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Donald Trump, tax deduction

An endowment tax in Trump’s ‘big beautiful bill’ could lead colleges to cut financial aid
President Donald Trump's flagship tax and spending bill includes an increased tax on the endowment income of the country's top colleges.
Trump’s big bill offers $6K tax break for seniors — but not everyone gets a cut. Here’s how much you may save
Individuals over the age of 65 can claim $6,000 as a tax deduction, as of their next tax filing, according to the Internal Revenue Service. Those who file joint returns can claim this amount individually, meaning a married couple could get deductions up to $12,000.
President Trump missed a key budget cut in the ‘Big Beautiful Bill’
Congress recently approved a sweeping budget measure that includes deep reductions in clean energy tax incentives as part of an effort to curb federal expenditures. President Donald Trump, declaring
Trump signs his tax and spending cut bill at the White House July 4 picnic
President Donald Trump signed his package of tax breaks and spending cuts into law Friday after his cajoling produced almost unanimous Republican support in Congress for the domestic priority that
Trump’s tax cut bill turned a clean energy tax credit into an instrument to boost coal
A surprise beneficiary in the budget mega bill signed by President Donald Trump on July 4 is a type of coal used in the production of steel.
Grinnell College braced for a huge tax hike under GOP bill. Instead, it'll get a tax cut
Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in President Donald Trump's budget.
Afternoon Briefing: The potential impact of college endowment taxes on financial aid
Only 13, Carpentersville girl already a seasoned student at Elgin Community College Antonika Shapovalova of Carpentersville is one smart, busy kid. Just 13 years old, she has been taking classes at Elgin Community College since fall semester 2024.
College Endowment Tax Is Leading to Hiring Freezes and Could Mean Cuts in Financial Aid
An increase in the tax on university endowments is creating financial challenges for the wealthiest U.S. colleges
Democrats galvanized by GOP bill
Hundreds of people cheered Sen. Ruben Gallego at a town hall meeting in eastern Iowa Saturday as the first-term Arizona ...
Budget office says Trump’s tax law will add $3.4 trillion to deficits, leave 10 million uninsured
WASHINGTON (AP) — President Donald Trump’s tax and spending law will add $3.4 trillion to federal deficits through 2034, the ...
NEA President: Trump’s Tax Bill Will Starve Public Schools
School meals are more than a budget line item. They are lifelines that help millions of students learn and grow. But as ...
Worcester Telegram on MSN1dOpinion
Opinion/Guest column: Tax big biz to offset 'Big Beautiful Bill'
Ensuring that large corporations pay their fair share would also help level field for local businesses that can’t shift their ...
Opinion
The Big Beautiful Bill allows me to deduct 20% of my business income every year | Opinion
I couldn’t be more grateful that President Trump and Republicans in Congress have empowered my small business for the next 10 years and beyond.
Cut red tape for green projects to gird for end of tax credits
Congress’ ‘Big Beautiful Bill’ will hike utility bills and make clean energy more expensive unless governor can accelerate ...