| 单词 | tax cut |
| 例句 | Moreover, the Bush tax cuts, David demonstrated, will benefit the hyper-rich at the expense of the “merely rich.” Class Matters 2005-09-02T00:00:00Z The Bush administration tax cuts stand to widen the gap between the hyper-rich and the rest of America. Class Matters 2005-09-02T00:00:00Z The Times set out to create a financial portrait of the very richest Americans, how their incomes have changed over the decades, and how the tax cuts will affect them. Class Matters 2005-09-02T00:00:00Z He’d fought for tax cuts and credits for the working poor and was focused on cutting prescription drug costs for senior citizens. Becoming 2018-11-13T00:00:00Z The Times analysis also shows that over the next decade, the tax cuts Bush wants to extend indefinitely would shift the burden further from the richest Americans. Class Matters 2005-09-02T00:00:00Z He wanted to roll back the tax cuts George W. Bush had pushed through for the super-wealthy. Becoming 2018-11-13T00:00:00Z The Bush administration says that the tax cuts have actually made the income tax system more progressive, shifting the burden slightly more to those with higher incomes. Class Matters 2005-09-02T00:00:00Z Another reason that the wealthiest will fare much better is that the tax cuts over the past decade have sharply lowered rates on income from investments. Class Matters 2005-09-02T00:00:00Z They say that the tax cuts encourage the investment and innovation that will make everyone better off. Class Matters 2005-09-02T00:00:00Z President George W. Bush eliminated income taxes for families making under $40,000, but his tax cuts have also benefited the wealthiest Americans far more than his predecessors’ did. Class Matters 2005-09-02T00:00:00Z One of the adults I don’t know is commenting on how much he likes the president because of his tax cuts. Finding Junie Kim 2021-05-04T00:00:00Z Treasury Department uses a computer model to examine the effects of tax cuts on various income groups but does not look in detail fine enough to differentiate among those within the top 1 percent. Class Matters 2005-09-02T00:00:00Z He will be campaigning in swing districts, and has been using the money he has saved as a beneficiary of the Trump tax cuts to back Democratic candidates. Michael Moore: 'We have the power to crush Trump' 2018-10-18T04:00:00Z The Trump tax cuts have fueled demand for superyachts, according to industry analysts, and shipyard order books are solid. No One Needs a Superyacht, but They Keep Selling Them 2019-10-08T04:00:00Z Even an all-Republican government will have no alternative than to undertake some alternatives to this program of tax cuts for everybody. The Queen 2012-06-11T11:00:00Z As a nation mulls the implications of lopsided tax cuts for the rich, and billionaires offloading fortunes into campaign ads, “Timon of Athens” seems to burst with thought minted for the moment. Review | ‘Timon of Athens’ is tricky Shakespeare. A fearless director gets it right. 2020-02-25T05:00:00Z "This tax cut just might save my life." Larry David "praises" tax cuts for rich in NY Times 2010-12-21T23:40:26Z Business gets a big tax cut, Mountains get punched in the gut, Meanwhile, we become the butt Of jokes told round the glo-obe, oh no! Style Invitational Week 1239: MASH 3 — combine two movie titles 2017-08-03T04:00:00Z Corporations control the wealth because they have tax havens and benefit from tax cuts. Democracy, not consumption is "how we will amass power to challenge the corporate behemoth" 2020-09-21T04:00:00Z He would even potentially be open to tax cuts. Kenneth Vogel on billionaires, politics and his book 'Big Money' 2014-06-09T04:00:00Z At the time of JFK's assassination, a coalition of Republicans and Southern Democrats were blocking his legislative agenda, including a tax cut and a civil rights bill. Caro is back, and the obsession goes on 2012-04-30T11:39:10Z Recently he has drawn attention for tackling subjects like the disastrous Kansas tax cuts, the Orlando shooting, the lawsuits over Trump University, and the candidate’s revoking of the Washington Post’s press credentials. The stars aligned for Seth Meyers: “That was more dumb luck than anything else” 2016-06-25T04:00:00Z If tax cuts and restrictions on government regulations were the answer, 20 years of Republican presidencies under Ronald Reagan and the two George Bushes presumably would have solved the problem long ago. Republican write-off: Rubio and Huckabee serve 'Dreams' and 'Gravy' 2015-01-29T05:00:00Z Diane also recovers from financial devastation thanks, in part, to Trump’s tax cuts. Forget civility: On “The Good Fight,” “Luke Cage” and “Dietland,” resistance means go... 2018-06-30T04:00:00Z But can you explain why some people seemingly don’t act in their own self-interest on policies like health care and tax cuts? Al Franken and Olivia Wilde: Calling a Lie a Lie 2017-06-17T04:00:00Z Obama may also propose extension of the payroll tax cuts and unemployment benefits passed in bipartisan measures in December. Obama, Boehner clash over jobs speech 2011-09-01T06:23:00Z But such ritualistic sacrifices — and a little distasteful rhetoric — were nothing compared with the lucrative rewards that the populists supplied them in the form of tax cuts. What Keeps America Divided? 2020-07-02T04:00:00Z I’m thankful for the tax cuts we'll be getting, because life can be unsettling if you don’t know where your next billion is coming from. Style Invitational Week 1255: Tour de Fours XIV — SANT is coming 2017-11-22T05:00:00Z Obama will meet with a local family to highlight the cost of allowing the tax cuts to lapse. Obama pushes tax cut after debt panel fails 2011-11-22T11:16:00Z The overarching issue, however, was the proposed extension for 10 months of the payroll tax cut set to expire on February 29. Congress reaches payroll tax-cut deal 2012-02-16T07:22:03Z Meanwhile a majority in Congress — 90 percent white and male — voted for a big tax cut that would mostly benefit the wealthiest Americans. Perspective | Was 2017 the end of something or just the beginning? 2017-12-28T05:00:00Z White House staffers took a holiday break feeling good about their end-of-year victory in the extension of the payroll tax cut. Obama surprised by Daley's resignation 2012-01-09T19:42:00Z New York is an expensive place to do anything, but generous tax cuts for filmmakers have attracted a record number of TV shows to the city in recent years. It’s Home Sweet ‘Homeland’ for Season 6 2017-01-03T05:00:00Z In “In the Wake” that character largely is Ellen, a zealously liberal New Yorker in her 30s who worries that deregulation and tax cuts are tipping the United States into oligarchy. Pushing the Spotlight Away From Herself 2010-10-15T16:58:00Z The Republican bill proposes to pay for the $120 billion cost of the payroll tax cut largely by freezing federal pay and shrinking the size of the government work force. Government shutdown looms 2011-12-14T19:12:06Z After a tumultuous first year in office, Trump will return to the podium able to boast about a roaring stock market and a victory on his tax cut plan. The perilous high-wire act of writing speeches for Donald Trump 2018-01-26T05:00:00Z Treasury Secretary Paul O’Neill, who opposed the big tax cuts favored by Mr. Cheney, is treated similarly brusquely — much the way he was dismissed from his job in December 2002. Books of The Times: Dick Cheney Tells His Side in Memoir ?In My Time? - Review 2011-08-25T21:28:58Z Bloomberg News said the plan would inject more than $300 billion into the economy next year through tax cuts, spending on infrastructure, and aid to state and local governments. Reports: Obama to propose $300 billion jobs package 2011-09-07T14:47:03Z The governor wanted to give the rich a billion-dollar tax cut and in order to do that, he had to cut services. Michael Moore: ‘Trump inspires his side. It’s like Munich in 1932’ 2016-06-05T04:00:00Z But even within the shorter domestic sections, Raddatz managed to hit on subjects, like abortion and the math of tax cuts, that Lehrer either didn’t raise at all or didn’t pursue aggressively. Debate Watch: Pointed Questions and a Hot Cuppa Joe 2012-10-12T12:16:43Z While still a congressman, he co-sponsored President Reagan’s tax cuts in 1981, which launched the era of growing inequality that we live in, and increased government deficit spending to then-record highs. Class decides everything 2012-06-24T16:00:00Z The impasse largely concerned how to pay for extending the tax cut for a full year. House GOP leaders yield on payroll tax 2011-12-23T02:49:00Z Fifteen years later I was back in another White House making a similar claim on behalf of the Bush tax cuts of 2001. JCT: Obamacare's Exchange Subsidies Will Remove 8 Million Americans from the Tax Rolls 2011-10-28T13:16:53Z Trump’s $1.5 trillion tax cut package was passed in 2017, with lavish assurances that the cut would boost economic growth for everybody. Why does everybody suddenly hate billionaires? Because they’ve made it easy. 2019-03-13T04:00:00Z This time, the House was in the far trickier position of appearing to oppose a tax cut, and the deal almost entirely followed the terms negotiated in the Democratic-controlled Senate. House GOP leaders yield on payroll tax 2011-12-23T02:49:00Z Thomas Frank accuses the G.O.P. of luring voters with social issues but delivering tax cuts for the rich. Why Do People Who Need Help From the Government Hate It So Much? 2016-09-19T04:00:00Z Narrated by Ryan’s brother and some of his closest allies, the videos chronicled his career, from his early days “deep in the wilderness” until his crowning achievement, last year’s tax cut bill. Paul Ryan’s small, sad goodbye 2018-12-20T05:00:00Z Laffer blames the deficits that followed the Reagan and Trump tax cuts on government spending — a realm that he says is beyond his purview. Tax-cut guru still says he’s right about Trump, Truss and trickle-down 2022-11-02T04:00:00Z The state legislature then reversed the tax cuts. Tax-cut guru still says he’s right about Trump, Truss and trickle-down 2022-11-02T04:00:00Z Under Trump, tax cuts for the rich endured – but all the attention went to Rambo-ish displays of nativist rage. Rambo and the Terminator: the cold war warriors are back 2019-10-12T04:00:00Z Romney’s plans are for tax cuts and spending cuts that will grow the economy through trickle down. We’ve been brainwashed 2012-06-14T17:21:00Z A payroll tax cut package engineered by House Speaker was overwhelmingly approved by Republicans despite a veto threat from , escalating a year-end showdown over extending the benefit for 160 million American workers. House approves payroll tax cut extension 2011-12-13T23:49:00Z And even though Democrats were unable to beat back Trump’s massive tax cuts, they stuck together. ‘He’s not that kind of fighter.’ Can play-by-the-rules Chuck Schumer win on Trump’s turf? 2018-11-02T04:00:00Z It’s the intellectual equivalent of a tax cut for the super-rich. The Fate of the Critic in the Clickbait Age 2017-03-13T04:00:00Z That same day, Republicans in the Senate and House were fusing their plans for tax cuts ahead of a final vote next week. A journey through a land of extreme poverty: welcome to America 2017-12-15T05:00:00Z With my tax cut, I'm paying our orchestra's rent. Rick Steves gives $1M to arts in Edmonds 2011-08-26T03:09:03Z And he explores how the wealth lobby has somehow claimed the populist mantle, selling upper-income tax cuts and deregulation as things that reinforce the American dream. Television Review: ‘Park Avenue: Money, Power & the American Dream,’ on PBS 2012-11-11T23:02:14Z “The Republican proposal cannot pass the Senate as it stands, but now that Republicans have reversed their position on this middle-class tax cut, we look forward to working with them to negotiate a consensus solution.” GOP: Charge wealthy more for Medicare 2011-11-30T23:02:00Z It did not help that the state of California was flush, with a nearly $6 billion surplus; in the minds of the majority, it seemed the state could weather Prop 13’s steep tax cuts. The Tea Party’s inspiration: A tax revolt that destroyed California 2013-09-15T13:30:00Z They want even more tax cuts for the rich, even more regulatory freedom for Wall Street, and even more attacks on unions. Five obscene reasons the rich grow richer 2012-10-01T14:29:00Z Just in case anybody was wondering what really happens to the money saved by the wealthy from the Republican tax cuts, you now have your answer. Leonardo da Vinci Painting Sells for $450.3 Million, Shattering Auction Highs 2017-11-15T05:00:00Z The most obvious answer is that decade’s transfer of wealth to professionals and managers, a shift made possible by the top-bracket tax cuts of 1981. Let them eat McMansions! The 1 percent, income inequality, and new-fashioned American excess 2014-04-13T11:00:00Z They back some tax cuts but not for the wealthy or corporations. Campaign 2016: Understanding the presidential election 2016-01-26T05:00:00Z The Social Security payroll tax cut enacted this year also will end, as will the exemption of millions of middle-class families from the alternative minimum tax. FDA approves diet pill 2012-06-27T17:50:00Z Even before the tax cut, hotel rooms are cheaper. Practical Traveler: Europe?s Troubles Offer Opportunities to Tourists 2011-01-19T15:00:00Z If you extend the Bush tax cuts the way the Republicans want, you get $3.8 trillion added to the deficits. Hustler’s denigrating S.E. Cupp “satire” 2012-05-24T20:30:00Z The governor’s tax cut, Laffer said, was relatively insignificant when compared to the size of the state’s budget. Tax-cut guru still says he’s right about Trump, Truss and trickle-down 2022-11-02T04:00:00Z Inside the White House, officials had believed all along that the payroll tax cut eventually would get renewed. House GOP leaders yield on payroll tax 2011-12-23T02:49:00Z The president is explaining how they have to play a little bit of politics and there’s a tax cut for the 1%. Q&A: Adam McKay on the lessons of the 2000 recount 2020-10-19T04:00:00Z Never content with the last tax cut or the last burst of deregulation, American plutocrats keep pushing for more. What Keeps America Divided? 