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Tag: tax cuts

Trump tax bill
World
  • Web Desk
  • May 22, 2025
Sweeping Trump tax bill clears key hurdle with US House Republicans

Republicans have been deeply divided over the Trump tax bill, which would extend tax cuts and create new breaks.

trade announcements
Business
  • Reuters
  • May 18, 2025
Bessent dismisses Moody’s downgrade amid Trump tax cuts debate

A handful of hard-line Republicans blocked the bill from clearing an important procedural hurdle on Friday, saying it did not cut spending sharply enough, with the House of Representatives set to try again in a rare Sunday-night committee session.

Biden
World
  • Reuters
  • Dec 10, 2024
Biden to warn against another Trump tax cut

Enacting another major tax cut benefiting rich Americans and cutting government old age and health insurance programs would threaten those gains, Biden will argue, while acknowledging that it will take years to see the full impact of his efforts.

Republican US presidential candidate Donald Trump said on Thursday that he will end all taxes on overtime pay as part of a wider tax cut package, if he is elected in the November 5 election.
World
  • Web Desk
  • Sep 13, 2024
Trump says he will end all taxes on overtime if elected

It’s unclear how much revenue the government receives from taxes on overtime pay.

ji and govt agreement
Pakistan
  • Web Desk
  • Aug 09, 2024
Govt and JI strike deal for lower taxes and cut electricity rates

The government and Jamaat-e-Islami (JI) have signed a written agreement outlining several key fiscal measures and reforms.

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