Tax cuts

The Trump administration is mulling the possibility of temporarily cutting Social Security and Medicare taxes as a way to spur the economy.

A group of 42 Senate Democrats has sent a letter to Treasury Secretary Steven Mnuchin, urging him to refrain from unilaterally cutting capital gains taxes without congressional approval.

The Trump administration’s tax cuts have had little direct impact on business investment decisions, according to an analysis by the International Monetary Fund.

Senator Ted Cruz is pressuring Treasury Secretary Steven Mnuchin to quickly deliver a tax cut to investors by indexing capital gains to inflation.

A Democratic senator is pushing back against the Trump administration’s plans to cut taxes by indexing capital gains to inflation, a move that he says would only help the wealthy and be illegal.

Extending tax breaks that are intended to benefit families and small businesses come with a steep cost, according to Congress’s nonpartisan scorekeeper.

Democratic presidential candidates like Joe Biden and Kamala Harris have talked about repealing the GOP’s tax overhaul. Yet a large-scale rollback is unlikely. Instead, two other forces could slowly unravel the law — Democrats currently in power in the House and President Donald Trump’s trade policies.

The president's trade wars have already elimianted all but $100 of the average American household’s windfall from Trump’s 2017 tax law. And that’s just the beginning.

The French leader promised a new wave of tax breaks for France’s middle classes as he sought to placate Yellow Vest protesters and reinvigorate his flagging presidency.

The size of clients’ tax refunds was up 1.4 percent this tax season, while their overall tax liability was down 24.9 percent.