Trump's Tax Plan Challenges
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tax cutsCNN Edition
•Trump made a lot of tax promises. Can he keep them? | CNN Politics
78% Informative
President-elect Donald Trump rolled out plans for a sweeping array of tax breaks during his campaign.
Republicans will control Congress , but enacting the president-elect’s broad tax agenda could be a heavy lift.
Extending the 2017 Tax Cuts and Jobs Act could cost more than $4 trillion , and Trump has promised $3.3 trillion in tax relief measures.
Trump has promised to get rid of taxes on tips, which he unveiled at a June rally in Nevada .
Many tipped workers would not benefit since they don't earn enough to pay income tax, Yale University says.
Sen. Ted Cruz of Texas introduced a bill that would allow workers to deduct tips paid by cash, check, credit card and debit card.
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