Trump’s Tax Bill Is Missing Elon Musk’s ‘$1 Trillion’ in Savings
5 Articles
5 Articles
Trump-GOP Budget Bill Will Give Top 1% Over $1 Trillion in Tax Breaks: Analysis
The amount set to flow to a "tiny sliver of affluent families" over the next decade is roughly equal to the Medicaid cuts included in the Republican bill, according to the Institute on Taxation and Economic Policy.
Top 1% to Receive $1 Trillion Tax Cut from Trump Megabill Over the Next Decade
The centerpiece of the tax and spending bill that President Trump is expected to sign tomorrow is a significant tax cut for wealthy families, partly tacked onto the national debt and partly paid for with cuts to health care, climate investments, and other public services. But just how large would the tax cuts for wealthy families be? ITEP’s analysis of data from Congress’ Joint Committee on Taxation (JCT) and other sources suggests that a tiny s…
ICE Is About to Get More Money Than It Can Spend
Donald Trump’s ambitious budget reconciliation bill includes tax breaks for the rich, the single largest cut to food stamps as hunger hits a two-decade high, and a $1 trillion cut to Medicaid. Given this bevy of unpopular policy, it’s little wonder why few politicians have singled out the bill’s historic budget for immigration and border […]
It was a rejected vote, but the “big beautiful bill” of the Trump administration passed into the Senate and is about to become law. What does the tax package of $3.3 billion contain?
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