The Road Ahead for Trump’s Campaign Pitches
President Donald Trump offered tax breaks like raffle tickets during the campaign, tailored to a variety of audiences, from service industry workers to senior citizens to car buyers.
The vows included slashing the corporate tax rate; exempting income taxes on tipped wages, Social Security benefits, and overtime pay; and making state and local taxes and interest on automobile loans fully deductible.
Republicans now must figure out how to turn them into law, if at all. Lawmakers have already introduced more streamlined versions to get around budget and other rules ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.