Home / General / The U.S. Treasury wants more states to adopt Trump’s tax cuts. Few have done so

The U.S. Treasury wants more states to adopt Trump’s tax cuts. Few have done so

State lawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses.

To tax tips or not? That is a question that will confront lawmakers in states across the U.S. as they convene for work next year.
The Trump administration is urging states to follow its lead by enacting a slew of new tax breaks for individuals and bu… [5935 chars]

Source: Los Angeles Times | Published: 2025-12-21T11:00:00Z

Credit: Los Angeles Times

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *