Republicans pitch tax cuts for corporations, the wealthy in 2025

[Hume]

Republicans in Congress are preparing to not just extend former president Donald Trump’s 2017 tax cuts if they win control of Washington in November’s elections, but also lower rates even more for corporations, laying the early groundwork for a ferocious debate over taxes and spending next year and beyond.

https://www.washingtonpost.com/business/2024/06/09/biden-trump-taxes-election/

 

[Hume]

"Trump, who was convicted May 30 on 34 felony counts of falsifying business records before the 2016 election, has told potential donors recently that they’ll get a better tax bill with him in charge; without his help, he says, they could face “the biggest tax increase in history.”