Tag: Karoline Leavitt

(L-top) WASHINGTON, DC - DECEMBER 20: U.S. House Majority Leader Rep. Steve Scalise (R-LA) arrives at a Republican House Conference meeting at the U.S. Capitol on December 20, 2024 in Washington, DC. House GOPs are trying to come up with a third plan to pass a spending bill to avert a government shutdown, after the first two have failed. (Photo by Alex Wong/Getty Images) / (L-bottom) WASHINGTON, DC - FEBRUARY 5: White House Press Secretary Karoline Leavitt speaks during a news conference in the Brady Press Briefing Room at the White House on February 5, 2025 in Washington, DC. Leavitt discussed the president's views on Gaza, the Panama Canal, and a "No Men In Women's Sports" executive order the president is set to sign later today, and other topics. (Photo by Andrew Harnik/Getty Images) / (R) WASHINGTON, DC - JANUARY 29: U.S. President Donald Trump delivers remarks before signing the Laken Riley Act, the first piece of legislation passed during his second term in office, in the East Room of the White House on January 29, 2025 in Washington, DC. Jason Riley and Allyson Philips, the parents of 22-year-old Laken Riley, a University of Georgia nursing student who was murdered in 2024 by an undocumented immigrant, attended the signing ceremony. Among other measures, the law directs law enforcement authorities to detain and deport immigrants who are accused but not yet convicted of specific crimes, if they are in the country illegally. (Photo by Chip Somodevilla/Getty Images)

Trump Requests To End Tax Perks For Billionaire Sports Team Owners And Hedge Fund Managers, Offsetting ‘No Tax On Tips’ And S.S. Tax Cuts

In regard to ending taxes on tips, overtime, and Social Security payments, and to raise the $10,000 state and local tax deduction threshold, President Donald Trump asked Congressional Republican leaders to terminate tax benefits for hedge fund managers and affluent owners of sports teams.

Read More Trump Requests To End Tax Perks For Billionaire Sports Team Owners And Hedge Fund Managers, Offsetting ‘No Tax On Tips’ And S.S. Tax Cuts