5 Hurdles to the Adoption of Trump’s Tax Plan This Year

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Spread the loveTweetPhoto The Capitol dome. Opposition from Democrats and a lack of unity by Republicans are two of the problems facing the president’s proposed tax overhaul. Credit Doug Mills/The…


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Trump’s Tax Plan Is a Reckoning for Republican Deficit Hawks

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Spread the loveTweetMs. MacGuineas’s group estimates that Mr. Trump’s plan could reduce federal tax revenue by $3 trillion to $7 trillion over a decade. The economy would need to grow…


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Economic Trends: Winners and Losers in the Trump Tax Plan

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Spread the loveTweet■ High-income earners. The plan would reduce the top rate on individual income tax — now 39.6 percent for income over around $470,000 for a married couple —…


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