Trump’s Tax Bill: How Will It Affect Your Money

Explaining Trump's Claim of a '68%' Tax Increase

Este artículo estará disponible en español en El Tiempo Latino. The Urban-Brookings Tax Policy Center estimates that, on average, Americans’ taxes would rise about 7.5% if the 2017 tax cuts are allowed to fully expire at the end of the year. But President Donald Trump has repeatedly claimed that if the Republican budget bill, called the One Big Beautiful Bill Act, doesn’t pass, Americans “will get a 68% tax increase.” The White House did not res…

Trump’s Tax Bill: How will it affect your money

President Donald Trump’s tax bill has cleared the House and is now making its way through the Senate. Here is a breakdown of how these changes could affect your finances, according to FOX Business.

Trump tax bill poses limited benefits, higher costs for lower-income Americans - West Hawaii Today

U.S. President Donald Trump’s signature tax break on tips promises relatively few upsides for low-income Americans, who face a net loss of income under his massive tax and spending bill in Congress, analysts say.

Senate Eyes Changes to Child Tax Credit in Debate over Trump’s Tax and Spending Bill

As the Senate prepares to debate President Donald Trump’s sweeping multi-trillion-dollar tax and spending proposal, possible changes to the child tax credit are emerging as a key point of discussion. The House-approved version of the bill would make the current maximum $2,000 child tax credit permanent and temporarily increase the...