2020-07-02T04:00:00Z Every few months, the country faces a looming fiscal deadline - tax cuts are set to expire, or the nation's debt limit needs to be raised, or automatic spending cuts are to take effect. Column: Real or fake? It's hard to tell anymore 2013-02-11T11:01:06Z Call him what you want—Norquist has even called himself a “Darth Vader” for the cause at times—but it would be well off the mark to assume he’s just a heavy for tax cuts. They’re trying to deify Ronald Reagan: Inside the right-wing plot to turn the Gipper into a modern-day God 2016-02-06T05:00:00Z Ronald Reagan set the trend with his 1980s tax cuts, followed by Bill Clinton, whose 1996 decision to scrap welfare payments for low-income families is still punishing millions of Americans. A journey through a land of extreme poverty: welcome to America 2017-12-15T05:00:00Z That's the name given to Reagan's economic policies, which called for deregulation of the markets, widespread tax cuts, less spending on social programs and more spending on the military. This unusual course examines rap lyrics about Reagan and the 1980s 2022-11-05T04:00:00Z It would be funded in part by not renewing tax cuts passed under the Bush administration for households that make more than $250,000 a year, something Edwards and Obama have also proposed. Clinton Presents Plan For Universal Coverage 2007-09-18T10:00:00Z When asking who exactly will benefit from the plan, Oliver showed stats that prove richer Americans will receive major tax cuts as a result. John Oliver on Trumpcare: 'the Ted Cruz of healthcare legislation' 2017-03-13T04:00:00Z “Capitalism in America” barely mentions Trump beyond condemning his “dangerous” trade policies and warning about the fiscal recklessness of his tax cuts. Alan Greenspan’s Ode to Creative Destruction 2018-11-02T04:00:00Z Spend two minutes watching a waxen House Speaker Paul D. Ryan try to explain the benefit of tax cuts, and that point will be thoroughly confirmed. 'The Once And Future Liberal' is a blistering critique of identity politics and a fractured left 2017-09-15T04:00:00Z We need dramatic cuts in public expenditure, they argue, to be matched by equivalent tax cuts. Britannia Unchained: Global Lessons for Growth and Prosperity – review 2012-09-27T07:00:03Z To varying degrees, all of the candidates have also pledged tax cuts so deep that they would siphon money now forwarded to state and local governments, triggering further job reductions. GOP slams Obama over new jobless figures 2011-12-03T02:31:00Z Will the permanent tax cut for corporations really trickle down to regular Joes? ‘I’m a rock star’: The tax bill has turned America’s accountants into very popular people 2017-12-28T05:00:00Z A tax cut wasn’t worth voting for an earthquake. This is California in the era of Trump 2017-03-22T04:00:00Z Obama signaled that in his remarks, calling for consideration of various measures, including an extension of middle-class tax cuts, the adoption of trade deals and a new infrastructure bank. Debt debate over, Obama urges jobs focus 2011-08-02T18:07:00Z By 2018, following the Trump tax cuts, that figure had dropped to 23 percent, on par or less than the rate paid by steelworkers, schoolteachers and retirees. The pandemic is testing the generosity of billionaires, according to a Washington Post survey of the 50 richest Americans 2020-06-01T04:00:00Z Given the context of the upcoming election, all of the CEOs and all corporations that say they are good now are lobbying Trump for more deregulation and more tax cuts. Democracy, not consumption is "how we will amass power to challenge the corporate behemoth" 2020-09-21T04:00:00Z Democrats were clearly enjoying the spectacle of Republicans trying to justify opposition to a tax cut. House GOP leaders yield on payroll tax 2011-12-23T02:49:00Z But the tax cuts he enacted were so extreme that they inflated the state’s deficit to $2 billion. How Conservatives Bet Big on Wisconsin and Won 2018-07-11T04:00:00Z Stock market exuberance and windfall tax cuts are buoying the nation’s biggest moneymakers. A Political Satire on Stage, and Not About Trump 2018-02-28T05:00:00Z Now, Trump looks to be zeroing in on a significant tax cut for the rich and corporations. No sympathy: How Ayn Rand’s “elitism” lives on in the Trump administration 2017-04-05T04:00:00Z A stitch in time will save 1,709 by the year 2030, when you factor in economic growth due to tax cuts. Style Invitational Week 1320: Questionable journalism 2019-02-21T05:00:00Z On Friday, Congress approved extending a payroll tax cut through the end of 2012. Obama to propose corporate tax rate of 28 percent 2012-02-22T13:24:05Z Remini also criticized Bush as indifferent to civil liberties and for successfully pushing through tax cuts that favored the rich. Robert Remini, Andrew Jackson scholar, dies at 91 2013-04-06T07:46:03Z Their loss of child benefit is more than outweighed by what they gain from tax cuts. How the super rich got richer: 10 shocking facts about inequality 2014-09-15T04:00:00Z Workers may not notice much of a change in their paychecks, though, if lawmakers do not extend the payroll tax cut first enacted in 2010. 10 states set for minimum wage hike 2012-12-31T20:56:00Z Now I think because of the tax cut and the economy’s in very good shape, I think we probably pushed it down the road by about two years. Philanthropist David Rubenstein reflects on the power of giving money away 2018-05-14T04:00:00Z His tax cuts will widen America’s already high levels of inequality. A Conservative’s Case Against Donald Trump 2018-01-24T05:00:00Z The White House and independent economists have warned that the fragile U.S. economic recovery could take a hit if the payroll tax cut is allowed to expire. Government shutdown looms 2011-12-14T19:12:06Z “Yet, they are no longer getting a tax cut.” Are you a telecommuter with a home office? You just lost a tax break. 2018-05-28T04:00:00Z It began on the day that Republicans in the US Senate voted for sweeping tax cuts that will deliver a bonanza for the super wealthy while in time raising taxes on many lower-income families. A journey through a land of extreme poverty: welcome to America 2017-12-15T05:00:00Z Edwards said his plan would cost $90 billion to $120 billion a year, and he pledged to roll back Bush's tax cuts for Americans earning more than $200,000 a year. Democrats Focus on Iraq In Contentious Second Debate 2007-06-04T10:00:00Z Sure enough, the first pandemic bill there was a tax cut for the 1%. Q&A: Adam McKay on the lessons of the 2000 recount 2020-10-19T04:00:00Z “But four decades of billionaire tax cuts have increased the fragility of the public response infrastructure.” The pandemic is testing the generosity of billionaires, according to a Washington Post survey of the 50 richest Americans 2020-06-01T04:00:00Z It could reasonably be argued that it was about foreign policy or tax cuts, social conservatism, the working class or a celebration of small-town life. Perspective | The MAGA hat is not a statement of policy. It’s an inflammatory declaration of identity. 2019-01-23T05:00:00Z They first want Republicans to agree to a compromise deal to extend a payroll tax cut for 160 million Americans. Government shutdown looms 2011-12-14T19:12:06Z "A firm financial strategy was needed to provide economic reforms, tax cuts and deregulation of industry," she explains to a new bunch of urinating clubbers. Maggie's nightclub ? the ultimate tribute to Thatcher 2010-11-22T20:30:00Z Maybe they supported President Trump out of fear for their political futures and safety for their families, or maybe they liked his tax cuts and Supreme Court justice appointments. My grandfather was a Nazi. Our family's story of complicity shows where the road to extremism leads 2021-01-18T05:00:00Z They favor widespread tax cuts as a way to boost the economy. Campaign 2016: Understanding the presidential election 2016-01-26T05:00:00Z The Bush tax cuts have been extended two years for the upper bracketeers, of which I am a proud member, thank you very much ... Larry David "praises" tax cuts for rich in NY Times 2010-12-21T23:40:26Z Democratic and GOP leaders went with just a short extension after failing to agree on big enough spending cuts to pay for a full-year renewal of the payroll tax cut. Senate OKs payroll tax cut compromise 2011-12-17T14:57:00Z The 2 percentage point tax cut affects 160 million taxpayers. Senate OKs payroll tax cut compromise 2011-12-17T14:57:00Z “The corporate tax cut . . . is a huge windfall to companies,” Alexander said. Are you a telecommuter with a home office? You just lost a tax break. 2018-05-28T04:00:00Z Through policy changes like corporate and high-earner tax cuts, society was reorganized. Kurt Andersen Asks: What Is the Future of America? 2020-08-11T04:00:00Z In the export-shrinking aftermath of the country’s 2016 shock decision to leave the European Union, and with the Truss government’s more recent poorly received announcement of unfunded tax cuts, many Britons are inclining toward pessimism. 25 Years After ‘Sensation,’ Has London’s Art Scene Kept Its Cool? 2022-10-10T04:00:00Z A temporary payroll tax cut that has been of benefit to nearly every wage earner in 2011 and 2012 is set to expire, costing the average family an additional $1,000 a year. FDA approves diet pill 2012-06-27T17:50:00Z Some of his proposals simply ratify initiatives advanced by the Obama administration, including payroll tax cuts, infrastructure investment and student loan programs. Books of The Times: ?Back to Work? Has Bill Clinton?s Ideas for America - Review 2011-11-07T19:14:59Z Remember, whatever a chancellor says in this or any such speech, tax cuts aren't "impossible" - they've just chosen not to put them on the menu this time. What the Chancellor really means when he says tax cuts are 'impossible' 2023-11-16T05:00:00Z “I have never cared what our state economist thought about what our money was going to be. If we had listened to him, we wouldn’t have the tax cuts that we have now,” White said. Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut 2023-11-15T05:00:00Z "It is right to say the government hasn't made things worse since January: no big new tax cuts or spending increases," says Mr Johnson. Can government claim credit for fall in inflation? 2023-11-15T05:00:00Z Ms Truss was in office for 49 days in Downing Street, and her so-called mini-budget - which included £45m of tax cuts - sparked economic turmoil. Liz Truss-backed group sets out alternative 'growth budget' 2023-11-14T05:00:00Z That reflects both the toll of high spending and past tax cuts. US House Republicans eye plan to avert government shutdown as Moody's warns 2023-11-11T05:00:00Z Jeremy Hunt has said tax cuts are "virtually impossible" and instead warned of "frankly very difficult decisions". What the Chancellor really means when he says tax cuts are 'impossible' 2023-11-16T05:00:00Z During the 2022 session, legislators enacted a plan to reduce the state income tax over four years - Mississippi’s largest tax cut ever. Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut 2023-11-15T05:00:00Z Biden's Democrats have backed a wide range of spending plans, while Republicans pushed through sharp tax cuts early in Donald Trump's presidency that also fed the deficit. Moody's turns negative on US credit rating, draws Washington ire 2023-11-11T05:00:00Z So would repealing the cap on state and local tax deductions, a major accomplishment of the Republicans’ 2017 tax cuts that Democrats from high-tax states are desperate to roll back. When death doesn’t mean taxes: How the wealthy avoid paying Uncle Sam 2023-11-09T05:00:00Z He touted his record on crime, tax cuts, education and empowering parents, but his political coattails proved to be shorter than he hoped. Virginia Democrats defend state Senate, declare control of House of Delegates 2023-11-07T05:00:00Z Republicans, however, often claim that tax cuts do great things for the economy, and maybe even pay for themselves. Israel, the IRS and the Big Grift | Paul Krugman 2023-11-05T04:00:00Z JACKSON, Miss. — Mississippi Gov. Tate Reeves refused to approve top lawmakers’ proposed revenue estimate Wednesday, fearing a lower projection than he wanted would prevent him from justifying future income tax cuts. Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut 2023-11-15T05:00:00Z Opposition lawmakers have questioned the use of tax cuts as inflation-relief measures, partly because it takes time to legislate them. Japan’s prime minister announces $113 billion in stimulus spending 2023-11-02T04:00:00Z Analysts, however, doubt whether the roughly 5 trillion yen to be spent on tax cuts and payouts would do much to boost consumption and Japan's economic growth. Japan unveils $113-billion package to cushion inflation 2023-11-02T04:00:00Z Rising interest rates, the high costs of the Social Security and Medicare programs and the lingering effects of a 2017 tax cut have pushed the nation's debt over $33 trillion. New US House Republican speaker faces early test on government funding 2023-11-01T04:00:00Z Still, starving the IRS of funds is in a way a kind of tax cut. Israel, the IRS and the Big Grift | Paul Krugman 2023-11-05T04:00:00Z The rare move comes as Reeves pushes for a revenue estimate that would shore up political support for a future income tax cut. Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut 2023-11-15T05:00:00Z Reeves says Mississippi has enacted some of its biggest tax cuts while he’s been in office, and he’s pushing a full elimination of the state income tax. Mississippi gubernatorial contenders Reeves and Presley will have 1 debate to cap a tough campaign 2023-10-31T04:00:00Z Irish consumer sentiment improved in October as tax cuts and increased spending in the annual state budget helped ease consumer gloom, a survey showed on Tuesday. BOJ likely to lift inflation forecasts, debate tweak to yield cap 2023-10-31T04:00:00Z Irish consumer sentiment improved in October as tax cuts and increased spending in the annual state budget helped ease consumer gloom, a survey showed on Tuesday. Wall St rallies 1%, yen gains vs dollar; talk of BOJ policy tweak 2023-10-31T04:00:00Z Opponents said the bill needed more vetting, and cited constituents’ greater interest in property tax cuts than income tax relief. North Dakota special session resolves budget mess in three days 2023-10-25T04:00:00Z “For those of us who are very interested in cutting taxes in this legislative session, arbitrarily lowering the number for no apparent reason hurts our ability to justify those tax cuts,” Reeves said. Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut 2023-11-15T05:00:00Z Then, Truss announced a budget that included billions in uncosted tax cuts and spooked the financial markets. British leader Rishi Sunak marks a year in office with little to celebrate 2023-10-25T04:00:00Z Details on tax cuts will be discussed by the ruling party's influential tax panel toward the year end, said the officials, who spoke on condition of anonymity as they were not authorised to speak publicly. Japan weighs spending of $33 bln on measures to fight inflation -sources 2023-10-25T04:00:00Z Those include $91 million for expanding a previous income tax cut, $50 million for infrastructure projects and $20 million to expand a tourism attraction grant program the governor said has drawn great interest. North Dakota lawmakers begin special session to fix budget invalidated by Supreme Court 2023-10-23T04:00:00Z According to the Times, Pratt also made out like a bandit saving over $2 billion in taxes due to the 2017 tax cuts and dined out on America's national security secrets for years. Trump keeps stepping on the GOP's so-called bombshells 2023-10-23T04:00:00Z Gov. Delbert Hosemann, the chair of the Committee, said he believed the new figure represented a realistic view of the economy and that plenty of money would still be available for tax cuts. Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut 2023-11-15T05:00:00Z “Now is the time for me to focus on that, and I’m not thinking about anything else,” Kishida said, denying that his tax cut proposal was related to elections. Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks 2023-10-22T04:00:00Z Rishi Sunak's government will consider tax cuts if it can meet its target of halving inflation by the end of the year, a Tory cabinet minister has said. Tax cuts will be considered if inflation falls, cabinet minister says 2023-10-22T04:00:00Z Moody's said that Chancellor Jeremy Hunt's decision to reverse most of his predecessor's tax cuts helped to inform its decision. Moody's boosts view of UK after mini-Budget chaos 2023-10-20T04:00:00Z They say tax cuts passed by Republicans in 2017 and signed by Mr. Trump have shrunk revenue and left the country in a more dire fiscal situation. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z Hosemann said he expected lawmakers would approve future cuts, but that it was too early to commit to an income tax cut over other ideas like a reduction to the state’s grocery tax. Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut 2023-11-15T05:00:00Z The tax cuts would be part of a new economic stimulus package he plans to announce by the end of the month. Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks 2023-10-22T04:00:00Z There is disquiet over the results among Tory MPs, with some calling for tax cuts to shore up support. Tax cuts will be considered if inflation falls, cabinet minister says 2023-10-22T04:00:00Z He replaced Liz Truss, who announced her resignation a year ago Friday after her plan for unfunded tax cuts sent financial markets into turmoil and rocked the economy. Britain’s Labour opposition has won 2 big prizes in momentum-building special elections 2023-10-19T04:00:00Z It is true that Mr. Trump’s tax cuts — like those signed by Presidents George W. Bush and Barack Obama — have reduced federal tax receipts as a share of the economy. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z He replaced Liz Truss, who quit in October 2022 after her plan for unfunded tax cuts sent financial markets into turmoil and rocked the economy. 2 special elections could bring more bad news for Britain’s governing Conservatives 2023-10-19T04:00:00Z He said he is determined to help people ride out the impact of soaring prices for food, utilities and other costs that have exceeded their salary increases, by implementing income tax cuts. Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks 2023-10-22T04:00:00Z Former Prime Minister Liz Truss and her allies are among Tory MPs who have called for tax cuts. Tax cuts will be considered if inflation falls, cabinet minister says 2023-10-22T04:00:00Z Republicans gutted a $1 billion Evers package that he called on them to pass in a special session last month and instead put forward an income tax cut that Evers has already vetoed. Wisconsin Senate to pass $2 billion income tax cut, reject Evers’ $1 billion workforce package 2023-10-17T04:00:00Z But the Trump tax cuts are not the only reason the deficit jumped unexpectedly last year. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z There is "no room" for tax cuts or spending increases before an election, a public finances think tank warns. No room for tax cuts or spending rises, IFS think tank warns 2023-10-16T04:00:00Z Labour says it will cut the 15% tax on fresh fruit and vegetables, while centre-right National is pledging income tax cuts and other measures they say will boost business. New Zealand election: Disillusioned voters eye shift away from the left 2023-10-12T04:00:00Z Both main parties have focused on the soaring cost-of-living, tax cuts and crime. New Zealand immigration hits an all-time high as movement surges following pandemic lull 2023-10-10T04:00:00Z Evers and the Legislature have been tussling for months over tax cuts and funding for child care services. Wisconsin Senate to pass $2 billion income tax cut, reject Evers’ $1 billion workforce package 2023-10-17T04:00:00Z In the same period, it predicts, the government’s tax receipts will equal about 18 percent of the economy — a number that assumes many of Mr. Trump’s tax cuts will expire in 2025. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z The institute warns that pre-election tax cuts could prove "unsustainable" and "ultimately mean a protracted recession" as interest rates are forced even higher. No room for tax cuts or spending rises, IFS think tank warns 2023-10-16T04:00:00Z However, the expectation is that at least some of this revenue is transitory, so it cannot be relied upon to fund permanent spending increases or tax cuts. Irish budget: €100bn wealth fund to be set up by mid-2030s 2023-10-10T04:00:00Z They no longer believe in elections, because the American people are rejecting their vision of more tax cuts for billionaires, hating on racial and gender minorities, and more fossil-fuel pollution to destroy our planet. The right's "Red Caesar" plan: GOP's new order marches onward — only voters can stop it 2023-10-09T04:00:00Z They said "driving down inflation is the most effective tax cut we can deliver right now". Taxpayers to pay £40bn due to threshold freeze, think tank says 2023-10-06T04:00:00Z That amount has been reduced by multiple rounds of tax cuts. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z But this warning against tax cuts comes at a time of a significant rise in the tax burden. No room for tax cuts or spending rises, IFS think tank warns 2023-10-16T04:00:00Z Opponents accuse the government of scrapping a key piece of strategic infrastructure to create space for pre-election tax cuts. HS2: Why Rishi Sunak's big gamble may not pay off 2023-10-04T04:00:00Z It's almost as if the network executives are already looking forward to another tax cut when Trump gets back in. The right's "Red Caesar" plan: GOP's new order marches onward — only voters can stop it 2023-10-09T04:00:00Z Chancellor Jeremy Hunt has said it will be "virtually impossible" to deliver tax cuts until the UK economy improves, despite calls for measures to reduce taxes in the Autumn Statement in November. Taxpayers to pay £40bn due to threshold freeze, think tank says 2023-10-06T04:00:00Z Administration forecasters knew the Trump tax cuts would still be in place when their estimates of tax revenues and deficit levels were included in Mr. Biden’s budget proposal early this year. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z There was former Prime Minister Liz Truss, whose calls for tax cuts, deregulation and fracking were lapped up by Tory activists at a packed-out event. Tory right lays ground for life after Rishi Sunak 2023-10-04T04:00:00Z Ms Holland-Lindsay said the Liberal Democrats would reverse tax cuts for banks and create a £3bn fund to help mortgage holders. Mid Bedfordshire by-election in charts 2023-10-04T04:00:00Z He also sought to subtly admonish his immediate predecessor Liz Truss who, returning to the conference a year after her troubled premiership, had called for immediate tax cuts. The facts have changed, says Rishi Sunak, as he scraps HS2 leg 2023-10-04T04:00:00Z Sunak took office just under a year ago after his predecessor Liz Truss alarmed financial markets and roiled the economy with a plan for unfunded tax cuts. UK Prime Minister Rishi Sunak rallies his Conservatives by saying he’s ready to take tough decisions 2023-10-04T04:00:00Z Mr Hunt has already made clear that tax cuts will not be announced in November. Cost of national debt hits 20-year high 2023-10-03T04:00:00Z McCall said House Republicans are prepared to support an income tax cut, but the Senate has been much more cautious in its approach to tax cuts. Oklahoma’s Republican governor wants to cut taxes. His GOP colleagues aren’t sold on the idea. 2023-10-03T04:00:00Z He said: "The best tax cut I can deliver for the British people is to halve inflation." Is inflation a tax? And other Conservative claims checked 2023-10-03T04:00:00Z However, Ms Truss's speech calling for tax cuts got a warm reception from the Tory faithful who fought to get into the packed-out event. We need to stop taxing and banning things, says Liz Truss 2023-10-02T04:00:00Z Chancellor of the Exchequer Jeremy Hunt has ruled out tax cuts, saying they would fuel inflation. UK Treasury chief says he’ll hike the minimum wage but rules out tax cuts while inflation stays high 2023-10-02T04:00:00Z British finance minister Jeremy Hunt poured cold water on growing calls for tax cuts from within the governing Conservative Party on Monday, saying he could not commit to any "inflationary" reduction before the next election. No tax cuts yet, UK finance minister Hunt tells Conservatives 2023-10-02T04:00:00Z British finance minister Jeremy Hunt poured cold water on growing calls for tax cuts from within the governing Conservative Party on Monday, saying he could not commit to any "inflationary" reduction before the next election. EU ministers convene in Ukraine to show support after US, Slovakia wobbles 2023-10-02T04:00:00Z He said any tax cuts this year would be inflationary, making it more difficult to achieve Sunak's pledge made in January to halve inflation by the end of the year. No tax cuts yet, UK finance minister tells Conservatives 2023-10-02T04:00:00Z His chancellor Jeremy Hunt has ruled out tax cuts this year. We need to stop taxing and banning things, says Liz Truss 2023-10-02T04:00:00Z The extracts of the speech released by the party made no reference to taxes after Conservative lawmakers and even senior minister Michael Gove have called for tax cuts ahead of an election expected next year. Britain's finance minister to announce higher minimum wage 2023-10-01T04:00:00Z He said tackling rising prices and curbing inflation was his biggest priority and "the best tax cut" he could deliver. Jeremy Hunt to confirm national living wage to rise to £11 an hour 2023-10-01T04:00:00Z She went on to attack Republicans for giving tax cuts to the wealthy and wanting to cut Medicare and Medicaid, Social Security and benefits for the Special Supplemental Nutrition Program for Women, Infants and Children. Nancy Pelosi says Matt Gaetz has no ‘sway’ in House 2023-10-01T04:00:00Z In the days leading up to the conference, there were calls for tax cuts from some Tory MPs, including former Prime Minister Liz Truss and her allies. Rishi Sunak refuses to commit to pre-election tax cuts 2023-10-01T04:00:00Z Addressing a supportive audience, she called for corporation tax cuts, fracking and the building of 500,000 new homes in England every year. We need to stop taxing and banning things, says Liz Truss 2023-10-02T04:00:00Z Elsewhere, some Tory MPs want tax cuts and Mr Sunak's predecessor, Liz Truss, will use a speech on the fringes of the conference to demand a reduction in corporation tax. Conservatives launch conference with towns funding pledge 2023-09-30T04:00:00Z The chancellor has said tax cuts are "virtually impossible" at the moment, until the economic backdrop improves. Jeremy Hunt to confirm national living wage to rise to £11 an hour 2023-10-01T04:00:00Z Iris Delgado, executive director of the Democratic Assembly’s campaign arm, cited both property tax cut programs as signs the Legislature is mindful of voters’ concerns. Emerging election issues in New Jersey include lawsuits over outing trans students, offshore wind 2023-09-29T04:00:00Z But Chancellor Jeremy Hunt - who will set out his economic plans in his Autumn Statement in November - said last week that tax cuts were "virtually impossible" at present. Rishi Sunak refuses to commit to pre-election tax cuts 2023-10-01T04:00:00Z Since stepping down she has continued to defend the decisions she made while in office, expressing views - such as the need for immediate tax cuts - which put her in conflict with her successor Rishi Sunak. We need to stop taxing and banning things, says Liz Truss 2023-10-02T04:00:00Z His comments come as some senior Tories are set to call for tax cuts ahead of the party's conference this week. Jeremy Hunt says UK must break out of tax rise 'vicious circle' 2023-09-29T04:00:00Z Responding to the report, a Treasury spokesperson said the "most effective tax cut we can deliver" is to "drive down inflation". UK on track for record tax levels, IFS think tank says 2023-09-28T04:00:00Z Last September, Liz Truss had her feet held to the fire about mortgage fees, tax cuts and energy bills. Rishi Sunak: What we learned from PM's BBC radio grilling 2023-09-28T04:00:00Z The prime minister said he thought halving inflation by the end of this year, which is one of his five pledges for government, was the "best tax cut" he could deliver. Rishi Sunak refuses to commit to pre-election tax cuts 2023-10-01T04:00:00Z She called the country “a victim” in the trade dispute and proposed tax cuts to help chip makers. What the U.S.