Tag #Tax Cuts

Showing 61 to 72 of 221 results

forbes.com
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TCJA Expiration Risks Severe Economic Hardship

The 2017 Tax Cuts and Jobs Act (TCJA) positively impacted small businesses, creating jobs and boosting wages, but its expiration could result in a 22% average tax hike for individuals and a 43.4% top rate increase for 26 million small businesses, potentially causing significant economic hardship.

Progress

56% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 85% Global Worthiness
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Trump Disappointed by Musk's Criticism of Tax Cut Bill

Following Elon Musk's sharp criticism of his tax cut bill, President Trump expressed disappointment, claiming Musk changed his stance after leaving the White House and citing unhappiness over electric vehicle incentives as a possible reason. Musk countered that Trump would have lost the election wit...

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52% Bias Score

Reduced Inequality
theglobeandmail.com
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Trump's Tax Bill: Winners and Losers

President Trump's tax-cut and spending bill, passed by the House, extends tax breaks for multinational corporations, increases defense spending, cancels green energy funding, and cuts Medicaid, adding $2.4 trillion to the national debt.

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40% Bias Score

Reduced Inequality
news.sky.com
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Musk Condemns Multi-Trillion Dollar Tax Bill, Exits DOGE

Elon Musk, former head of the Department of Government Efficiency (DOGE), criticized the House Republicans' recently passed multi-trillion-dollar tax bill as "a disgusting abomination", leading to his resignation last week, and sparking a White House request to cut $9.4 billion in spending from DOGE...

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56% Bias Score

Reduced Inequality
foxnews.com
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Trump Seeks to Reshape "Big, Beautiful Bill" for Permanent Tax Cuts

President Trump advocates for changes to the "One Big, Beautiful Bill" to eliminate costly provisions like full expensing for structures and a higher SALT cap, freeing up funds to make his tax cuts permanent and boost long-term economic growth, aiming to create a "Golden Age" for America.

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60% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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Musk Condemns Trump's Tax Bill as "Disgusting"

Elon Musk publicly denounced Donald Trump's tax and spending bill as a "disgusting abomination," criticizing its projected increase to the national debt through tax cuts for the wealthy and cuts to social programs, despite previously donating to Trump's campaign and initially expressing only mild di...

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44% Bias Score

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abcnews.go.com
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Senate Weighs "One Big Beautiful Bill," Facing $2.4 Trillion Deficit Increase

The Senate considers the "One Big Beautiful Bill," which would make the 2017 tax cuts permanent, cut other taxes, increase defense and border security spending, and add $2.4 trillion to the national debt, according to the Congressional Budget Office.

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52% Bias Score

Reduced Inequality
zeit.de
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Germany to Discuss Economic Relief Package Amidst Budgetary Concerns

Germany's federal and state governments will meet on June 18th to discuss an economic relief package including tax breaks for businesses and a corporation tax reduction starting in 2028, aiming to stimulate economic growth and improve public sentiment, while addressing budgetary concerns for municip...

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44% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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Dalio Warns of Looming US Debt Crisis

Billionaire investor Ray Dalio warns of a potential US debt crisis, citing a rising debt-to-GDP ratio (104% in 2017 to 123% in 2024) and unsustainable deficit, exacerbated by recent tax cuts, potentially leading to a "death spiral" within three years, impacting global markets.

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44% Bias Score

Reduced Inequality
us.cnn.com
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House GOP Tax Cuts Package to Add \$2.4 Trillion to Deficit, CBO Finds

The Congressional Budget Office (CBO) analysis reveals the House Republicans' tax and spending cuts package would add \$2.4 trillion to the deficit over 10 years and leave nearly 11 million more people uninsured by 2034, sparking political controversy.

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56% Bias Score

No Poverty
npr.org
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Republican Budget Bill Increases Deficit, Faces Democratic Opposition

The Republican budget bill, already passed by the House, contains tax cuts and Medicaid cuts, increasing the federal deficit and potentially harming millions of Americans, according to Senator Jeff Merkley and the Congressional Budget Office.

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40% Bias Score

No Poverty
zeit.de
🌐 75% Global Worthiness
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German Corporate Tax Cuts Raise Concerns Over Public Services

Germany's coalition government plans nearly €46 billion in corporate tax cuts by 2029, including accelerated depreciation and a corporation tax reduction, but the Green Party warns of negative impacts on public services due to reduced government revenue and potential misuse of funds by corporations.

Progress

56% Bias Score

Reduced Inequality

Showing 61 to 72 of 221 results