Ending taxes on home sales would benefit the wealthiest households most – part of a larger pattern in Trump tax plans

[ad_1] Not long after U.S. housing prices reached a record high this summer – the median existing home went for US$435,000 in June – President Donald Trump said that he was considering a plan to make home sales tax-free. Supporters of the idea, introduced by U.S. Rep. Marjorie Taylor Greene as the No Tax on […]

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Trump’s 2017 tax cuts expire soon − study shows they made income inequality worse and especially hurt Black Americans

[ad_1] The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025, it’s worth gleaning lessons from the president-elect’s first set of cuts. The 2017 cuts […]

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