-China Chip War Means for a Critical American Ally 2023-09-27T04:00:00Z But Mr Hunt told the Times "we're not in a position to talk about tax cuts" in the short term. Jeremy Hunt says UK must break out of tax rise 'vicious circle' 2023-09-29T04:00:00Z Mr Hunt however said last week that tax cuts were "virtually impossible". UK on track for record tax levels, IFS think tank says 2023-09-28T04:00:00Z He hit a low in the polls in December 2017 after he signed a tax cut bill that benefited corporations and high earners. Why Biden may need to defy history to beat Trump 2023-09-27T04:00:00Z After blasting Sánchez, Feijóo laid out the main points of his plan to govern, which included tax cuts along with a pledge to make preschool free for children up to 3 years old. Leader of Spain’s conservatives has a slim chance of winning lawmakers’ approval for his government 2023-09-26T04:00:00Z He has not proposed any new tax cuts for individuals. Column: Trump has a second-term agenda, and it's more terrifying than ever 2023-09-24T04:00:00Z Mr Hunt has already effectively ruled out tax cuts in the Autumn Statement, which is due in November, telling LBC radio earlier this month that it would be "virtually impossible". Jeremy Hunt says UK must break out of tax rise 'vicious circle' 2023-09-29T04:00:00Z Another Conservative, John Redwood said there were "affordable tax cuts to be had", including raising the VAT threshold for businesses and slashing duties on fuel. UK on track for record tax levels, IFS think tank says 2023-09-28T04:00:00Z Thailand, Asia's fourth-largest automobile assembly hub, has been offering incentives to EV and battery makers, and tax cuts to local EV buyers, to remain a regional auto centre. Thailand expects Tesla, Google, Microsoft to invest $5 billion, prime minister says 2023-09-24T04:00:00Z Mr Johnson argues that what he calls "desperate truncations" would not yield any short-term savings "and make no difference to the case for tax cuts". HS2: Johnson warns against 'mutilated' version of HS2 2023-09-22T04:00:00Z The chancellor also indicated this week that we can't expect tax cuts in November's Autumn Statement, as he focuses on meeting his self-imposed financial rules. Inflation falls - but things could get worse for many households 2023-09-22T04:00:00Z The "full weight of the network" was thrown behind passing the 2017 Trump tax cut, securing a windfall for the Kochs and their donors. Revealed: Clarence Thomas went to Koch donor events 2023-09-22T04:00:00Z The nonpartisan Congressional Budget Office calculated that, over the next 11 years, Republicans' tax cuts will continue to increase the national debt by another $1.9 trillion. Tormenting Kevin McCarthy is the point 2023-09-22T04:00:00Z Chancellor Jeremy Hunt has said it will be "virtually impossible" to deliver tax cuts until the UK economy improves. Tax cuts 'virtually impossible' at present, says Jeremy Hunt 2023-09-22T04:00:00Z President Donald Trump and the promise of tax cuts for major corporations made investors very happy with the Nasdaq surging nearly 30 percent and the S&P 500 posting a 21.83 percent return in 2017. What is the Average Return on Investment of Mutual Funds? 2018-09-19T04:00:00Z Capitalism is supposed to work "for the good of the American people," Biden has said, but decades of "trickle down" tax cuts for companies and the wealthy in the U.S. have undermined the system. UAW strikes at automakers highlight skyrocketing US CEO pay 2023-09-20T04:00:00Z They include deeper income tax cuts and expanding dramatically the program that gives taxpayer funds to families so their children can attend K-12 private schools. Latest maneuvering on North Carolina budget, casinos could end with Medicaid expansion going down 2023-09-19T04:00:00Z She will also argue that her tax cuts were not unfunded as they would have increased revenue in the long term. Liz Truss urges PM to cut taxes and benefit increases 2023-09-17T04:00:00Z It is not surprising that tax cuts are not being considered right now - government insiders have been saying that for months. Tax cuts 'virtually impossible' at present, says Jeremy Hunt 2023-09-22T04:00:00Z Republicans in Congress are pushing to make Trump's tax cuts permanent, and some Republican candidates running in the 2024 election have proposed changes to the popular Social Security plan. Biden to criticize Trump-style economics, warn of government shutdown 2023-09-14T04:00:00Z Boebert would probably have her seat for decades if she could give up trolling for a life of quietly voting for tax cuts and against environmental regulations. Even Lauren Boebert knows a phony Biden impeachment will backfire — why the GOP will do it anyway 2023-09-14T04:00:00Z The tax cuts would then work to offset higher consumer costs resulting from the tariffs' imposition. Trump plots tax cuts as poverty rises in America 2023-09-12T04:00:00Z The gas tax rebate lets Kemp instead pivot to talking about his tax cut efforts. Georgia Gov. Brian Kemp is suspending state gas and diesel taxes again 2023-09-12T04:00:00Z The open records law changes have drawn far more opposition than other items on the special session agenda, including a tax cut proposal that followed the state reporting its second-largest budget surplus in history. Effort to restrict public’s access to Arkansas records stumbles at start of legislative session 2023-09-11T04:00:00Z However, authorities have yet to announce large-scale stimulus spending or tax cuts. China exports decline slower than expected in August as economy remains under pressure 2023-09-06T04:00:00Z Sanders has left open the possibility of calling a session to focus primarily on tax cuts. Arkansas blogger files suit seeking records related to Gov. Sarah Huckabee Sanders’ travel, security 2023-09-06T04:00:00Z Democrats, including Biden, have decried the Trump tax cuts for shoveling money back into the hands of the wealthy and large corporations. Trump plots tax cuts as poverty rises in America 2023-09-12T04:00:00Z Kemp told state agencies they could propose more spending using Georgia’s surplus funds, but Tuesday’s action shows further tax cuts may be Kemp’s favored way to soak up the extra cash. Georgia Gov. Brian Kemp is suspending state gas and diesel taxes again 2023-09-12T04:00:00Z A Senate committee on Monday endorsed the tax cut legislation, which calls for cutting the top individual and corporate income tax rates by .3%. Effort to restrict public’s access to Arkansas records stumbles at start of legislative session 2023-09-11T04:00:00Z The combination of tax cuts and increased spending is possible because the state had accumulated a multibillion surplus. Virginia lawmakers pass long-overdue budget bill with tax rebates, extra aid for schools 2023-09-06T04:00:00Z The Trump tax cuts cost an estimated $2 trillion over 10 years. A huge threat to the U.S. budget has receded. And no one is sure why. 2023-09-05T04:00:00Z "Trump has not yet committed to specific tax cut numbers for his second term agenda, and his focus will be on how best to help American workers," Miller added. Trump plots tax cuts as poverty rises in America 2023-09-12T04:00:00Z The income tax cuts reflect a push by Republicans to shift to a system more reliant on taxing consumption instead of production, an emphasis some economists say hits low-income earners disproportionately hard. Cameron touts income tax cuts, Medicaid work rules for some able-bodied adults in his economic pitch 2023-08-30T04:00:00Z Evers vetoed that same income tax cut in the state budget. Wisconsin Republicans revive income tax cut after Evers vetoed similar plan 2023-08-29T04:00:00Z “This budget agreement prioritizes Virginia families, especially our veterans and our children, over the tax cuts that the Republicans wanted to give to big corporations,” House Democratic Leader Don Scott said. Virginia lawmakers pass long-overdue budget bill with tax rebates, extra aid for schools 2023-09-06T04:00:00Z Lindner dismissed calls for the government to spend to help the economy grow again, saying spending would stoke inflation and corporate tax cuts would have a bigger impact. Germany agrees 32 bln euro tax cuts to give economy 'big boost' 2023-08-29T04:00:00Z Democrats also hope the Trump campaign will embrace expanding the corporate tax cut. Trump plots tax cuts as poverty rises in America 2023-09-12T04:00:00Z He secured historic tax cuts while restoring American manufacturing by enacting or improving trade deals with Canada, Mexico, South Korea, Japan and others. Why Trump is winning the GOP primary - handily 2023-08-29T04:00:00Z He had no immediate comment on the new Republican proposal, but his spokesperson Britt Cudaback posted reminders on social media that Republicans had rejected a 10% middle-class income tax cut the governor previously proposed. Wisconsin Republicans revive income tax cut after Evers vetoed similar plan 2023-08-29T04:00:00Z In Congress, Sundquist voted against banning assault weapons, helped write and pass a comprehensive ethics code and supported a capital gains tax cut and a balanced budget amendment. Former 2-term Republican Tennessee Gov. Don Sundquist dies at 87 2023-08-27T04:00:00Z It presumably does not include the corporate tax cut Youngkin and House Republicans previously sought, which Knight indicated weeks ago his party had conceded. Virginia lawmakers say they have deal on ‘major components’ of budget, including rebates, tax cuts 2023-08-25T04:00:00Z Despite the more pressing matters on the table for some, many Republicans welcome the opportunity to regain control of the government to approve additional tax cuts. Trump plots tax cuts as poverty rises in America 2023-09-12T04:00:00Z But she vetoed an array of tax cuts and credits to safeguard state finances. Oil production boosts government income in New Mexico, as legislators build savings ‘bridge’ 2023-08-23T04:00:00Z The retirement tax cut is a new proposal. Wisconsin Republicans revive income tax cut after Evers vetoed similar plan 2023-08-29T04:00:00Z Hutchinson, 72, has touted his experience leading the deeply conservative state as proof he can deliver on policies Republican voters care about, citing tax cuts and job creation initiatives. Who qualifies for the Republican debate that Trump is skipping? 2023-08-21T04:00:00Z The statement did not specify the total proposed amounts of tax cuts or spending allocations, and it did not elaborate on any remaining sticking points. Virginia lawmakers say they have deal on ‘major components’ of budget, including rebates, tax cuts 2023-08-25T04:00:00Z Economists say China needs measures to boost consumption and business confidence, such as tax cuts or government-funded consumption vouchers, but add that unlike previous slowdowns, there is no quick fix. Analysis: Why is China not rushing to fix its ailing economy? 2023-08-17T04:00:00Z More recently, presidents have tapped Congress to deliver on their vision for social or fiscal policy, with the Affordable Care Act, or Obamacare, a decade ago and Trump’s GOP tax cuts in 2017. In ‘Bidenomics,’ Congress delivered a once-in-generation investment — with political promise, peril 2023-08-15T04:00:00Z But Republicans are trying to work with Evers as evidenced by them not reviving the income tax cut for the highest bracket, which Evers also vetoed in July. Wisconsin Republicans revive income tax cut after Evers vetoed similar plan 2023-08-29T04:00:00Z Options include government-funded consumer vouchers, significant tax cuts, encouraging faster wage growth, building a social safety net with higher pensions, unemployment benefits and better, and more widely available, public services. How much worse can China's economic slowdown get? 2023-08-15T04:00:00Z He said it involves tax relief, mostly in the form of rebates but also some permanent tax cuts. Virginia Senate Democrats make another counteroffer in long-running budget talks 2023-08-11T04:00:00Z George W. Bush said tax cuts would do the trick. Biden pitching his economic policies as a key to manufacturing jobs revival 2023-08-08T04:00:00Z The ruling party has promised measures to support entrepreneurs and to encourage home purchases and consumer spending but hasn’t announced large-scale stimulus spending or tax cuts. China’s exports sink 14.5% in July from a year ago, adding to pressure to shore up flagging economy 2023-08-07T04:00:00Z It was unclear whether Republicans in the Senate, which must also sign off on any tax cut, agree to the plan. Wisconsin Republicans revive income tax cut after Evers vetoed similar plan 2023-08-29T04:00:00Z The rush for the safety of CDs and other safer wealth management products undermines policymakers’ drive to boost demand and consumption through tax cuts and the relatively restrained property support measures. Analysis-China's stubborn savers risk precipitating liquidity trap 2023-08-04T04:00:00Z Finding a way to restore the property sector's health would have greater impact on the economy, than tax cuts or growth in the technology sector would deliver. Analysis: Words only go so far: Investors want property fixed before buying China 2023-07-31T04:00:00Z But they have yet to give details possible tax cuts or spending and have avoided announcing a large-scale stimulus. China factory activity shrinks in July, adding to pressure to reverse economic slump 2023-07-30T04:00:00Z That budget was supposed to be in place by June 30, but House and Senate Republicans are still negotiating over tax cuts and how to earmarks billions of dollars into reserves. Medicaid expansion in North Carolina will begin Oct. 1, if lawmakers can enact a budget 2023-07-26T04:00:00Z The Assembly GOP tax cut plan comes after Evers vetoed a $3.5 billion income tax cut to just $175 million, which left the average taxpayer with a $3 monthly reduction in taxes. Wisconsin Republicans revive income tax cut after Evers vetoed similar plan 2023-08-29T04:00:00Z She promised to boost the economy through "bold" tax cuts - a move that her leadership rival and successor as prime minister, Rishi Sunak, predicted would stoke further inflation. Treasury boss Tom Scholar received £335k payout after sacking 2023-07-20T04:00:00Z With deteriorating public finances, Mr. Sunak can neither spend heavily to raise wages for striking doctors or railway workers, nor can he offer tax cuts to voters. As Sunak Makes His Case to Britons, the Economy Undermines It 2023-07-19T04:00:00Z The surge in gilt yields last September as investors took fright at the scale of unfunded tax cuts planned by former Prime Minister Liz Truss has been another challenge. Analysis: For markets, BoE communication is bottom of the class 2023-07-17T04:00:00Z With the economy in serious trouble, they share some of the ethos of the current government, however uncomfortable that might feel, that now is not the time for huge spending or huge tax cuts. Laura Kuenssberg: What could go wrong for Keir Starmer? 