The Fine Print: What Trump Isn't Telling You About His Tax Plans

Show Business and Finance Publications

Fri, January 17, 2025

[ Fri, Jan 17th ]: Oneindia

FACT SHEET: United States and Karnataka

[ Fri, Jan 17th ]: Reuters

SBI Life Insurance posts higher Q3 profit on policy renewals, new sales

[ Fri, Jan 17th ]: Forbes

Game-Changing SBA Updates Every Business Owner Should Know

[ Fri, Jan 17th ]: Reuters

ECB should not rush rate cuts, Nagel says

[ Fri, Jan 17th ]: UCL

UCL enhances business education offer in heart of London

[ Fri, Jan 17th ]: AOL

LeBron James' business partner is raising $5 billion for a basketball league to rival the NBA

[ Fri, Jan 17th ]: Moneyweb

South African lawmakers to quiz banks over lending practices

[ Fri, Jan 17th ]: AOL

The Best AI Stocks to Invest $500 in This Year

[ Fri, Jan 17th ]: AOL

Here's how L.A. homeowners impacted by the wildfires can request mortgage relief

[ Fri, Jan 17th ]: briefly

Who is Arrie Rautenbach? Get to know the South African businessman

[ Fri, Jan 17th ]: Tuko

World Bank Announces Internship Programme Paying Hourly Salary, KSh 388k Commuter Allowance

[ Fri, Jan 17th ]: MSN

Goldman Sachs' SWOT analysis: stock outlook amid investment banking rebound

[ Fri, Jan 17th ]: MSN

'Trump tax' a worry that requires unified Canadian response, Houston says

[ Fri, Jan 17th ]: MSN

AI in 2025: Custom solutions and autonomous agents lead the way

[ Fri, Jan 17th ]: blogTO

Toronto is hiring for a ton of jobs right now and many pay over $100K

[ Fri, Jan 17th ]: MSN

Oakland FBI investigation: Ex-Mayor Sheng Thao indicted amid sprawling public corruption inquiry

[ Fri, Jan 17th ]: sinchew

Global finance leaders set tone for 2025 at the Asian Financial Forum

Thu, January 16, 2025

[ Thu, Jan 16th ]: unite

The Rise of Agentic AI: A Look Back at 2024 and Predictions for 2025

[ Thu, Jan 16th ]: AOL

Bankruptcy Filings Jumped in 2024: Are You at Risk of Filing?

[ Thu, Jan 16th ]: Kiplinger

Taiwan Semiconductor Earnings Fuel a Rally in Chip Stocks

[ Thu, Jan 16th ]: CNET

ExpressVPN Identity Defender Review: Great VPN, Basic ID Theft Protection

[ Thu, Jan 16th ]: AOL

Massive new Trump tariffs are looming. Here's how these import 'taxes' work and who pays for them

[ Thu, Jan 16th ]: Kiplinger

Seven Tips to Land Your First Client as a Financial Adviser or Entrepreneur

[ Thu, Jan 16th ]: Forbes

Investing In Women: A Strategic Imperative For Diverse And Profitable Venture Capital

[ Thu, Jan 16th ]: Kiplinger

Asset Protection for Affluent Retirees in 2025

[ Thu, Jan 16th ]: Forbes

Made In America: 5 Strategies To Respond To Potential Tariffs

[ Thu, Jan 16th ]: Reuters

M&T Bank fourth-quarter profit jumps 41% on higher fee income

[ Thu, Jan 16th ]: Kiplinger

A Strategic Way to Address the Tax-Deferred Disconnect

[ Thu, Jan 16th ]: timesnownews

UPI Goes Global: NIPL and Magnati Bring QR-Based Payments to UAE Merchants

[ Thu, Jan 16th ]: MSN

US Firm Behind Adani Scandal Investigation Announces Closure

[ Thu, Jan 16th ]: Reuters

Bank CEOs expect Trump bump to business as profits surge

[ Thu, Jan 16th ]: MSN

THIS man married an actress who made her debut wi .. kh Khan and has net worth Rs 110 crore, she is...

