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Trump, tax loophole
Investment groups oppose Trump's carried-interest tax hike plan
Private investment industry groups on Friday opposed U.S. President Donald Trump's plan to close a loophole that allows private equity and hedge fund financiers to pay a lower capital gains tax rate on much of their income.
Trump's tax plan includes ending carried interest loophole, boost SALT - report
The Trump administration laid out Thursday his tax priorities in a meeting with GOP lawmakers, advocating for an end to the carried interest loophole benefiting private equity firms and a broader application of the state and local tax (SALT) deduction.
Trump looks to end a controversial tax loophole that has enriched Wall Street’s wealthiest for years
A little-known provision in the tax code allows private equity managers and hedge fund speculators to treat their earnings not as income but as capital gains, allowing them to cut their tax burden by roughly half.
5d
on MSN
Trump Signs New Tariffs On Canada, Mexico And China—Here’s What To Know
Trump has long proposed raising tariffs—or taxes on imported goods that the businesses importing them pay the U.S. government ...
7d
What Is the Tax Cuts and Jobs Act (TCJA)?
Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.
Center for American Progress
7d
4 Ways House Republicans’ Emerging Tax Package Would Put Billionaires Over Families
The emerging House Republican tax package would raise working- and middle-class families’ costs to shower enormous tax ...
7d
1099-K tax form new to you this year? What it means when filing for 2024
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
9d
on MSN
No more income tax in the USA? Here's what President Donald Trump is proposing
Trump proposed that the US should shift to relying solely on tariffs for government revenue, similar to the system in place ...
10d
Fact Check: Trump did not announce new tax law on child support
U.S. President Donald Trump has not laid out a new law banning parents who receive child support payments from claiming child ...
2d
How Gov. Mike DeWine's tax hike on sports betting could help Ohio pro sports teams
Gov. Mike DeWine wants to raise the sports gaming tax to pay for projects such as a new Cleveland Browns stadium and upgrades to Paycor Stadium.
3d
GOP’s plans to enact Trump agenda may face a big vulnerability
As they try to enact President Donald Trump’s agenda, congressional Republicans face the same political risk as a generation ...
AOL
29d
5 States Where Entrepreneurs Save the Most With the 2025 Tax Plan
Entrepreneurs could save more than $220,000 under the
new
tax
plan
. Nebraska’s combination of
tax
savings and a growing economy presents a compelling case for entrepreneurs looking to maximize ...
4d
on MSN
DeWine proposes tax increases for cigarettes, sports gambling and a new child tax credit
Ohio Gov. Mike DeWine proposed increased taxes on cigarettes and sports betting in his 2-year budget proposal.
5d
Trump imposes new tariffs on imports from Mexico, Canada and China in new phase of trade war
Starting Tuesday, nearly all imports from Canada and Mexico will be charged a 25% tariff, while goods from China will be ...
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