Tax Cuts for the Rich

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White House, tax cut

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White House officials are considering a higher tax rate for the wealthiest Americans to help pay for cutting taxes on tips, report says

An option under discussion in the Trump administration is allowing the top tax rate to go back up to help cover tax cuts on income earned via tips, a senior White House official told Axios. That comes as President Donald Trump's tax cuts from his first term are due to expire at the end of the year,

Axios on MSN · 5d

Trump White House might flip the script on tax cuts for the rich

The Trump administration is discussing a surprising option to help fulfill his campaign-trail promises: Allowing the richest Americans' tax rates to rise in return for cutting taxes on tips, a senior White House official tells Axios.

New York Post · 4d

White House weighing tax hikes for rich to pay for Trump’s no tax on tips promise: report

“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 ...

· 8h

Understanding the scope of Trump’s tariffs so far, in 4 charts

President Donald Trump has promised to unleash a wave of dollar-for-dollar reciprocal tariffs on nations that he feels are treating the United States unfairly in terms of trade, either through higher tariffs or non-tariff trade barriers.

· 2h

Dollar steady as zero hour on Trump's "Liberation Day" closes in

The U.S. dollar fell against major currencies such as the euro, yen and sterling on Wednesday, as traders awaited details of U.S. President Donald Trump's plans for tariffs, which could upend the global trading system and shake financial markets.

· 4h

Trump’s latest tariffs start today. What are tariffs? How they work

President Donald Trump will announce a new wave of tariffs against many major U.S. trade partners Wednesday in what he calls "Liberation Day."

· 20h

‘I call it termination day’: Ontario premier warns about implications of Trump’s tariff announcement

President Donald Trump promised a new slate of tariffs will go into effect on April 2. Ontario Premier Doug Ford discusses Canada’s plan to retaliate to the new U.S. tariffs and warns Americans will be hurt by President Trump’s actions.

· 5h

President Trump set to enact new, sweeping tariffs

President Trump is expected to announce the details on the tariffs at the White House at 4:00 p.m. Wednesday. Kid Rock has revealed that comedian Bill Maher’s “mind was blown” after his White House sit down with President Donald Trump.

· 6h

Trump's new tariffs set to go into effect amid widespread job cuts

President Donald Trump is set to unveil his long-promised reciprocal tariffs on foreign adversaries and allies that are set to go into effect immediately once they are announced on Wednesday. It comes as he ramps up cuts to the federal workforce with about 10,

3don MSNOpinion

Trickle-down tax cuts don’t work. That isn’t stopping Republicans.

The GOP is effectively pulling a reverse Robin Hood, giving tax breaks to the rich and taking away resources from the poor to pay for it.

Penn Live3d

Tax cuts for the wealthy, healthcare cuts for the poor: a tale of two Americas | PennLive letters

Should our country’s ultrawealthy and corporations receive additional tax cuts at the expense of healthcare for the neediest Americans? The Donald Trump Administration and Congressional ...

1don MSN

Peter Navarro Says Tariffs Will Be a $6 Trillion Tax Increase, but Also a Tax Cut

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

1don MSN

What Mississippi’s Income Tax Elimination Means For Black Residents And Businesses

Black business owners claim cuts by a white legislature makes it harder for residents to thrive as the bill increases sales tax on groceries.

3hon MSN

GOP senators push ahead on Trump's tax cuts package and delay big decisions for later

Republican senators are meeting with President Donald Trump at the White House as they push ahead on his tax breaks and spending cuts

6don MSNOpinion

The Trump tax cuts don’t have to be paid for

Republicans are trying to pass a bill to cut taxes by $4.5 trillion by reducing government spending by $2 trillion, including cutting Medicaid and SNAP by $800 billion, which would be a bad

The Daily Beast4d

Trump Might Raise Taxes on Rich to Cover Breaks on Tips

The motivations behind the leak are unclear, but imposing tax cuts on the rich would upend the longstanding political dynamics around taxation and government spending. ADVERTISEMENT Working-class ...

49mon MSN

SNP demand for Rachel Reeves to tax the rich to stop further Scotland spending cuts

SNP Finance Secretary Shona Robison has called on Chancellor Rachel Reeves to “seriously examine” introducing wealth taxes to ensure further boosts to defence spending does not come at the expense of drastic cuts to public services.

The Economist2d

The mirage of tariff tax cuts