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Democratic President Joe Biden wants to raise taxes on wealthy Americans if he’s re-elected, while Republican Donald Trump promises even deeper tax cuts if he wins.
August 16, 2024 at 7:05 AM. RALEIGH, N.C. (AP) — Vice President Kamala Harris is promoting a broad set of economic proposals that would offer new tax breaks and lower the cost of living for ...
The White House is releasing a new public memo to allies Thursday that seeks to link the extension of Trump-era tax cuts to inflation, a top-of-mind issue for voters. The Republican push to extend ...
Donald Trump has offered an idea to abolish the income tax system and make that lost money up with higher tariffs. Joe Biden's White House offered a new analysis Friday to say it won't work.
Back in 2017, the Trump-era tax cuts lowered the corporate tax rates from 35% to 21%. But during those negotiations Trump was a voice pushing for it to be lowered further, to 15% .
Harris mirrors Trump proposal to end federal taxes on tips. August 12, 2024 at 6:52 PM. Carolyn Lessard/AP. A proposal to eliminate federal taxes on tips now has bipartisan support from the ...
Writing for New York Daily News, investigative journalist David Cay Johnston opined that Trump could be convicted on "easy-to-prove state income tax fraud charges" based on documents available to the DA's office, including Trump's publicly released tax returns which Johnston said were "rich with what the IRS calls 'badges of fraud,'" such as ...
That’s nearly double the $26 million President Joe Biden’s campaign said it raised last month at a star-studded Radio City Music Hall gala featuring former presidents Barack Obama and Bill ...