2017 tax overhaul - Providence Business News

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THE TOP six banks in the U.S. saved $18 billion collectively due to their average effective tax rate falling to 18% in 2019 from the 30% average prior to the Republican tax overhaul of 2017. / BLOOMBERG NEWS FILE PHOTO/JIN LEE

Trump tax cut hands $32B windfall to America’s top banks

Financial Services 01/16/2020

NEW YORK – Savings for the top six United States banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32...

CHARITABLE GIVING by individuals in the U.S. fell an estimated 3.4%, after adjusting for inflation, last year, following changes in the 2017 Republican tax overhaul, according to a report released Tuesday by Giving USA. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Trump’s tax law made Americans less charitable, nonprofits say

Economic Activity 06/18/2019

WASHINGTON – Americans gave less money to charities last year partly because the Republican tax law changes made many people ineligible for tax breaks...

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