Trump tax plan

The mood in markets and the financial situation are starkly different from 2017, when Trump and congressional Republicans passed a deficit-expanding tax cut.

Republicans broadly agree that there's little room for error on what is a rare opportunity for the GOP to update the Tax Code without having to make any concessions to Democrats.

Johnson said the massive bill would address issues such as border security, including money for the mass deportations of undocumented immigrants; and an extension of the 2017 Trump tax cuts.

The incoming GOP majorities in the House and Senate mean Trump can enact a tax bill without making concessions to Democrats.

The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald Trump.

The return of the former president to the White House gives him an opportunity to deliver on his many tax promises.

Both Donald Trump and Joe Biden have begun laying out their visions for the Tax Code.

Donald Trump plans to make permanent the 2017 individual tax cuts that he enacted as president while keeping corporate tax levels unchanged in an appeal to working and middle class voters should he retake the White House.

The potential for higher rates in 2021 is real, but exactly what the rate would be, and who would pay those rates, is far from certain.

At the center is a pledge not to increase rates on those making less than $400,000, and that various changes would only impact earnings above the threshold.