In an interview with Fox News on Sunday, White House economic advisor Peter Navarro said the tariffs set to be announced this ...

The longer run projections show a very gradual return to balance. But this assumes no recession and no further income tax ...

The Tax Cuts and Jobs Act of 2017 slashed the corporate tax rate from 35% to 21% and more than doubled the federal estate tax exemption rate for married couples, from $11 million to $27 million.

Elements of the bill include 1) renewing and extending the 2017 tax cuts, 2) raising the federal debt limit, 3) boosting spending on Trump priorities like border security and 4) cutting billions ...

“If we renew tax cuts for the rich, paid for by throwing people off Medicaid, we’re gonna get f—ing slaughtered,” the official was quoted as telling the outlet. The move would turn the ...

Now a combination of the explosion in federal debt since 2008 plus Republicans’ search for offsets to extend the 2017 tax cuts present a potentially powerful catalyst.

Every time a tax cut is proposed, the promise is made: the increased economic growth will eventually result in more, not less, government revenue. Hope springs eternal. For example, in 2017 we had ...

Extending the 2017 Tax Cuts and Jobs Act would benefit citizens by increasing real median house income and real wages. Government waste in healthcare spending and improper payments demonstrates a ...

As the Mississippi Legislature comes closer to its final week of the 2025 session, one thing has become clear: Mississippi will eliminate its income tax and cut the grocery sales tax to 5% ...

Some House Democrats argued the legislation would bring little tax relief to lower-income residents, while benefiting the ...

In 2019, they cut the Business Profits Tax again, reducing revenues by an additional $18 million. Meanwhile, property taxes increased by $117 million. In 2020, they cut the Business Profits Tax ...