President Donald Trump continued to talk taxes this week and offered a new twist: he is considering a boost to the the U.S. gas tax to fund infrastructure. Long considered an unpopular move with individual motorists, lawmakers have not increased the gas tax since the Clinton era.
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Likely Winners & Losers Under The Trump Tax Plan
This week, President Trump proposed sweeping changes to the Tax Code. Despite the broad and ambitious scope of the proposal, it was short on details. Here are some of the likely winners and losers under the plan.
Read MoreAbout Those Huge Tax Receipts Secretary Mnuchin Mentioned…
Was the 2017 tax season somehow bigger than in years past? Treasury Secretary Mnuchin sure seemed to give that impression today. Here’s what the numbers say.
Read MoreTrump Orders Review Of Obama Tax Rules
Declaring that the “Federal tax system should be simple, fair, efficient, and pro-growth,” President Donald Trump signed a new executive order focused on rolling back a number of tax regulations established by former President Barack Obama.
Read More11 Quick Facts About A Potential Government Shutdown
Are we really headed towards a government shutdown? As Congress and the White House grapple with the next steps, here’s what you need to know.
Read MoreCan The IRS Commissioner Peek At Trump's Tax Return – Or Yours?
Can IRS Commissioner Koskinen peek at President Trump’s tax returns? Can he peek at yours? Here’s what you need to know about how the IRS protects your taxpayer data from unauthorized access.
Read MorePresident Trump Donates First-Quarter Presidential Salary To National Park Service
In November, President Trump confirmed that he would refuse a presidential salary. This week, White House Press Secretary Sean Spicer announced that the President was donating his first quarter salary to the National Parks Service (NPS).
Read MoreMost Americans Don't Agree With Trump On Tax Cuts
Most taxpayers don’t agree with Trump’s tax proposal. Those are results from a survey from the University of Maryland’s Program for Public Consultation (PPC).
Read MoreHouse Republicans Call Off Vote On Obamacare Replacement Plan
The House has pulled the vote on the American Health Care Act, or “Trumpcare” after it became clear the bill did not have enough support to pass.
Read MoreTax, Medicaid Tweaks Not Enough As GOP Postpones Vote On Obamacare Replacement
The GOP has delayed a vote on the health care bill intended to repeal and replace Obamacare. The American Healthcare Act (dubbed “Trumpcare”) did not have the necessary votes to pass the House.
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