Tax cuts

The White House is holding informal talks about a second round of tax cuts to announce during the 2020 presidential campaign.

Not as many companies are planning to increase employee wages as a result, according to a new survey by BDO USA. Instead more companies are planning to do stock buybacks, increase corporate dividends and pursue mergers and acquisitions.

The federal government is taking in less money but can’t tell if the shortfall is tied to the 2017 tax cuts or other factors like trade uncertainty, the Congressional Budget Office said in a letter.

The GOP is more focused on making their first tax cut permanent.

The president spoke a day after deciding against cutting the tax on capital gains by indexing gains to inflation.

The president is scheduled to meet with economic advisers Wednesday to discuss the possibility of cutting the tax on capital gains by indexing gains to inflation.

The president said he’s not looking to cut taxes by indexing capital gains as it would benefit the wealthy.

The White House has been considering a move that would largely benefit the wealthy.

As President Trump’s advisers cast about for ways to juice the economy, temporarily trimming payroll taxes has fallen out of favor, and with good reason: Voters might not even notice it.

Economic indicators increasingly point to a potential downturn.