President Trump and the Republicans released a nine-page outline of their tax plan. It won’t be an easy sell.
The president himself reported no debt to the IRS, but has steadfastly refused to release his personal tax returns.
There is very little for property owners to do if they disagree with their assessments.
Trump's remarks emphasized the need for a change in business taxes. White House spokesman Sean Spicer told reporters at a later briefing that the Trump plan would include tax cuts for individuals as well.
Using current data, roughly 75 percent of taxpayers would fall into Trump's lowest bracket.
Tax bracket income levels rise slightly, personal exemption amounts increase and more changes to know before filing tax returns.
Million-dollar households would face a 30 percent floor on their tax rate, while those making $5 million or more annually would be subjected to an additional 4 percent surcharge.
"I'm under audit, too," Buffett said at a rally for Hillary Clinton. "I would be delighted to meet him anyplace, anytime, before the election. I'll bring my tax return, he can bring his tax return."
Trump raised eyebrows when he told Sunday morning news shows that he was willing to pay more in taxes and so were many other wealthy Americans.
Hillary and Bill Clinton had income approaching $140 million in the last eight years, returns show.
Cutting taxes has been the GOP’s mantra for decades. But lower paid workers don’t like it.
On Thursday, Hillary Clinton said her opponent's tax hikes wouldn’t cover his promises.
It could fire the gun on a new race to the bottom for corporation tax, says John McDonnell.
The top 1 percent, particularly the top 0.1 of 1 percent, would reap the largest rewards.
The measure now goes to the Senate, where it will likely be voted on with a spending bill to avert a government shutdown.
The benefits of corporate citizenship should be removed from any company that abandons America.
As long as Congress keeps spending like a drunken sailor, the tax code will remain long.