NOT FOR REPRINT
Trump Tax Ideas Would Lead to 'Mother of All Stagflations': Summers
News June 14, 2024 at 04:24 PM
Share & Print
What You Need To Know
- Trump has floated tariff hikes as a way to pay for some income tax cuts.
- His anti-immigration stance could squeeze the labor supply, and repealing Biden's renewable energy subsidies would push up power costs, the former Treasury secretary says.
- A Trump spokeswoman said his policies would reduce inflation.
Immediate Answers to Critical Tax Questions At Your Fingertips
Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.
Get More InformationRecently Added Q&As
Recently Updated Q&As
What is the temporary “senior deduction” deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
Who must file a return?
Get Answer
Recently Updated Q&As
Can a taxpayer deduct business-related transportation expenses incurred when the taxpayer is not travelling away from home on business?
Get Answer