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Tag: tax law


Federal, Policy

Biden Covid relief plan gives bigger boost to lower-income Americans than Trump tax cuts, study says

March 9, 2021

Via: CNBC

President Joe Biden’s coronavirus relief plan will boost low-income households more than the tax law signed by former President Donald Trump did, an analysis shows. The $1.9 trillion pandemic aid bill as passed by the Senate will raise after-tax income […]


Federal, Policy

What the new tax law means for your college savings plan

September 5, 2018

Via: CNBC

Your trusty college savings plan is no longer just for higher-education costs, thanks to the new tax law. Whether you have young children or grandchildren, you’re probably aware of the rising cost of higher education: The average annual cost of […]


Federal, Policy

Very few US adults report receiving bonuses or raises from the Republican tax law

January 29, 2018

Via: CNBC

Two percent of U.S. adults said they had gotten a raise, bonus or other additional benefits due to the Republican tax law enacted a month ago by President Donald Trump, according to a Reuters/Ipsos poll released on Monday. Hailed by […]


Federal, Policy

Trump economic advisor Hassett: New GOP tax law will take pressure off the Fed

January 8, 2018

Via: CNBC – Top News

The new GOP tax law will take pressure off the Federal Reserve despite skepticism from some central bankers, the chairman of President Donald Trump’s Council of Economic Advisers said Monday. Minutes from the Fed’s December meeting on multiple occasions noted […]