In his Rose Garden speech launching a global trade war by announcing the most sweeping tariffs in modern history, President Donald Trump bestowed a history lesson on his audience that diverged from ...

This increases to $1,350 in tax year 2025. Only the remaining balance will be subject to the kiddie tax provided they have no earned income. This works out to the first $1,300 or $1,350 being ...

This was not the first ... income tax was dead. In a private letter to a friend, the president explained, “A good many people who are attacking [the corporate income tax] now will be glad to use ...