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Trump, tax cut and Republicans

The Wall Street Journal on MSN · 7h

Republicans Eye Shorter Tax-Cut Extension to Keep Down Cost

WASHINGTON—House Republicans, struggling with their narrow majority and lawmakers’ demands for spending cuts, are considering an extension of President Trump’s expiring tax cuts that would last for as little as five years.

The Hill on MSN · 19h

Republicans stare down massive deficits to extend Trump tax cuts

Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their legislative agenda as disagreements over budget cuts look set to hamstring

Bloomberg on MSN · 10h

Republican Senators Break With House Over Trump Tax Cuts Strategy

Senate Republicans broke with their House counterparts on pivotal legislation to carry out President Donald Trump’s agenda Wednesday after weeks of rising frustration with House Speaker Mike Johnson’s inability to overcome ideological infighting among lawmakers.

Kentucky Senate passes income tax cut

The Connecticut Mirror on MSN · 12h

CT Senate GOP: Cut income tax, freeze state employee wages

In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases at 2%.

The Associated Press on MSN · 1d

Kentucky lawmakers send bill to cut the state's income tax to the governor. He supports it.

Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic Gov. Andy Beshear, who has said he supports the tax cut. It continues a downward trend in the personal income tax rate since the GOP gained full control of the legislature in 2017.

The Center Square on MSN · 17h

Kentucky Senate passes income tax cut as bill heads to Beshear

A bill that would lower Kentucky’s personal income tax rate to 3.5% starting next year sailed through the state Senate.

A look at the economic impact of the 2017 tax cuts

When Trump slashed corporate taxes from 35% to 21% in 2017, corporate spending rose but not enough to make up for government losses.

2don MSN

Va. lawmakers float broad tax cuts instead of Youngkin’s targeted plan

Bipartisan committees in the Virginia House and Senate proposed ditching the governor’s plan to eliminate taxes on tips and ...

5d

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.

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Gov. Reeves urges tax cuts in State of the State address for Mississippi. See what he said

Gov. Tate Reeves pushed tax cuts and touted economic development during his annual State of the State Address.

3don MSN

Virginia Democrats dump Youngkin’s proposed tax cuts in favor of onetime rebates

The Democratic-led Virginia Senate and House of Delegates appropriations committees each presented state budget plans that ...

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India Tax Cuts to Lift Saving, Consumption, Says Kotak Executive

The extra cash in the hands of people following the tax tweaks in India’s budget will have a “multiplier effect on the ...

2don MSN

Florida Gov. DeSantis releases proposed state budget for 2025-26, includes more tax cuts

The highlights include new tax relief, such as a “Second Amendment Summer” tax holiday from Memorial Day to July 4, exempting ...

10hon MSN

GOP rebels push for $2.5 trillion cuts in Trump budget bill during tense closed-door meeting

House Republicans are still wading through several disagreements on reconciliation before they can meet their first key ...

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