Tax Cuts

While investors are assessing the potential impacts of the “One Big Beautiful Bill Act,” this expert is urging investors to look beyond and consider a more potent market mover — U.S. tariff policy. What Happened: Bob Elliott, CIO of Unlimited Funds, warns that the stock market is...

While President Donald Trump‘s “One Big, Beautiful Bill Act” is expected to reduce taxes and “put more money in people’s pockets,” experts argue whether the tax cuts will cater to the value or growth stocks within the U.S. economy. What Happened: The new tax bill...

U.S. stock futures swung on Thursday after two days of decline on Wednesday. Futures of major benchmark indices were trading mixed in premarket. After a marathon 22-hour hearing, the House Rules Committee moved President Donald Trump‘s “$4.9 trillion legislative package” forward...

After the Congressional Budget Office (CBO) released its estimates for the distributional effects of the One Big Beautiful Bill Act, this economist questioned the Donald Trump administration about the inflating deficit and its inclination toward catering to the wealthiest Americans. What Happened:...

U.S. stock futures were slightly lower on Tuesday after ending largely flat on Monday. Futures of major benchmark indices were trading lower in premarket. The S&P 500 index recorded its sixth session of advance by ending marginally higher, shrugging off the Moody’s downgrade from the...

After the long-term 30-year Treasury yield jumped over 5% intraday on Monday following Moody’s downgrade of the U.S. debt, this economist suggested that the Federal Reserve shouldn’t worry and let the bond vigilantes do the work. What Happened: Craig Shapiro, the macro strategist at...

Economist Peter Schiff has sharply criticized Treasury Secretary Scott Bessent for downplaying the role of President Donald Trump's tax cuts in the recent Moody's downgrade of the U.S. sovereign credit rating, instead pinning the blame on the Joe Biden administration. What Happened: Schiff's...

Donald Trump and the Republicans won control of the presidency, the House of Representatives and the Senate in the 2024 election. With Republican control, an extension of the 2017 tax bill was expected to be a priority, but it is moving slowly. What Happened: Many Americans want to know what the...

President Donald Trump drew a bright red line for Capitol Hill, stating he will "veto" any bill that trims Social Security or federal health programs. What Happened: In an interview with TIME Magazine, Trump said, "If it cuts it, I would not approve," he said, adding the only changes he'll...

President Donald Trump‘s support for a tax increase on millionaires, a move that has sparked controversy and political debate among Republicans and conservatives. What Happened: In a discussion with Time magazine on Tuesday, Trump revealed his inclination towards increasing...

 U.S. Senator Josh Hawley (R-Mo.) has put forth a proposal for a substantial tax cut aimed at working-class Americans. What Happened: Hawley’s proposal aims to make standard income tax breaks refundable against payroll taxes, potentially leading to a “historic” tax reduction for...

Ark Invest CEO Cathie Wood has offered a contrarian view on President Donald Trump‘s tariff policies, suggesting they could be the catalyst to end a three-year “rolling recession.” What Happened: In her recent note, Wood explains that tariffs, which initially appeared as a...

Tax proposals outlined by the 2024 U.S. presidential candidates could have a substantial impact on S&P 500 earnings, according to analysis from Goldman Sachs. Goldman strategists including Ben Snider estimate that corporate earnings could move by 5%-10% depending on which tax policies are...

Vice President Kamala Harris laid out a plan to lower costs for middle-class Americans with a focus on food costs, home ownership costs and health care costs during a speech in swing state North Carolina Friday. Improve the Economy: Harris laid out a plan to improve the economy and life for the...