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FAA Weighs Pullback in Newark Flights; Trump Floats Tax on Rich

Bloomberg Businessweek

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Navigating Tax Legislation Challenges

This chapter explores the complexities of tax policies amid political controversies, focusing on a prominent political figure's contradictory statements about the wealthy's taxation. It examines the implications of proposed tax reforms and the resistance from within the Republican party, alongside Democratic strategies framing these changes as beneficial to billionaires. Ongoing negotiations around the SALT cap and corporate tax deductions are also scrutinized, highlighting the fiscal tensions in budget decisions leading up to the 2026 elections.

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