This Administration Will Aggressively Attack Citizens Retirement Plans, Prepare

This Administration Will Aggressively Attack Citizens Retirement Plans, Prepare

#retirement #attack #tax #prepare “An aggressive political battle over the shape of American’s retirement plans has begun in Washington, DC“–Paul Ebeling Should this administration have its way, the following is the impact it may have on your retirement plans: Mr. Biden has proposed eliminating the step-up in basis for inherited capital assets meaning heirs face […]

President Trump, “Stimulus Bill ‘Must’ Include Payroll Tax Cut”

President Trump, “Stimulus Bill ‘Must’ Include Payroll Tax Cut”

#PresidentTrump #taxcut #stimulus #payroll #WhiteHouse #C19Coronavirus #money The White House is signaling to Congress that President Trump will veto a new C-19 coronavirus aid bill if it does not include a payroll tax cut, adding a new complication to already contentious negotiations. “President Trump wants to provide relief to hardworking Americans who have been impacted […]

President Trump Seeks 7.6% Payroll Tax Cut to Stop C-19 Coronavirus’ Economic Pain

President Trump Seeks 7.6% Payroll Tax Cut to Stop C-19 Coronavirus’ Economic Pain

White House economic adviser Larry Kudlow said Tuesday that President Donald Trump wants to see a 7.6% cut in the US payroll tax, hoping it will help stop economic pain caused by the C-19 coronavirus chaos. “I know the President wants to see those folks that go back to work to get a 7.6% cut in their […]

Trump Tax Cut 2.0 in the Works

Trump Tax Cut 2.0 in the Works

The White House continues to work on a tax-cut plan in hope that Republican lawmakers will be in control of Congress after the Y 2020 elections, President Trump’s top economic aide Larry Kudlow said. “I am still running a process of Tax Cuts 2.0,” Mr. Kudlow said in a TV interview Wednesday. “We’re many months away.” The […]