In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect ...

Now that the election frenzy is over, policymakers must decide the fate of the 2017 Tax Cuts and Jobs Act’s expiring ...

Specifically, the bottom quintile sees a 0.6% income decline ... Trump has also floated the idea of shaking up the federal income tax by replacing it with revenue from tariffs on imported goods.

Real income, reflecting prices, increased by 2.3%.By income quintile , the average monthly income of the top 20% households in the quintile increased by 6.5% to KRW 11.54 million.The income of the ...