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U.S. 2018 Budget Blueprint Published

17 March 2017

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Proposed Changes

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United States

U.S. President Trump's first budget proposal has been published - America First: A Budget Blueprint to Make America Great Again - which sets out the changes in discretionary funding the president wants to make. The only tax-related proposal is in relation to the Internal Revenue Service (IRS), including that the agency's funding would be reduced by USD 239 million while preserving key operations to combat identity theft, prevent fraud, and reduce the deficit through the effective enforcement and administration of tax laws. The full Budget is to be released later in the spring that will include the specific mandatory funding...