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CEO challenging Trump at Supreme Court could trigger wave of tariff refunds: "I definitely want my money back" CBS NewsTrump administration faced deeply skeptical Supreme Court in tariff arguments CNNAre tariffs taxes on Americans? The fate of blanket tariffs appears to hinge on questions Trump has evaded for years. Yahoo FinanceLive Updates: Supreme Court Hearing Case Challenging Trump's Tariff Authority The New York Times
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White House tells Supreme Court it doesn't care about the tariff money raised The Washington PostTakeaways from Trump's rocky Supreme Court arguments over global tariffs CNNTrump has other tariff options if the Supreme Court strikes down his worldwide import taxes The Seattle TimesAre tariffs taxes on Americans? The fate of blanket tariffs appears to hinge on questions Trump has evaded for years. Yahoo Finance
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About 1,800 flights could be scrapped on Friday if the U.S. goes ahead with shutdown-related airport cuts.
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Supreme Court put Trump tariffs on a high-fire grill, in bipartisan scrutiny NPRTakeaways from Trump's rocky Supreme Court arguments over global tariffs CNNSupreme Court justices appear skeptical of Trump's tariffs, but some may give leeway abcnews.go.comBarrett and Sotomayor tag-team interrogation of Trump lawyer on
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Neal Katyal, who has argued over 50 cases before the court, represents a group of businesses. Benjamin Gutman, Oregon's solicitor general, represents a coalition of states and is making his first appearance.
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Social media group will integrate the artificial intelligence search engine within its app
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The Supreme Court justices grappled with the legality of President Trump's tariffs in an oral argument that stretched for almost three hours.
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IN THE annals of modern American economic policymaking, among the most revered pieces of legislation is the Tax Reform Act of 1986. During the three decades since its passage, Democrats and Republicans alike have hailed the law not only for overhauling the country''s tax system, which Jimmy Carter famously called 'a disgrace to the human race', but also for doing so with bipartisan support in both houses of Congress. As Republicans embark on yet another sweeping rewrite of the tax code, many point to the 1986 effort as a model to emulate. It was 'really something special', Donald Trump said in August. However, admirers of America''s last comprehensive revision of its tax code should be disappointed with the GOP''s current attempts.The bill that passed in 1986 took a long, arduous path to President Ronald Reagan''s desk. Originating out of a three-volume report by the Treasury department, it faced numerous brushes with death, and took more than two years to wind its way through Congress. The process included full committee hearings, markups and deliberations. The final bill eliminated many deductions, credits and exemptions that favoured some taxpayers over others. This generated new revenues, which were then used to reduce tax rates, mainly for low and middle-income individuals. The bill did ...
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