IRS Releases New Tax Brackets for 2025 | The Fiscal Times
Oct 22, 2024 · The IRS announced Tuesday that the standard deduction would increase by $800 for the 2025 tax year, rising to $30,000 for couples filing jointly. Single filers will see a $400 bump, to $15,000 ...
Chart of the Day: Unauthorized Spending | The Fiscal Times
Nov 22, 2024 · Elon Musk and Vivek Ramaswamy said this week that they plan to target billions of dollars in “unauthorized” federal spending as part of their effort to trim waste from the budget.
Why Republicans, Democrats Think Differently About Taxes
Aug 18, 2020 · Opinions about tax policy are divided in the U.S. along fairly predictable partisan lines, with Republicans typically expressing preferences for lower taxes compared to Democrats, but how do those ...
Harris Economic Plan 'Vastly Superior,' 23 Nobel Prize Winners Say
Oct 23, 2024 · 23 Nobel Laureates Call Harris’s Economic Plan ‘Vastly Superior’ to Trump’s. A group of 23 Nobel Prize-winning economists released a letter Wednesday in which they expressed support for ...
Trump-Era Corporate Tax Cuts Boosted Investment, but Did Not …
Mar 5, 2024 · The corporate tax cuts included in the 2017 Tax Cuts and Jobs Act helped boost business investment while delivering a small increase in worker pay, according to a new analysis published by the ...
John Kelly Delivers an Unsurprising October Surprise
Oct 23, 2024 · The presidential election was hit Tuesday with what might be called an October non-surprise: Reports in The New York Times and The Atlantic in which John Kelly, the former Marine general who was ...
Trump Picks TV’s Dr. Oz to Run Medicare and Medicaid
Nov 20, 2024 · President-elect Donald Trump continued to fill the top levels of his administration on Tuesday, choosing Howard Lutnick, the co-chair of his presidential transition team and CEO of brokerage firm ...
A New Verdict on the Trump Tax Cuts | The Fiscal Times
Mar 5, 2024 · Trump-Era Corporate Tax Cuts Boosted Investment, but Did Not Pay for Themselves: Analysis. The corporate tax cuts included in the 2017 Tax Cuts and Jobs Act helped boost business investment while ...
Trump Economic Plans Would Cost More Than $4 Trillion: Analysis
Aug 27, 2024 · Trump Economic Plans Would Cost More Than $4 Trillion: Analysis. An array of tax and spending proposals put forth by former President Donald Trump would raise the federal budget deficit by more ...
Harris Targets Middle-Class Affordability in New Economic Agenda
Aug 16, 2024 · Vice President Kamala Harris on Friday outlined the economic policies she aims to pursue in the first 100 days of her administration, including proposals to subsidize homebuyers, reward families ...