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Bessent, Congress and tax bill

Associated Press News on MSN · 1d

Lawmakers remove ‘revenge’ tax provision from Trump’s big bill after Treasury Department request

Congressional Republicans have agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill.

Washington Examiner on MSN · 1d

Bessent asks Congress to remove ‘revenge tax’ provision from Republican tax bill

Treasury Secretary Scott Bessent asked congressional leadership to remove a provision from the Republican tax legislation that would give the Treasury Department the ability to implement a so-called “revenge tax” on certain foreign investors.

New York Post on MSN · 1d

Treasury Secretary Scott Bessent asks Congress to strip ‘revenge tax’ from Big Beautiful Bill

The provision would grant Trump the authority to tax foreign holdings of US investments as a way to retaliate against countries imposing new taxes on US companies operating overseas.

18hon MSN

The ‘revenge tax’ is dead before it even started

The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign ...

1don MSN

Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street

The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other ...

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