2023-07-15T04:00:00Z Evers argued then that he was vetoing the tax cut to make money available for other priorities. Wisconsin Republicans revive income tax cut after Evers vetoed similar plan 2023-08-29T04:00:00Z Ms Reeves has scaled back her green ambitions just as Chancellor Jeremy Hunt has talked down the prospect of tax cuts. Laura Kuenssberg: Why you should not expect a cheque book election 2023-07-08T04:00:00Z The specter of a sweeping defeat has put Mr. Sunak under pressure from Tory backbenchers to offer voters relief in the form of tax cuts or help in paying their mortgages. As Sunak Makes His Case to Britons, the Economy Undermines It 2023-07-19T04:00:00Z The average tax cut under the income tax cut as signed by Evers on Wednesday is $36, or just under 1% of the total net tax owed, according to the nonpartisan Legislative Fiscal Bureau. Average income taxes in Wisconsin to go down $3 a month under cut signed by Evers 2023-07-07T04:00:00Z State Republicans, who have made an art of blocking Governor Evers’s agenda, quickly condemned the veto, which also rejected a Republican tax cut plan that included relief for top-income brackets. With a Creative Edit, the Wisconsin Governor Raises School Funding. For 400 Years. 2023-07-06T04:00:00Z That’s a big change from the Trump years, when the GOP’s most significant legislative achievement was an enormous tax cut for corporations and the wealthy. Column: Bidenomics has been a boon for working class voters. Why don't they give him credit? 2023-07-06T04:00:00Z That year, Evers took credit for the income tax cut written by Republicans and used it as a key part of his successful 2022 reelection campaign. Wisconsin’s Democratic governor scales back Republican tax cut, signs state budget 2023-07-05T04:00:00Z Biden says his economic philosophy is the opposite of a Republican approach that favors broad tax cuts to spur growth. What’s ‘Bidenomics’? The president hopes a dubious nation embraces his ideas condensed into the term 2023-07-03T04:00:00Z Evers and Democrats said the GOP tax cut benefitted the wealthy at the expense of the middle class. Average income taxes in Wisconsin to go down $3 a month under cut signed by Evers 2023-07-07T04:00:00Z Mr. Trump touted the tax cuts passed on his watch. Trump rallies voters Independence Day Celebration in South Carolina, rails against ‘Crooked Joe’ Bid 2023-07-01T04:00:00Z They are radical rather than pragmatic, undeterred by the mountain of evidence that tax cuts don't increase revenue, an unregulated market is not stable, and banning abortion won't make people more moral. There's no such thing as a conservative intellectual — only apologists for right-wing power 2023-07-01T04:00:00Z The influential group, which pushes for tax cuts and less government regulation, is set to dive into the Republican presidential primaries for the first time in its two-decade history. US conservative group led by billionaire Koch to spend big to beat Trump 2023-06-29T04:00:00Z Sri Lanka's economy has been hit hard by the pandemic, rising energy prices, populist tax cuts and inflation of more than 50%. Sri Lanka: Five-day bank holiday for domestic debt restructuring 2023-06-29T04:00:00Z That left a tax cut only for taxable income up to those levels, or just $175 million out of the original $3.5 billion Republican plan over the next two years. Average income taxes in Wisconsin to go down $3 a month under cut signed by Evers 2023-07-07T04:00:00Z The president’s advisers argue that Mr. Biden’s rejection of tax cuts and his focus on policies that help the middle class are a good contrast with Reagan. Biden Expresses Confidence on the Economy. Voters May Be Skeptical. 2023-06-26T04:00:00Z But that is due in large part to increased individual income tax receipts after the tax cuts under President Donald Trump are set to expire after 2025. US public debt is projected to reach 181% of American economic activity in 30 years 2023-06-28T04:00:00Z The projections are based on currently enacted laws, and assume that individual income tax rates snap back to higher levels after 2025, when tax cuts passed by Republicans in 2017 expire. US public debt burden to rise to 181% of GDP by 2053, CBO projects 2023-06-28T04:00:00Z Yet Biden has stressed that he provides an alternative to GOP policies that try to boost the economy mostly through tax cuts. Biden is eager to run on the economy — ‘Bidenomics’ — but voters have their doubts 2023-06-27T04:00:00Z Vos has also said Republicans may introduce another tax cut proposal later this year. Average income taxes in Wisconsin to go down $3 a month under cut signed by Evers 2023-07-07T04:00:00Z Senate Democrats said at the time that tax cuts beyond the $4 billion they agreed to last year would be irresponsible with a possible recession on the horizon. Virginia legislative leaders say budget talks break down, future steps uncertain 2023-06-27T04:00:00Z “Those issues were ignored, denied, for this, what they came out with today, which was primarily a tax cut for the very wealthy,” McGuire said. Wisconsin Republicans pass plan to cut income taxes by 15% on average 2023-06-23T04:00:00Z Some Tory MPs have been repeatedly calling for tax cuts. What can Rishi Sunak do to tackle inflation? 2023-06-22T04:00:00Z Democratic House Leader Don Scott said his party would push back against Republicans “attacking voting rights, banning books, attacking children in classrooms” and a governor who wants to enact corporate tax cuts. Ousted incumbents, key matchups set: Takeaways from Virginia’s primary election 2023-06-21T04:00:00Z White House officials say Republicans’ quick pivot to tax cuts reveals they were never sincere about shrinking deficits during the debt limit debate. Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign 2023-06-19T04:00:00Z Youngkin’s proposed corporate tax cuts were a nonstarter for Senate Democrats and were no longer included in the agreed-upon deal, he said. Virginia legislative leaders say budget talks break down, future steps uncertain 2023-06-27T04:00:00Z The income tax cut will be paid for by tapping the state’s projected $7 billion surplus. Wisconsin Republicans pass plan to cut income taxes by 15% on average 2023-06-23T04:00:00Z The biggest point of contention will be the GOP‘s push to pay for the tax cuts by rescinding more than $200 billion in green energy tax credits from Mr. Biden‘s climate law. GOP’s tax bill gives over $200 billion in cuts, punishes Chinese and Russian land grabs in U.S. 2023-06-17T04:00:00Z During the 2022 session, legislators enacted a plan to reduce the state income tax over four years — Mississippi’s largest tax cut ever. Republicans tout conservative credentials in lieutenant governor primary 2023-06-16T04:00:00Z The bottom 40% of households would on average have tax cuts of less than $12 a month, according to an analysis by the Tax Policy Center. Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign 2023-06-19T04:00:00Z House Republicans initially sought additional tax cuts Youngkin has prioritized, including a reduction to the corporate tax rate. Virginia legislative leaders say budget talks break down, future steps uncertain 2023-06-27T04:00:00Z At the same time, House Republicans started considering a new round of tax cuts this week. U.S. National Debt Tops $32 Trillion for First Time 2023-06-16T04:00:00Z Democrats are not the only obstacle to the tax cut package. GOP’s tax bill gives over $200 billion in cuts, punishes Chinese and Russian land grabs in U.S. 2023-06-17T04:00:00Z Far from raising taxes on the rich, the RSC budget calls for massive tax cuts by proposing a permanent extension of the individual tax provisions of the 2017 Trump-GOP tax law. House GOP panel releases budget that would "destroy Social Security as we know it" 2023-06-16T04:00:00Z But the Biden tax breaks they want to eliminate extend over 10 years, leading to the charge that Republicans are hiding the full expense of their tax cuts. Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign 2023-06-19T04:00:00Z This means that the average tax cut for a person in the top 1 percent — with an average income of $2.5 million — would be $16,550. GOP follows debt fight with bill to give $24 billion tax cut to the top 1 percent 2023-06-14T04:00:00Z He notched wins during the Trump administration in the form of tax cuts and conservative nominees to the Supreme Court. Koch-backed super PAC targets Trump in digital ads 2023-06-14T04:00:00Z House Republicans have assembled a $237 billion tax cut package with a bevy of provisions to bolster the economy and offset the impact of 40-year high inflation on American workers. GOP’s tax bill gives over $200 billion in cuts, punishes Chinese and Russian land grabs in U.S. 2023-06-17T04:00:00Z Former PM Liz Truss's mini-budget last year, which included billions of pounds of unfunded tax cuts, also prompted turmoil in the financial markets and led to interest rates rising further. Labour to delay £28bn green investment pledge 2023-06-09T04:00:00Z “They’re taking 10 years of revenue and using it to pay for two years of tax cuts. They make the tax cuts temporary so it looks like it costs less than it actually costs.” Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign 2023-06-19T04:00:00Z The average tax cut for someone in the bottom 20 percent — a group with an average income of $13,800 — would be $40. GOP follows debt fight with bill to give $24 billion tax cut to the top 1 percent 2023-06-14T04:00:00Z Things do not look any easier as Congress contemplates a tax package to beef up U.S. manufacturing ahead of the Trump-era tax cuts expiring in 2025. Hardliners threaten to freeze McCarthy’s legislative agenda in retaliation for Biden debt limit deal 2023-06-08T04:00:00Z Without the green energy clawback, the total cost of the $237 billion tax cut package could run afoul of the debt limit agreement. GOP’s tax bill gives over $200 billion in cuts, punishes Chinese and Russian land grabs in U.S. 2023-06-17T04:00:00Z The committee has yet to tackle some of the biggest ticket items, including transportation, K-12 funding and tax cuts. Wisconsin GOP leader threatens to pull Milwaukee funding from plan unless deal reached 2023-06-07T04:00:00Z While Republicans are premising their tax cuts on the need to get tax relief flowing through the economy, Democrats are positioning their preferred tax breaks as investments that would occur over decades. Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign 2023-06-19T04:00:00Z In other words, Republicans are seeking to fund their major tax cut plan by boosting the fossil fuel industry and harming the climate. GOP follows debt fight with bill to give $24 billion tax cut to the top 1 percent 2023-06-14T04:00:00Z House Republicans are prepping a wish list of tax cuts, including ones allowing businesses to write off the depreciation of assets quicker, on top of extending the Trump-era rates. Hardliners threaten to freeze McCarthy’s legislative agenda in retaliation for Biden debt limit deal 2023-06-08T04:00:00Z Mr. DeSantis has an impressive legislative record — tax cuts, near universal school choice, paycheck protection for unionized public employees and sizable funding for Everglades restoration. Biden reelection bid in trouble, but GOP hopefuls offer little challenge 2023-06-06T04:00:00Z On top of that, tax cuts passed by Republicans in 2017 expire on schedule in 2025, but the party is pushing to extend them. Analysis: Debt-ceiling deal ignores US debt time bomb 2023-06-05T04:00:00Z But the benefits are limited because the business tax cuts are mostly temporary and unlikely to change the investment and hiring choices of companies. Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign 2023-06-19T04:00:00Z Further, if this is the only plan to offset the tax cuts, the plan would still pile billions of dollars onto the deficit. GOP follows debt fight with bill to give $24 billion tax cut to the top 1 percent 2023-06-14T04:00:00Z Democrats are likely to oppose those plans, though they are open to keeping the Trump-era tax cuts for middle-class families. Hardliners threaten to freeze McCarthy’s legislative agenda in retaliation for Biden debt limit deal 2023-06-08T04:00:00Z He never followed through on anything except tax cuts for his friends. Ron DeSantis is dry and dull — yet still more dangerous than Donald Trump 2023-06-05T04:00:00Z And with the economy relatively stable and some federal pandemic relief funds still unspent, many states had money available to create new programs, pass tax cuts or send checks to residents. In a Contentious Lawmaking Season, Red States Got Redder and Blue Ones Bluer 2023-06-04T04:00:00Z Jones said the day was historic because of the size of the tax cut, which would be worth more than $300 million annually, and because it had been sought for so long. After decades of attempts, major Alabama bill to cut state’s 4% grocery tax wins final passage 2023-06-02T04:00:00Z "Not even a week after their manufactured default crisis and it is back to tax cuts for the wealthy and well-connected," said Neal. GOP follows debt fight with bill to give $24 billion tax cut to the top 1 percent 2023-06-14T04:00:00Z He promoted hate and division, tax cuts for the rich and gutting the Ukrainian social safety net, and supported some of Ukraine's most toxic politicians. What little Ukraine can teach big America about how to deal with our oligarch problem 2023-06-02T04:00:00Z Jones said the day was historic because of the size of the tax cut, which would be worth more than $300 million annually, and because the tax cut had been sought for so long. After decades of attempts, major Alabama bill to cut state’s 4% grocery tax wins final passage 2023-06-01T04:00:00Z Greens lawmaker Katharina Beck told Reuters that Lindner "cannot ask others to save and then propose millions in tax cuts himself if he wants to draw up a serious budget for a sustainable Germany." Germany bids to rebuild Berlin's buzz for startups 2023-06-01T04:00:00Z The Missouri Republican added that Americans want Congress to build on the Trump tax cuts "with more tax relief." Analysis: US debt-ceiling deal dooms Biden's revolutionary tax plans 2023-06-01T04:00:00Z In that role, he passed the largest