Kyle Hulehan

Jan 22, 2025 | taxfoundation.org | Kyle Hulehan

This week, the incoming Trump administration issued a day-one executive order on the global minimum taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. agreement known as Pillar Two, which seeks to ensure multinational corporations pay at least 15 percent in income tax.

Nov 15, 2024 | taxfoundation.org | Alex Durante |Kyle Hulehan

The Social Security trust funds face looming insolvency if policymakers don’t reform the program. One issue that garners a lot of attention in the debate over solutions is the payroll taxA payroll tax is a tax paid on the wages and salaries of employees to finance social insurance programs like Social Security, Medicare, and unemployment insurance.

Nov 13, 2024 | taxfoundation.org | Erica York |Garrett Watson |William McBride |William Mcbride |Kyle Hulehan

The clear election victory for Republicans means they will retake the White House, Senate, and (by a slim margin) the House next year, putting them in the driver’s seat to determine the direction of taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. reform.

Nov 8, 2024 | taxfoundation.org | Kyle Hulehan |Dan Carvajal |Erica York

Join hosts Kyle Hulehan and Erica York in this episode of The Deduction as they break down the US taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policy implications of Donald Trump’s next presidential term.

Nov 6, 2024 | taxfoundation.org | Erica York |Kyle Hulehan

President-elect Donald Trump has proposed to implement a universal baseline tariffTariffs are taxes imposed by one country on goods imported from another country. Tariffs are trade barriers that raise prices, reduce available quantities of goods and services for US businesses and consumers, and create an economic burden on foreign exporters. on imports when he takes office.