[ Thu, Jan 16th ]: MSN

Why is Apple replacing Goldman Sachs as its credit card partner?

[ Thu, Jan 16th ]: TechRadar

Identifying the evolving security threats to AI models

[ Thu, Jan 16th ]: NDTV

The Difference Between Interim Budget And Full Budget

[ Thu, Jan 16th ]: Forbes

Five Web3 Trends To Watch In 2025: AI, DePINs, RWAs And Beyond

[ Thu, Jan 16th ]: sinchew

HKPC "ForeSight 2025" Explores Economic Future and Champions Sustainable Development in Hong Kong

[ Thu, Jan 16th ]: cnbctv18

Budget 2025 Expectations LIVE Updates: Key expect .. ster Nirmala Sitharaman's February 1 presentation

[ Thu, Jan 16th ]: Reuters

Indian central bank's daily liquidity infusion to aid money markets, traders say

Wed, January 15, 2025

[ Wed, Jan 15th ]: YourTango

People Who Master These 10 Challenges Almost Always End Up In Jobs They Love

[ Wed, Jan 15th ]: Forbes

Why Digitization Will Transform The Small Business Economy Under Trump

[ Wed, Jan 15th ]: Reuters

Wells Fargo raises interest income forecast as strong dealmaking drives profit beat

[ Wed, Jan 15th ]: Reuters

JPMorgan earns biggest-ever annual profit as investment bankers ride rebound

[ Wed, Jan 15th ]: Reuters

BNY quarterly profit beats estimates on higher fee income boost; shares jump

[ Wed, Jan 15th ]: MSN

D-Wave System's CEO explains quantum computing, e .. ction, and how customers are using the tech today

[ Wed, Jan 15th ]: Forbes

The Future Of Finance: 2025 Is Calling

[ Wed, Jan 15th ]: MSN

Ride the Bull Run: 4 Top Coins to Buy and Hold for the Future

[ Wed, Jan 15th ]: MSN

Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter

The Fine Print: What Trump Isn't Telling You About His Tax Plans

//business-finance.news-articles.net/content/202 .. trump-isn-t-telling-you-about-his-tax-plans.html

Published in Business and Finance on Thursday, January 16th 2025 at 13:20 GMT by Kiplinger
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Knowing the impacts of various tax proposals can empower you to make informed financial decisions as we move through 2025.

2025-01-16 165 x 110 / 21427 Bytes

The article from Kiplinger discusses the discrepancies between what former President Donald Trump has publicly stated about his tax plans and the actual details of those plans. Trump has often highlighted tax cuts for the middle class and tax relief for businesses, but the article points out several aspects he tends to omit or downplay. Key points include:

Tax Cuts for the Wealthy: Trump's tax plans would significantly benefit high-income individuals and corporations, with permanent tax cuts for these groups, while middle-class tax cuts are set to expire.

Increased Deficit: The tax cuts are projected to increase the federal deficit, with estimates suggesting a multi-trillion dollar addition to the national debt over a decade.

Alternative Minimum Tax (AMT): Trump has criticized the AMT but has not proposed its complete elimination, which would primarily benefit the wealthy.

Estate Tax: While Trump has promised to repeal the estate tax, his plans would still leave a significant tax in place, albeit at a higher threshold.

State and Local Tax (SALT) Deduction: The cap on SALT deductions, which affects many in high-tax states, has not been addressed in his plans, contrary to what might be expected from his rhetoric.

Lack of Detail: Trump's public statements often lack specifics on how these tax changes would be implemented or offset, leaving many questions about the long-term fiscal impact and economic implications.

The article emphasizes that while Trump's tax rhetoric focuses on benefits for the average American, the fine print reveals a different story, with substantial advantages for the affluent and potential long-term economic challenges.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/taxes/what-trump-isnt-telling-you-about-his-tax-plans ]

Similar Business and Finance Publications

[ Wed, Jan 15th ]: WSPA