Former President Donald Trump’s signature “tax-and-spend” legislation, once touted as a cornerstone of his administration’s economic agenda, has paradoxically become a lightning rod for criticism, not least from within his own Republican Party. Far from being universally lauded, this ambitious legislative action is increasingly being decried as a “fiasco” by […]
Tag: Tax Policy
Here’s how millions of people could lose health insurance if Trump’s tax bill becomes law
A sweeping domestic policy package championed by Republicans, centered on significant tax policy changes, could imperil the health insurance coverage of approximately 11.8 million Americans, including both adults and children, should it be enacted into law. This legislative proposal, currently navigating the complexities of congressional debate, signifies a critical juncture […]
Editorial: Governor moves to erase the truth behind big tax cuts
Governor Ron DeSantis’s fervent campaign for substantial property tax reductions in Florida is currently under intense scrutiny, with critics alleging a concerning lack of transparency regarding the true, far-reaching implications of such a move. While the allure of lower property taxes is undeniably appealing to many Floridians, a growing chorus […]
Thune: Trump agenda ‘business model’ to guide future Senate battles
The narrow passage of former President Donald Trump’s landmark tax bill in the U.S. Senate has emerged as a pivotal strategic blueprint, guiding Senate Majority Leader John Thune (R-SD) in navigating the intricate landscape of future legislative battles. Far from being merely a historical footnote in American politics, this legislative […]
Thune’s big, bold bill has rattled House Republicans
Senate Majority Leader John Thune’s “big, bold bill” has indeed sent ripples through the Republican Party, particularly within the House of Representatives, igniting a significant legislative battle over the future of federal spending and tax policy. This ambitious measure, championed by the Senate Majority Leader, proposes deeper spending cuts, more […]
Minister declines to rule out tax rises after welfare concessions – UK politics live
The intricate landscape of UK politics is currently awash with intense speculation concerning potential tax increases, a direct ripple effect of recent welfare concessions championed by Labour leader Keir Starmer. Echoing the growing concern, Minister Pat McFadden has unequivocally stated that Starmer’s strategic shift on welfare issues will inevitably usher […]
Carveouts for Alaska and tax breaks for whalers: How Lisa Murkowski got to yes on Trump’s agenda bill
Senator Lisa Murkowski’s pivotal “yes” vote on a significant legislative bill proposed by the Trump administration was not merely an alignment of political ideologies but the culmination of intricate negotiations designed to secure substantial benefits for her home state, Alaska. Her crucial support hinged directly on the inclusion of specific […]
Clean energy stocks jump after tax on solar and wind projects is removed from Trump’s big bill
Amidst the sweeping legislative initiatives emanating from President Donald Trump’s administration, significant proposed alterations to the federal State and Local Tax (SALT) deduction are at the forefront of policy debates, poised to impact taxpayers and the nation’s fiscal landscape. While initial reports might have focused on different aspects of a […]
Dollar feeble as Trump’s tax bill and tariffs weigh
The United States dollar is currently navigating a period of pronounced weakness, a trend that financial analysts largely attribute to the lasting impact of former President Donald Trump’s significant tax reforms and the strategic imposition of trade tariffs. This ongoing depreciation of the US currency reflects a complex interplay of […]
Protestors rally outside Sen. McCormick’s office to oppose Trump’s ‘Big Beautiful Bill’
Dozens of impassioned demonstrators converged outside the Downtown Pittsburgh office of U.S. Senator Dave McCormick on Monday, staging a significant protest against the Trump administration’s proposed ‘Big Beautiful Bill.’ The focus of their rally was the contentious tax and budget reconciliation bill, with protestors vehemently urging Senator McCormick to cast […]