinion
The GOP’s budget plan: Tax cuts for the rich, austerity for the poor
Republican politicians plan to take food and health care away from the poor to subsidize tax cuts for the rich. That might sound like a stale, Scroogy stereotype. But it’s not an exaggeration: It’s laid out, in black and white, in GOP budget plans released this week.
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
More than half of all state legislatures enacted income tax cuts over the past several years and it’s clear from the first weeks of January that this trend will continue in 2025. Kentucky ...
and 1.8% over the longer run. Real GDP data for the years after the TCJA show the following growth rates: The TCJA cut the corporate tax rate to benefit shareholders, who tend to be higher ...
House Speaker Mike Johnson faces a significant challenge in balancing President Trump’s ambitious tax cut proposals with ...
The average borrower's monthly bill could swell to $288 from $95, according to an early estimate by the Institute for College ...
Most Americans like the Trump administration's tax cuts. Now, Congress must decide ... The tax could generate $1.9 trillion over 10 years, but many economists say American consumers would ...
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