tax cut in state history, and signed bills to restrict abortion and protect religious freedom. US presidential election 2024: Trump's top Republican challengers 2023-05-31T04:00:00Z Her budget-busting tax cuts were viewed as so reckless that financial analysts took to calling Britain’s elevated bond yields a “moron risk premium.” Sunak Still Can’t Put the Johnson and Truss Debacles Behind Him 2023-05-31T04:00:00Z Alabama lawmakers had proposed multiple tax cuts this year. After decades of attempts, major Alabama bill to cut state’s 4% grocery tax wins final passage 2023-06-01T04:00:00Z Republicans showed they were willing to crash the U.S. economy to make some bog-standard complaints about the federal deficit, most of which they created themselves through the 2017 tax cuts they enacted for the wealthy. Column: With debt ceiling deal, GOP reveals its only real goal was cruelty to the poor 2023-05-28T04:00:00Z The 2024 presidential election is already becoming a new battle ground over taxes as both parties posture over the expiration of 2017 individual tax cuts and the overall level of taxation in the economy. Analysis: US debt-ceiling deal dooms Biden's revolutionary tax plans 2023-06-01T04:00:00Z “I don’t like that Republicans passed a $1.7 trillion tax cut on the wealthiest people in this country,” she added. AOC townhall descends into shouting match among constituents 2023-05-27T04:00:00Z His office touted the income tax cut as the largest in state history. North Dakota Gov. Doug Burgum expected to announce 2024 bid for president, Republican allies say 2023-05-26T04:00:00Z He also signed into law the largest income tax cut in state history. North Dakota's Republican governor set to launch US presidential bid 2023-05-26T04:00:00Z As I’ve written before, if Republicans were really serious about restraining federal spending, they wouldn’t have voted for the tax cuts and budget increases that that contribute to the deficit. Column: With debt ceiling deal, GOP reveals its only real goal was cruelty to the poor 2023-05-28T04:00:00Z Lawmakers regularly need to raise the self-imposed debt limit to cover the cost of spending and tax cuts they have already approved. White House, Republicans seek to close US debt-ceiling deal as deadline nears 2023-05-25T04:00:00Z Congress regularly needs to raise the nation's self-imposed debt limit to cover the cost of spending and tax cuts it has already approved. White House, Republicans plan to convene on US debt ceiling as deadline looms 2023-05-24T04:00:00Z Tuesday's decree, like the tax cuts he announced last week for middle-income earners and small businesses, is subject to approval by the constitutional court. Ecuador's Lasso issues decree to boost investment 2023-05-23T04:00:00Z The IMF also praised the British government for reestablishing credibility following the “stress episode” of last September’s big tax cuts of the short-lived government of former Prime Minister Liz Truss. U.K. economy to avoid recession, but inflation still a worry, IMF says 2023-05-23T04:00:00Z His one signature piece of legislation proved to be a tax cut that transferred billions of dollars to the already super-rich. Donald Trump and Ron DeSantis: Two peas in a (white nationalist) pod 2023-05-23T04:00:00Z He argued deeper income tax cuts in the competing House and Senate budget proposals that also would benefit the highest wage earners would ultimately empty state coffers. North Carolina governor says GOP teacher pay, voucher plans a public education ‘disaster’ 2023-05-22T04:00:00Z Partisan divisions in Congress have widened while the debt has grown after years of rising spending and deep tax cuts. What it would mean for the global economy if the US defaults on its debt 2023-05-22T04:00:00Z And he argues deeper income tax cuts in the competing House and Senate budget proposals that also would benefit the highest wage earners will ultimately empty state coffers. North Carolina governor says GOP teacher pay, voucher plans a public education ‘disaster’ 2023-05-22T04:00:00Z He and his Treasury chief, Jeremy Hunt, made it their priority to restore faith in Britain’s finances by reversing those tax cuts and tightening spending. U.K. economy to avoid recession, but inflation still a worry, IMF says 2023-05-23T04:00:00Z McCarthy told reporters debt ceiling talks have not included discussions about tax cuts passed under former President Donald Trump, a Republican. Fresh round of debt ceiling talks kick off as US default worries grow 2023-05-22T04:00:00Z The source also said House Republicans want to extend tax cuts passed under former President Donald Trump, which would add $3.5 trillion to the federal debt. Biden, House Speaker McCarthy could speak Sunday on debt limit 2023-05-21T04:00:00Z Republicans are pushing for sharp spending cuts in exchange for the increase in the government's self-imposed borrowing limit, a move needed regularly to cover costs of spending and tax cuts previously approved by lawmakers. Washington quiet as debt ceiling deadline inches closer 2023-05-20T04:00:00Z Never Back Down, a super PAC supporting Mr. DeSantis, pointed to the governor’s record of tax cuts and growth in Florida. 50 N.H. lawmakers endorse DeSantis ahead of formal announcement 2023-05-16T04:00:00Z That mini-budget led to a sharp increase in borrowing costs and fears about the viability of some pension funds as financial markets questioned the government’s unfunded tax cuts. U.K. economy to avoid recession, but inflation still a worry, IMF says 2023-05-23T04:00:00Z Expand Child Tax Credit through 2025 and convert it to monthly payments, expand the Earned Income Tax Credit for low-wage earners and expand other tax cuts and credits, for an estimated cost of $615 billion. Biden's budget vs. House debt limit bill on spending, deficits, taxes 2023-05-15T04:00:00Z That was soon undone by the massive Bush tax cuts for the rich and for corporations, followed by further such cuts under Trump. Republicans: ‘Destructive ideology’ 2023-05-12T04:00:00Z He used that to justify President George W. Bush’s tax cuts and then the “Global War on Terror” and invasions of Afghanistan and Iraq. Playing chicken on federal default risks a world economy fried 2023-05-12T04:00:00Z The debt limit was raised three times without a fight during Trump's four years as president, a period when the national debt also exploded because of his tax cuts. Trump plays down consequences of a US default: 'Could be maybe nothing' 2023-05-11T04:00:00Z “We created the greatest economy in history. A big part of that economy was I got you the biggest tax cuts in the history of our country, bigger than the Reagan cuts.” Trump Revives Election Lies and False Boasts in CNN Town Hall 2023-05-10T04:00:00Z Republicans want to extend the tax cuts approved by Mr. Trump, which would expire at the end of 2025. How Past Debt Limit Crises Shaped Biden’s No-Negotiation Stance 2023-05-10T04:00:00Z The White House has said the deal forces "middle class and working families to bear the burden of tax cuts for the wealthiest" and has "no chance" of becoming law. Will the US default on debt on 1 June? A really simple guide to debt ceiling 2023-05-08T04:00:00Z Biden has insisted for months that raising the debt ceiling, a move needed to cover the costs of spending and tax cuts already approved by Congress, should not be linked to budget talks. Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms 2023-05-08T04:00:00Z Republicans countered with a budget that featured deep cuts to federal health care spending, privatizing Medicare for future beneficiaries and new tax cuts. In Debt Limit Talks, Biden and Republicans Start Far Apart 2023-05-08T04:00:00Z Nor were the tax cuts Mr. Trump signed into law in 2017 the “biggest” ever. Trump Revives Election Lies and False Boasts in CNN Town Hall 2023-05-10T04:00:00Z But if a leadership crisis is unlikely, the results could prompt internal sniping against Mr. Sunak, including renewed demands for tax cuts. Conservative Party Suffers Stinging Losses in England’s Local Elections 2023-05-05T04:00:00Z The country aims to become a key player in the global EV supply chain outside of China by offering tax cuts and subsidies to drive EV adoption and production. China's Hozon to produce EVs in Thailand for Southeast Asian market 2023-05-06T04:00:00Z The promise of billions of pounds of tax cuts without explaining how they would be paid for sparked turmoil on financial markets and drove up borrowing costs. Number of people getting mortgages rises sharply 2023-05-04T04:00:00Z Record prices for commodities, the lifeblood of the Australian economy, will help Treasurer Jim Chalmers pay for tax cuts, interest bills, and more spending on childcare and health, when he presents a budget next Tuesday. Australia budget to trim forecast for cost of servicing debt for next three years 2023-05-04T04:00:00Z In September, former chancellor Kwasi Kwarteng promised billions of pounds of tax cuts without explaining how they would be paid for. House prices in surprise 0.5% rise in April 2023-05-02T04:00:00Z By this theory, the enterprise of Reaganite conservatism is dead, having sold itself out for a bunch of judges and tax cuts. Opinion | Ron DeSantis needs to ask himself this question 2023-04-27T04:00:00Z Democrats urged prompt action to raise the limit, necessary to cover the costs of spending and tax cuts previously agreed to by Congress. US lawmakers dig into partisan corners as debt ceiling default looms 2023-05-02T04:00:00Z “And yet I still get a bunch of stuff done … like the largest tax cut for our veterans, fixing foster care and getting our gun rights back.” Two GOP nominating contests kick off election year crucial to Youngkin 2023-04-28T04:00:00Z Calvin Coolidge in 1924 became the first president to attend, giving a serious speech about tax cuts. ‘Fatty’ Price, the first White House correspondent, operated by ambush 2023-04-29T04:00:00Z Kelly’s office also released state data showing how the GOP’s income tax cuts would affect broad classes of taxpayers differently. A veto and a switch: Kansas to see no big tax cuts this year 2023-04-29T04:00:00Z The White House says that it will not negotiate on raising the debt ceiling, a move necessary to cover the costs of spending and tax cuts previously approved by Congress. Time for daily talks between Biden, Republicans on debt, moderate Democrat says 2023-04-28T04:00:00Z Reducing spending would also give Republicans more leeway in the future to extend tax cuts passed under Donald Trump, which disproportionately benefited wealthy Americans. The Fight Over the Debt Limit 2023-04-27T04:00:00Z Still, Democrats in the Senate will try to sell the idea by framing it as a partial reversal of the federal tax cuts signed into law by former Republican President Donald Trump. California Democrats propose tax changes for businesses 2023-04-26T04:00:00Z After lawmakers agreed to a compromise tax cut of 21.25%, Justice signed it in early March. WVa GOP governor to reveal plans amid Senate run speculation 2023-04-26T04:00:00Z But Kelly told reporters, “I’m not going to take any blame for the lack of tax cuts this year.” A veto and a switch: Kansas to see no big tax cuts this year 2023-04-29T04:00:00Z The “behavior” at hand is Congress’ willingness to pass spending bills and cut federal revenues through tax cuts. Column: The GOP's debt ceiling proposal bundles every bad policy idea into one noxious package 2023-04-26T04:00:00Z He was elected governor in 2014 and while in office signed a series of income tax cuts and restrictions on abortion, including an outright ban on the procedure that became effective when the U.S. Asa Hutchinson to formally launch 2024 campaign in Arkansas 2023-04-25T04:00:00Z “But it also ensures that the biggest corporations that pocketed massive tax cuts under Trump will start to pay their fair share.” California Democrats propose tax changes for businesses 2023-04-26T04:00:00Z Continuing all those tax cuts — some of which Biden also wants to preserve — would add about $2.7 trillion to deficits over 10 years. As Biden, McCarthy clash on US debt, what are differences? 2023-04-25T04:00:00Z Aides said he was expected to keep up the same themes he had focused on for months: claiming credit for an improving economy and assailing Republicans on abortion, tax cuts, guns and intolerance. Rallying union workers, Biden opens his 2024 campaign. Here’s the latest. 