Fresh off of working with Democrats on DACA, President Donald Trump is now saying that some taxes may have to go up. Trump’s courtship of Democrats on tax reform is dividing congressional Republicans on the merits of a bipartisan bill — and could upend the party-line strategy that White House and GOP leaders have been […]
President Trump on Wednesday delivered an address on his “principles” for a tax plan in Springfield, Missouri on Route 66. Trump's pitch leaned heavily on the economic benefits he said tax reform could deliver, offering only broad outlines of what the tax code would look like if his tax reform gambit succeeds.
The Labor Department released new hiring and unemployment figures on Friday morning. 209,000 jobs were added in July, somewhat above Wall Street economists’ expectations. The unemployment rate was 4.3 percent. June’s jobless rate was 4.4 percent.
House Speaker Paul Ryan is warning against watering down the sweeping overhaul of the nation’s tax code he laid out a year ago and calling on Washington to enact permanent reforms this year. Tom Click is the President and CEO of Patriot Aluminum in Virginia. He joined Dan and Amy to talk about what his column for the Washington […]
The Trump administration has outlined its new tax reform proposal, which leans heavily on tax cuts. The details are still being hammered out, but here are the highlights of what we know so far: Three Tax Brackets The number of tax brackets for individuals is reduced from seven to three: 10 percent, 25 percent and […]