Donald Trump entered the Oval Office with a sea of campaign promises. Arguably topping that list was a pledge to completely reform the current U.S. tax code.It's not hard to understand why his supporters would favor tax reform. The U.S. tax code now tallies more than 10 million words, according to the Tax Foundation, with an average of 144,500 words added between 1955 and 2015.
Similar Stories to 15 Things You Need To Know About Trump's Tax Plan on Bing News
newsfeedback@fool.com (Sean Williams), The Motley Fool
Sat, 04/29/2017 - 3:02am
BING NEWS:
- If You Have a Pension, Smart Tax Planning Should Start Now
Adding pension income to Social Security benefits and income from required minimum distributions could see you facing a tax torpedo and higher Medicare costs.
05/2/2024 - 10:35 pm | View Link - Kudlow: 55% Of Americans View Trump's Presidency As A Success, 61% Say Biden's Is A Failure
Joe Biden, on the other hand, has a future agenda that includes roughly a $5 trillion tax hike, federal debt running upwards of $50 trillion. He's already put in $1.3 trillion in regulatory cost red ...
05/2/2024 - 1:00 pm | View Link - Fact-checking Trump’s claims about tax cuts, job numbers and inflation in Wisconsin, Michigan
However, Biden has said repeatedly that he will not raise taxes on anyone making less than $400,000, a promise he campaigned on in 2020. The White House told PolitiFact that Biden would let the Trump ...
05/2/2024 - 11:48 am | View Link - Last Minute Reminder: Filing Deadline For Most Tax-Exempt Organizations Is May 15
While tax season is over for many taxpayers, tax-exempt organizations still have to file. The filing deadline for many tax-exempt organizations is May 15, 2024.
05/2/2024 - 10:21 am | View Link - Spokane Mayor stumps for proposed $40 million annual tax in State of the City
For the first time since taking office in January, Spokane Mayor Lisa Brown stood before constituents to deliver her inaugural State of the City Address. Her message centered around the importance of ...
05/2/2024 - 6:43 am | View Link - More
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