2023-04-25T04:00:00Z The government also announced a 1.8-billion-euro tax cut for affected farmers. Spain pleads for EU crisis funds as drought hits farmers 2023-04-25T04:00:00Z He’s spent the last several months road-testing campaign themes, including painting Republicans as fighting for tax cuts for businesses and the wealthy while trying to cut social safety net benefits relied on by everyday Americans. Biden to launch ’24 bid, betting record will top age worries 2023-04-24T04:00:00Z A larger budget deficit could make the Democrats’ tax cut proposal infeasible. California Democrats propose tax changes for businesses 2023-04-26T04:00:00Z Romney wasn’t in the Senate when those tax cuts were enacted, but I haven’t seen any evidence that he’s called for rescinding them. Column: Julie Su would be a perfect Labor secretary. That's why Big Business hates her 2023-04-24T04:00:00Z “Any tax cut we pass needs to be sustainable, fiscally responsible and targeted to the people who need it the most.” Kelly vetoes bill to cut Kansas taxes $1.4B over 3 years 2023-04-24T04:00:00Z It includes a temporary reprieve from the state’s grocery tax and millions of dollars in tax cuts for businesses, and sets aside about $3 billion for road projects. Tennessee G.O.P. Cuts Session Short With No Action on Gun Control 2023-04-22T04:00:00Z The GOP faith in tax cuts has blown up the deficit, he says. Biden, McCarthy in different worlds on debt standoff 2023-04-19T04:00:00Z Hutchinson, 72, has touted his experience leading the deeply conservative state as proof he can deliver on policies Republican voters care about, citing tax cuts and job creation initiatives as particular sources of pride. Factbox: 2024 US presidential election: who's in, who's out and who's still thinking about it 2023-04-19T04:00:00Z Both parties have added considerably to that imbalance, including recent social spending packages under Biden and tax cuts adopted by Republicans in 2017. Fiscal crisis nears as McCarthy takes debt ceiling plan to Wall Street 2023-04-17T04:00:00Z Even with the tax cuts Kelly vetoed factored in, the state is on track to end June 2024 with surplus cash and rainy day funds of more than $4 billion. Kelly vetoes bill to cut Kansas taxes $1.4B over 3 years 2023-04-24T04:00:00Z According to ALEC, North Carolina ranked second for the second straight year due to ongoing tax cuts and other business-friendly policies. Utah first, New York last in economists’ ranking of business-friendly states 2023-04-14T04:00:00Z Labour is launching a "five-point plan" to save England's struggling town centres, including tax cuts and council powers to take over empty shops. Labour unveils plan to save England's high streets 2023-04-12T04:00:00Z Federal tax rates fell pretty much across the board as a result of the 2017 tax cuts signed into law by President Donald Trump. Opinion | Sorry, Democrats. You can’t pay for everything solely by soaking the rich. 2023-04-11T04:00:00Z “Let them choose whether they prefer a tax loophole that mostly benefits the richest few or if they want a grocery tax cut that benefits everyone,” Coleman said. As grocery prices soar, push grows to end sales tax on food 2023-04-11T04:00:00Z Kelly and lawmakers in both parties see the tax cuts as a way of helping people deal with inflation. Kelly vetoes bill to cut Kansas taxes $1.4B over 3 years 2023-04-24T04:00:00Z The tax cut is projected to cost $186 million in its first year because it will take effect this year, the Department of Finance and Administration said. Arkansas Gov. Sanders signs $124 million tax cut into law 2023-04-10T04:00:00Z Republicans who control the House advocate a slate of tax cuts and spending increases recommended by Youngkin, made possible by an estimated $3.6 billion in surplus revenue. Poll: Va. voters support using surplus on mental health, schools and tax cuts — but not for corporations 2023-04-08T04:00:00Z Yes, those tax changes were especially generous to higher-income households and corporations, but nearly everyone enjoyed a tax cut. Opinion | Sorry, Democrats. You can’t pay for everything solely by soaking the rich. 2023-04-11T04:00:00Z For decades, U.S. economic policy has been dominated by the dogma that paired aggressive deregulation and disastrous trade deals with tax cuts skewed to the wealthy and big corporations as a means to achieving progress. Bidenomics: Policies that lift up all Americans | U.S. Rep. Pramila Jayapal 2023-04-07T04:00:00Z The South Korean plan comes as other technology powerhouses, including the United States, Japan and China, are building up their domestic chip manufacturing, deploying protectionist measures, tax cuts and sizeable subsidies to lure investments. Samsung cutting memory chip production as profit slides 2023-04-06T04:00:00Z Lawmakers last week sent Sanders the tax cut legislation, one of the last remaining items before they wrapped up this year’s legislative session on Friday. Arkansas Gov. Sanders signs $124 million tax cut into law 2023-04-10T04:00:00Z While Youngkin pitched the corporate tax cut as a tool to woo big companies to the state, Republicans have signaled that they are willing to compromise on that item in budget negotiations. Poll: Va. voters support using surplus on mental health, schools and tax cuts — but not for corporations 2023-04-08T04:00:00Z Evidently, these tax cuts are still not enough for Republicans, who had tried to repeal the tax altogether in 2017. Republicans move to repeal a tax that only affects the richest 0.1 percent 2023-04-06T04:00:00Z The next year, President Donald Trump signed his big tax cut into law. Private planes and luxury yachts aren’t just toys for the ultrawealthy. They’re also huge tax breaks 2023-04-05T04:00:00Z Britain's economy has recovered after the "mini-budget" crisis triggered by former Prime Minister Liz Truss's unfunded tax cut plans, which caused borrowing costs in financial markets to surge and hit confidence among consumers and businesses. UK service firms report second month of growth as prospects improve -PMI 2023-04-05T04:00:00Z For example, the president’s budget forecasts don’t take into account the cost of extending most of the Trump tax cuts, which Biden now officially supports. Opinion | The GOP has no idea what it wants on the budget, but it’s definitely not that 2023-04-04T04:00:00Z “I’m looking at some tax cuts and I know what they’re looking at — we’re all just kind of looking and circling the wagons and that’s just where we are,” he said. Poll: Va. voters support using surplus on mental health, schools and tax cuts — but not for corporations 2023-04-08T04:00:00Z He voiced support for doubling down on Trump-era tax cuts and rolling back government regulations “stifling American opportunity.” Ex-DeSantis staffer Parkinson runs for Kaine’s Virginia seat 2023-04-03T04:00:00Z As governor, Hutchinson established income tax cuts for individuals and corporations. Republican Asa Hutchinson announces he is running for president 2023-04-02T04:00:00Z A self-styled fiscal conservative, he aims to cut spending on unemployment benefits and other welfare programmes to reduce the government's budget deficit and make room for tax cuts aimed at boosting economic growth. Factbox: Petteri Orpo, Finland's likely next prime minister 2023-04-02T04:00:00Z The legislative priorities that he pushed were tax cuts for corporations, economic and environmental deregulation and conservative Supreme Court appointments. What crisis of democracy? Scholar Larry Bartels says the real crisis is corrupt leaders 2023-04-02T04:00:00Z Though he supports the concept of tax cuts, Thomas would prefer direct rebates. Poll: Va. voters support using surplus on mental health, schools and tax cuts — but not for corporations 2023-04-08T04:00:00Z As governor, Hutchinson championed a series of income tax cuts as the state’s budget surpluses grew. Ex-Arkansas GOP Gov. Asa Hutchinson is running for president 2023-04-02T04:00:00Z His party is promising tax cuts and lower public spending and this time would be in a position to choose which party to work with, says Prof Vares. Finland election: Three-way race as Sanna Marin fights for survival 2023-04-01T04:00:00Z Those include the tax cuts signed by President Donald J. Trump in 2017, which his administration said would pay for themselves, but which independent evidence showed added trillions to the national debt. Top Economist Leaves White House, and an Economy Not Yet ‘Normal’ 2023-03-31T04:00:00Z "A tax cut for the many, not just for the top 1%." Council tax would be frozen for a year, Labour propose as campaign launches 2023-03-29T04:00:00Z Had Congress and the White House not implemented such drastic tax cuts from 2000 on, report author Bobby Kogan says, the national debt would remain stable indefinitely. Trump, Bush tax cuts have largely driven national debt issues since 2001: report 2023-03-28T04:00:00Z Labour has enjoyed a double-digit lead in opinion polls over the governing Conservatives since last year when short-lived Prime Minister Liz Truss triggered market turmoil and sent mortgage rates soaring by announcing unfunded tax cuts. UK Labour bars ex-leader Corbyn from standing as its candidate at next election 2023-03-28T04:00:00Z Republicans are likewise committed not to allow cuts to defense spending and veterans’ pensions, nor to allow the Trump tax cuts to lapse. Opinion | Trump makes suckers of House Republicans. Again. 2023-03-24T04:00:00Z His party proposes tax cuts and austerity measures. Finland election: Sanna Marin fights for survival 2023-03-25T04:00:00Z Governor Lee, whose signing of a total abortion ban and proposed tax cuts have been broadly applauded by Tennessee Republicans, has faced questions from within his party of the H.I.V. funding decision. Tennessee’s Rejection of $8.8 Million in Federal Funding Alarms H.I.V. Prevention Groups 2023-03-24T04:00:00Z As it is, Kogan has projected that the tax cuts will grow to surpass 100 percent of the increase in the debt ratio. Trump, Bush tax cuts have largely driven national debt issues since 2001: report 2023-03-28T04:00:00Z The tax cut would also encompass computing and communications hardware manufacturing, Bukele added. El Salvador president readies bill to eliminate taxes on tech 2023-03-24T04:00:00Z He told a press conference: "I'm absolutely committed to changing what the government did last week, which was to give a tax cut to the wealthiest 1%." Sir Keir Starmer says he would scrap his own pension tax scheme 2023-03-23T04:00:00Z Markets had been unnerved by a government announcement of unfunded tax cuts. New York holds top spot, London second in Z/Yen financial centre survey 2023-03-23T04:00:00Z But legislatures and governors in several states already have given final approval to tax cuts and rebates in the first few months of year. States cranking out even more tax cuts amid cash surpluses 2023-03-21T04:00:00Z But the more taxpayer money goes into retirement funds, the less there is for other priorities such as schools, roads and tax cuts. Public pension plan losses from bank failures were minor 2023-03-21T04:00:00Z Chancellor Jeremy Hunt has also pitched the pensions tax cuts as part of a wider drive to reverse a post-pandemic rise in the number of wealthy workers opting for early retirement. Rishi Sunak: Pension tax breaks will cut NHS waiting lists, says PM 2023-03-20T04:00:00Z Shadow chancellor Rachel Reeves said the move, announced in the Budget, was a "tax cut for the top 1%" and "the wrong priority, at the wrong time". Budget 2023: Pensions tax cut for wealthy is wrong priority, Labour says 2023-03-16T04:00:00Z Unfair, argue Labour, as it amounts to a massive tax cut for the already very well off. Budget 2023: Pension perks to the highest paid likely to be the next political flashpoint 2023-03-15T04:00:00Z The tax cut package is expected to return more than two-thirds of the state’s record $1.1 billion surplus to taxpayers, as opposed to spending it on state programs. States cranking out even more tax cuts amid cash surpluses 2023-03-21T04:00:00Z "The only permanent tax cut in the budget is for the richest 1%. How can that possibly be a priority for this government?" Budget dresses up stagnation as stability, Keir Starmer says 2023-03-15T04:00:00Z He said only 10% of businesses would pay the full rate and anticipated that his new "full capital expensing" policy was equivalent of a corporation tax cut worth an average of £9bn a year. Corporation tax: Jeremy Hunt confirms rise to 25% from April 2023-03-15T04:00:00Z The extent of the unfunded tax cuts in their "mini budget" - which also included changes to National Insurance and the top rate of income tax - caused problems on financial markets. What is corporation tax and who pays it? 2023-03-15T04:00:00Z Republicans are determined to avoid tax hikes and to preserve tax cuts for the wealthy implemented under former President Donald Trump. U.S. Senate Democrats, Republicans to battle over spending amid bank collapse 2023-03-15T04:00:00Z In Missouri, some Republican lawmakers argued that more tax cuts ultimately would give residents more money to spend and lead to continued growth in state tax revenues. States cranking out even more tax cuts amid cash surpluses 2023-03-21T04:00:00Z South Korea’s plan comes as other technology powerhouses, including the United States, Japan and China, are building up their domestic chip manufacturing, deploying protectionist measures, tax cuts and sizeable subsidies to lure investments. Samsung to invest $230 billion to build “mega” chip cluster 2023-03-15T04:00:00Z But many of his legislative priorities, such as a push for more tax cuts, are tied up in budget negotiations. Youngkin scores some legislative wins as he eyes White House 2023-03-12T05:00:00Z President George W. Bush signs the first of two major tax cuts into law, slashing rates on ordinary income as well as on capital gains and dividends. See how the national debt grew to $31 trillion A previous version of this article incorrectly referred to the House using $1 billion in tax cuts to increase spending for underfunded programs. Virginia budget negotiators hope to meet soon on $1 billion impasse 2023-03-11T05:00:00Z About half the states are now considering further tax cuts. Opinion | Why everyone keeps underestimating the strength of this economy 2023-03-10T05:00:00Z There will probably be hints on Wednesday and promises of tax cuts to come, but they're unlikely to cave to backbench pressure to cut now. Kuenssberg: The Budget cannot mask big changes to our economy 2023-03-11T05:00:00Z While we will get some warm words on tax cuts, the chancellor's strategy indicates a preference for dealing with this at his Autumn Statement later this year. Jeremy Hunt: Why the chancellor wants this Budget to be boring 2023-03-10T05:00:00Z The majority of these tax cuts would later be made permanent in a deal between congressional Republicans and President Barack Obama, adding to their cost. See how the national debt grew to $31 trillion Knight said he had proposed a compromise package to his Senate counterparts before the General Assembly adjourned, featuring some tax cuts and some spending increases, but Democrats ultimately balked. Virginia budget negotiators hope to meet soon on $1 billion impasse 2023-03-11T05:00:00Z The plan would partially reverse the 2017 Trump tax cuts, raising the corporate tax rate from 21 percent to 28 percent. Biden calls for trillions in tax hikes and new domestic spending 2023-03-09T05:00:00Z Some of those increases would reverse the 2017 Republican tax cuts, which heavily favored corporations and the wealthy. Column: Anti-poverty programs work. Why are Democrats letting them wither? 