Wed, January 15, 2025
[ Wed, Jan 15th ]: SHINE
Shanghai economy surpasses US$695.6 billion in 2024
[ Wed, Jan 15th ]: Reuters
French central bank recommends cut in popular savings account interest rate
[ Wed, Jan 15th ]: Reuters
UK banks resist mortgage rate hikes amid money market turmoil
[ Wed, Jan 15th ]: MSN
Economy May Grow 20% With Female Participation, World Bank Says
[ Wed, Jan 15th ]: MSN
Sluggish domestic demand leads to job market decline
[ Wed, Jan 15th ]: timesnownews
ITR Filing Deadline: Check Last Date To File Late ITR, Penalties And Other Details
[ Wed, Jan 15th ]: MSN
Exclusive: Brooks Macdonald makes senior layoffs
Tue, January 14, 2025
[ Tue, Jan 14th ]: Emirates247
MoHESR and DEWA join forces to align the scholarship programme with national priorities
[ Tue, Jan 14th ]: Kiplinger
How Another Trump Presidency Will Impact the Stock Market in 2025
[ Tue, Jan 14th ]: Yahoo
Company Says Its Sexy Robot "Companions" No Longer Have Genitals and Are "Not Meant for Sex"
[ Tue, Jan 14th ]: Investopedia
What's Behind Surging Business Optimism? Likely Some of Trump's Proposals
[ Tue, Jan 14th ]: Forbes
The Future Of Accuracy In Healthcare Is Within Reach
[ Tue, Jan 14th ]: Reuters
Britain's Reeves pledges to stick to fiscal rules at all times
[ Tue, Jan 14th ]: Reuters
JPMorgan names CEO contender Jennifer Piepszak as its operations chief
[ Tue, Jan 14th ]: MSN
5 Cities That Are Likely To Thrive Once Trump Takes Office
[ Tue, Jan 14th ]: Firstpost
Will Union Budget 2025 deliver on financial sector reforms?
[ Tue, Jan 14th ]: Forbes
How To Prepare Financial Statements For A Future Public Company
[ Tue, Jan 14th ]: Forbes
Partnerships: How To Drive Business Success Without Draining Resources
[ Tue, Jan 14th ]: Tuko
Kenya Railways Announces Several Career Opportunities with January Deadline
[ Tue, Jan 14th ]: Forbes
Conversational AI Trends For 2025 And Beyond
[ Tue, Jan 14th ]: Kiplinger
Irrevocable Trusts: So Many Options to Lower Taxes and Protect Assets
[ Tue, Jan 14th ]: Reuters
What does Indian industry want from February's budget?
[ Tue, Jan 14th ]: ThePrint
Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report
[ Tue, Jan 14th ]: Reuters
India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say
[ Tue, Jan 14th ]: MSN
Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 14, 2025: Maintain generosity!
[ Tue, Jan 14th ]: MSN
It's Official! Tax Season Starts Jan 27, 2025 -- What You Need To Do and Know
[ Tue, Jan 14th ]: MSN
US economy to lose nearly 6 million American jobs .. GDP if Congress lets Trump tax cuts expire: study
Mon, January 13, 2025
[ Mon, Jan 13th ]: WDRB
Yum! Brands promotes Taco Bell president to lead KFC Division
[ Mon, Jan 13th ]: Emirates247
UAE and Uzbekistan explore ways to enhance econom .. ew economy, FinTech, tourism and entrepreneurship
[ Mon, Jan 13th ]: SiliconANGLE
Moonpay acquires Helio to enhance cryptocurrency commerce and trading infrastructure
[ Mon, Jan 13th ]: Investopedia
Salary vs. Hourly Pay: What's the Difference?
[ Mon, Jan 13th ]: BBC
Chancellor will remain for all of Parliament, Downing Street says
[ Mon, Jan 13th ]: CNET
Rocket Money Review 2025
[ Mon, Jan 13th ]: AOL
Female founders jump into action to provide relief for Los Angeles wildfire victims
[ Mon, Jan 13th ]: CFO
A CFO action plan for 2025
[ Mon, Jan 13th ]: CNET
IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule
[ Mon, Jan 13th ]: Forbes
3 Billion-Dollar Entrepreneur Lessons From World Chess Champion Gukesh
[ Mon, Jan 13th ]: Forbes
Newlab To Launch A Saudi Hub. First Focus: Mining Startups
[ Mon, Jan 13th ]: sinchew
HKICPA participates in the Asian Financial Forum .. lores new growth engines in global sustainability
[ Mon, Jan 13th ]: Reuters
Exclusive: Barclays sustainability chief exits in latest bank reshuffle
[ Mon, Jan 13th ]: Forbes
The Right Time To Start Planning Your Business Sale
[ Mon, Jan 13th ]: CIO
10 top priorities for CIOs in 2025
[ Mon, Jan 13th ]: Reuters
Six EU countries call for lowering of G7 price cap on Russian oil
[ Mon, Jan 13th ]: Reuters
Italian bank deposits' growth accelerates further in November
[ Mon, Jan 13th ]: Reuters
Commerzbank chairman sees little chance of amicable UniCredit merger, report says
[ Mon, Jan 13th ]: MSN
Leo, Weekly Horoscope, January 12 to January 18, 2025: Challenges may appear midweek
[ Mon, Jan 13th ]: MSN
Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 13, 2025: Team spirit will improve!
[ Mon, Jan 13th ]: MSN
China, UK restart economic and financial talks after 6-year hiatus

US economy to lose nearly 6 million American jobs, $1.1T in GDP if Congress lets Trump tax cuts expire: study

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. f-congress-lets-trump-tax-cuts-expire-study.html
  Print publication without navigation Published in Business and Finance on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The U.S. economy stands to lose nearly 6 million American jobs and $1.1 trillion in GDP if President-elect Donald Trump's 2017 tax cuts expire at the end of 2025.
The article from MSN discusses a study by the Center for a Responsible Federal Budget (CRFB) which warns that if the tax cuts implemented during the Trump administration are allowed to expire at the end of 2025, the U.S. economy could face significant setbacks. According to the study, the expiration of these tax provisions could lead to a loss of nearly 6 million American jobs and a reduction in GDP by approximately $1.1 trillion over the next decade. The tax cuts, part of the Tax Cuts and Jobs Act of 2017, included reductions in individual income tax rates, an increased standard deduction, and changes to estate and corporate taxes. The study suggests that without an extension or replacement of these tax policies, the economic growth could be stifled due to higher taxes reducing disposable income and business investment. However, the article also notes that extending these tax cuts would increase the federal deficit, presenting policymakers with a dilemma between economic growth and fiscal responsibility.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/markets/us-economy-to-lose-nearly-6-million-american-jobs-1-1t-in-gdp-if-congress-lets-trump-tax-cuts-expire-study/ar-BB1rpbPS ]