Tag: Donald Trump tax return

• Monday, December 4th 2017 - 07:33 UTC

  US Congress begins work on major tax reform compromise bill

  

  United States House and Senate lawmakers return to Capitol Hill on Monday to begin working on a major tax cut compromise bill -- just two days after GOP senators narrowly approved their chamber’s plan on a 51-to-49 vote. The House, which has a larger Republican majority, approved its version last month.

• Thursday, April 27th 2017 - 09:21 UTC

  Trump announces plan to lower taxes; Wall Street cautious, Democrats call it a handout to the wealthy

  

  President Donald Trump administration on Wednesday presented a sweeping plan to lower tax rates for individuals and businesses, saying it would create the biggest tax cut in United States history. However US markets slid at the close after the Trump administration outlined the tax cut plan and Democrats described it as a handout to the wealthy that would expand the deficit.

• Wednesday, March 15th 2017 - 07:12 UTC

  Trump furious: media leak shows he paid US$ 38m in tax on income of US$ 150m in 2005

  

  US President Donald Trump paid US$38m in tax on more than US$150m income in 2005, a leaked tax return shows. Two pages of the tax return were revealed by US TV network MSNBC, triggering an angry response from the White House, arguing that publishing the tax return was illegal.