2023-03-09T05:00:00Z Murdoch also told executives at Fox News to promote the benefits of Trump’s 2017 tax cut legislation and give extra attention to Republican Senate hopefuls, the documents show. Court records show political pressure behind Fox programming 2023-03-08T05:00:00Z More recent decisions — budget-busting tax cuts, bipartisan spending deals and staggering sums to cope with the coronavirus pandemic — have all forced the nation to sink more deeply in debt. See how the national debt grew to $31 trillion Howell could not be reached for comment, but Barker said in an interview Friday that opposition to the corporate tax cut is one area where Democrats are not planning to budge. Virginia budget negotiators hope to meet soon on $1 billion impasse 2023-03-11T05:00:00Z But while the White House has charged that Republican plans would increase deficits by $3 trillion, about $2.7 trillion of that total comes from renewing all the Trump-era tax cuts that disproportionately favored the wealthy. Biden budget seeks big deficit cuts in challenge to GOP 2023-03-08T05:00:00Z British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or spending increases until the next election comes closer into view. India, Australia aim to boost economic, defence ties at first summit of PMs 2023-03-08T05:00:00Z Murdoch emailed Scott in November 2017 and urged her to promote Trump’s tax cut proposal, which had passed the House and was nearing a Senate vote. Court records show political pressure behind Fox programming 2023-03-08T05:00:00Z With the Bush tax cuts set to expire amid a sluggish recovery, Obama agrees to make almost all of them permanent, extending tax relief for all but the very richest Americans. See how the national debt grew to $31 trillion Her plans for sweeping, unfunded tax cuts triggered a bond market meltdown, leading to her replacement in Downing Street by Rishi Sunak. UK's Hunt to keep tight budget with eye on 2024 election 2023-03-08T05:00:00Z British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or spending increases until the next election comes closer into view. Priced out of work by childcare, could UK parents hold key to growth? 2023-03-08T05:00:00Z British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or spending increases until the next election comes closer into view. Factbox: What are the options for reforming British childcare support? 2023-03-08T05:00:00Z British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or spending increases until the next election comes closer into view. Factbox: What help does the UK government provide with childcare costs? 2023-03-08T05:00:00Z President Donald Trump signs a sprawling tax cut bill, centered on a plan to reduce the rate paid by large U.S. corporations from 35 percent to 21 percent. See how the national debt grew to $31 trillion British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or spending increases until the next election comes closer into view. UK's Hunt to keep tight budget with eye on 2024 election 2023-03-08T05:00:00Z The four Republican candidates endorsed the individual income tax cuts successfully pushed by Kentucky’s GOP-dominated legislature, as well as the GOP-backed efforts to give parents a greater voice in education policies. 4 Kentucky GOP governor candidates make pitches in TV debate 2023-03-07T05:00:00Z But they also voted for trillions of dollars in pandemic aid under Mr. Trump and roundly backed his tax cuts. Republican Votes Helped Washington Pile Up Debt 2023-03-06T05:00:00Z As a result, Mr Hunt has said he is unlikely to be able to make "significant" tax cuts. Budget 2023: What is it and when will it happen? 2023-03-03T05:00:00Z He cited tax cuts, the rollback of federal regulations, the strengthening of the southern border, and the confirmation of conservative judges. Sen. Kennedy drops “truth” bombs, laments “common sense is illegal” in D.C. 2023-03-02T05:00:00Z The Republicans’ 2017 tax cuts repealed the exemption, but companies have responded by simply increasing the cash component of pay packages. Column: While workers struggled during the pandemic, CEO pay went up, up, up 2023-03-01T05:00:00Z Mr. Scott went on to boast of his involvement in crafting a tax cuts package passed under Mr. Trump when asked how his policy positions differ from those of the ex-president. Sen. Scott lays into Dems ahead of expected White House run: ‘A blueprint on how to ruin America’ 2023-02-26T05:00:00Z House Republicans have pushed to extend the 2017 tax cuts, which would add trillions to the debt. Republican Votes Helped Washington Pile Up Debt 2023-03-06T05:00:00Z Even a deal on the state budget remains elusive; lawmakers said Friday that a $1 billion gap between House tax cuts and Senate spending will prevent the General Assembly from completing its work Saturday. Va. lawmakers reach tentative deal to tighten reins on Dominion Energy 2023-02-24T05:00:00Z Former far-right Jair Bolsonaro unveiled the fuel tax cut last year as he sought to ease inflation and win over voters ahead of the election which he eventually lost to Lula. Debate grows among Lula's team over Brazil fuel tax policy 2023-02-24T05:00:00Z Along with the illusion that tax cuts increase revenue, the notion that authoritarian regimes are clear-sighted, clever and efficient is one of the more persistent canards in political pathology. No, dictatorships are not more "efficient": See how Putin and Xi have wrecked their countries 2023-02-18T05:00:00Z He pressed for tax breaks for businesses that invest in distressed “opportunity zones,” a measure included in the huge tax cuts that passed in 2017. Tim Scott Weighs 2024 Run, Selling Unity to a Party Eager for a Fight 2023-02-17T05:00:00Z That number does not include the cost of making permanent the individual tax cuts passed in 2017 that are set to expire after 2025; C.B.O. assumes those cuts will expire as scheduled. Republican Votes Helped Washington Pile Up Debt 2023-03-06T05:00:00Z A separate Tax Policy Center analysis estimated that the extension would deliver an average tax cut of $175,710 to the richest 0.1%. "Absolute hypocrisy": GOP unveils bill to make Trump tax cuts permanent while howling about debt 2023-02-17T05:00:00Z Here’s a dirty little secret about those expensive, unpopular Trump tax cuts: We’re probably stuck with them for good, because neither party seems to have the political courage to let them lapse. Opinion | Here’s a dirty little secret about Trump’s tax cuts 2023-02-16T05:00:00Z "This is a tax cut for some of the biggest businesses in the world, plain and simple," said Nicole Rodriguez, president of the New Jersey Policy Perspective, in a statement. Governors say their national group is above partisan politics. It’s corporate sponsors say otherwise 2023-02-16T05:00:00Z And during times of growing debt, Republicans still pursued tax cuts. Opinion | Republicans can no longer be taken seriously on our national debt 2023-02-15T05:00:00Z That increase, which spanned the presidential administrations of two Republicans and two Democrats, has been fueled by tax cuts, wars, economic stimulus and the growing costs of retirement and health programs. Republican Votes Helped Washington Pile Up Debt 2023-03-06T05:00:00Z In a recent opinion column, Buchanan called the national debt a "ticking time bomb," not mentioning that his party's push to extend tax cuts for the rich would contribute to the total. "Absolute hypocrisy": GOP unveils bill to make Trump tax cuts permanent while howling about debt 2023-02-17T05:00:00Z Extending President Donald Trump’s individual tax cuts in full would add around $3 trillion to federal deficits over a decade, according to various estimates. Opinion | Here’s a dirty little secret about Trump’s tax cuts 2023-02-16T05:00:00Z Mr. Biden has pushed back on those claims, saying their plans, including prolonging Trump-era tax cuts and cutting the corporate minimum tax, could send the national debt north. Biden to rip Republicans on the deficit in campaign-style speech 2023-02-15T05:00:00Z Consider President Donald Trump’s 2017 tax cut when economic adviser Gary Cohn stated, “We think we can pay for the entire tax cut through growth over the cycle.” Opinion | Republicans can no longer be taken seriously on our national debt 2023-02-15T05:00:00Z Biden administration officials blame Mr. Trump and former President George W. Bush for running up debt, particularly with tax cuts. Republican Votes Helped Washington Pile Up Debt 2023-03-06T05:00:00Z The size of that tax cut is roughly double the median U.S. household income. White House: GOP plans would drive deficits up $3 trillion 2023-02-15T05:00:00Z Moreover, extending the Trump tax cuts sounds pretty plutocratic: By far, the biggest benefits would go to higher-income households, according to estimates from the Tax Policy Center. Opinion | Here’s a dirty little secret about Trump’s tax cuts 2023-02-16T05:00:00Z The same fact sheet says Mr. Biden wants to preserve some of the tax cuts as part of his campaign pledge not to raise taxes on anyone making less than $400,000. Biden to rip Republicans on the deficit in campaign-style speech 2023-02-15T05:00:00Z Faced with falling revenues due to income and corporate tax cuts, Mississippi’s Republican-controlled state government put its health department on the chopping block. Why Mississippi, a Covid Hot Spot, Left Millions in Pandemic Aid Unspent 2023-02-13T05:00:00Z Biden opposes putting conditions on a debt ceiling increase, which is needed to cover outlays and tax cuts already approved by Congress. Why Republican hardliners can afford to push the U.S. to the brink of default 2023-02-14T05:00:00Z But the same White House fact sheet adds that Biden would like to preserve some of the same tax cuts as Republicans, just not those that benefit the wealthy. White House: GOP plans would drive deficits up $3 trillion 2023-02-15T05:00:00Z Why was it reasonable to assume that future Congresses won’t let the tax cuts sunset, as planned, given how unpopular the original law was? Opinion | Here’s a dirty little secret about Trump’s tax cuts 2023-02-16T05:00:00Z Yet if Mr. Biden is willing to keep tax cuts on the table and neither he nor the GOP leadership has proposed cutting entitlements, it’s unclear how the deficit will get reduced under his plan. Biden to rip Republicans on the deficit in campaign-style speech 2023-02-15T05:00:00Z But he said the government would not consider tax cuts funded by borrowing. AstraZeneca: Jeremy Hunt 'disappointed' by drugs firm's low tax move 2023-02-10T05:00:00Z Democrats who control the Senate passed a plan that features a huge boost in funding for schools and social programs — and none of the new tax cuts. House, Senate far apart as Virginia lawmakers pass budget plans 2023-02-09T05:00:00Z Yet Biden also wants to preserve some of the same tax cuts as Republicans so long as the approach is “fiscally responsible.” White House: GOP plans would drive deficits up $3 trillion 2023-02-15T05:00:00Z Because the tax cuts did, in fact, benefit most Americans, including the middle class. Opinion | Here’s a dirty little secret about Trump’s tax cuts 2023-02-16T05:00:00Z Despite signs of easing demand in the world's largest car market, China's central government did not extend a 50% purchase tax cut on combustion engine vehicles when it expired at the end of December. China car sales plunge 38% in January as subsidies, tax cut end 2023-02-08T05:00:00Z Mr Hunt has warned it is unlikely there will be any room for "significant" tax cuts in the Budget in March. AstraZeneca: Jeremy Hunt 'disappointed' by drugs firm's low tax move 2023-02-10T05:00:00Z “We have a lot more money to spend on the Senate side for priorities because we did not do the tax cuts that the governor proposed.” House, Senate far apart as Virginia lawmakers pass budget plans 2023-02-09T05:00:00Z But the actual path of the national debt could hinge on the upcoming expiration of individual tax cuts that President Donald Trump signed into law in 2017. White House: GOP plans would drive deficits up $3 trillion 2023-02-15T05:00:00Z President Barack Obama learned this the hard way when he was in the White House and negotiating with Republicans over extensions to the Bush-era tax cuts. Opinion | Here’s a dirty little secret about Trump’s tax cuts 2023-02-16T05:00:00Z Ms. Truss has resurfaced to defend her free-market tax cuts which, despite their deeply destabilizing effect on the British pound and mortgage rates, still have defenders in some corners of the Conservative Party. As Sunak Tries to Move Ahead, He’s Haunted by Prime Ministers Past 2023-02-07T05:00:00Z Democrats have long pushed for a wealth tax on the richest Americans, trying to contrast themselves with former President Donald Trump’s tax cuts. Republicans oppose Biden’s proposed plan to tax ultrawealthy Americans 2023-02-07T05:00:00Z “This budget returns none of that money to the citizens, so I prefer the House budget, which has a lot of tax cuts to give back this surplus to the citizens.” House, Senate far apart as Virginia lawmakers pass budget plans 2023-02-09T05:00:00Z Extending those tax cuts would in theory raise the national debt, as the nonpartisan Congressional Budget Office based its projections on them lapsing after 2025. White House: GOP plans would drive deficits up $3 trillion 2023-02-15T05:00:00Z Republicans' have pushed to slash funding for the Internal Revenue Service, the U.S. tax agency, and could push for an extension of tax cuts passed under former President Donald Trump that mostly benefit the wealthy. Factbox: Biden's State of the Union wishlist: new taxes on buybacks, billionaires 2023-02-07T05:00:00Z The cabinet reshuffle reflected Mr. Sunak’s technocratic instincts, economic focus, and sensitivity to criticism from champions of tax cuts — like Ms. Truss — that he lacks a convincing strategy to kick-start economic growth. As Sunak Tries to Move Ahead, He’s Haunted by Prime Ministers Past 2023-02-07T05:00:00Z Democrats have argued Mr. Trump’s tax cuts helped only the wealthiest citizens. Republicans oppose Biden’s proposed plan to tax ultrawealthy Americans 2023-02-07T05:00:00Z The Senate included none of those tax cuts. House, Senate far apart as Virginia lawmakers pass budget plans 2023-02-09T05:00:00Z Never mind that well more than a trillion of that debt was incurred when his party passed a massive tax cut for the rich in 2017. Column: Mike Pence, would-be president, has a plan to kill Social Security. It will cost you 2023-02-06T05:00:00Z The goal: to create “a clear contrast to the traditional trickle-down approach of deficit-expanding tax cuts for the wealthy and gutting regulations.” Opinion | Biden’s State of the Union case for his quiet revolution 2023-02-05T05:00:00Z But she has reappeared to publicly defend her planned tax cuts, saying they remained a recipe for accelerating Britain’s economy. As Sunak Tries to Move Ahead, He’s Haunted by Prime Ministers Past 2023-02-07T05:00:00Z "You can't just go straight to those tax cuts," he said. Grant Shapps: Liz Truss's tax cuts were clearly the wrong approach 2023-02-05T05:00:00Z |
| 随便看 |
|
英语例句辞典收录了117811条英语例句在线翻译词条，基本涵盖了全部常用单词及词组的例句翻译及用法，是英语学习的有利工具。