🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

House Republicans are assuming their budget will throw off a whopping $2.6 trillion in tax revenue through higher economic growth, an aggressive assumption that dwarfs what even many conservative-leaning economists say is likely. More here: tinyurl.com/4kfz5bkd

Republicans' "current baseline" gambit could create a big loophole in Congress's reconciliation process, one Democrats might later use to their own ends -- like expanding the child tax credit. More here: tinyurl.com/bdc3j26y

$4 Trillion? The price tag at the center of this year's tax debate is almost a year old and, if it were updated, it would likely be a lot higher. R's are fine using a musty number, but that presents D's with an opportunity to make mischief. More here: tinyurl.com/yr38dmp9

Republicans, struggling to figure out a way to finance an extension of their expiring tax cuts, are turning up their noses at what some GOP vets could be a relatively easy way to save hundreds of billions of dollars. More here: tinyurl.com/ykczy5rv

Big Brian Faler scoop on Speaker Mike Johnson's new top tax aide. Will be huge player in budget/recon talks. politico.com/live-updates/2…

And more here on the tax brain drain that's been hitting the Hill, with a wave of influential aides leaving just as the tax debate heats up: tinyurl.com/m5atdj3v

Back in 2017, when Republicans pushed through their original tax cuts, one of their main goals was simplifying the code. Not this time. The word ‘simplification’ is rarely heard these days, with Republicans prepping a list of bespoke tax breaks. More: tinyurl.com/juadd2pz

Republicans never got much credit from voters for their 2017 tax cuts. And the sequel could prove an even tougher sell. politico.com/news/2025/05/0…

Tremendous Brian Faler joint on all the little industry goodies tucked into the House tax package. Pay your gym dues pre-tax out of your HSA? Gah, Big Fitness wins again! politico.com/news/2025/05/1…

politico.com/news/2025/05/2…

The "One Big Beautiful Bill Act" -- the title -- may be a goner, thanks to a curious feud among lawmakers where they kill the names of each other's tax bills (and their table of contents too!). “I wanted to make it as difficult for them as possible.” politico.com/live-updates/2…

Small colleges get a big break on the endowment tax under latest draft of Republicans' megabill. More: tinyurl.com/2ntufx7b

Alaskan whaling captains score special tax cut in GOP megabill More: tinyurl.com/4nzaurxs

A controversial tax on remittances, aimed at undocumented immigrants, would further shrink under the latest draft of Republicans' megabill. It's a priority for Trump, but sparked worries over unintended consequences. More: tinyurl.com/y5sspx6f