Trump presidency faces high stakes in midterm elections

President Donald Trump has been acting like a candidate on the ballot this week, staging daily double-header rallies and blasting out ads for Republicans up for election on Tuesday. Given the stakes for his presidency, he might as well be.

Trump’s new tax cut plan probably waits for 2019: lawmaker

The U.S. House of Representatives’ leading lawmaker on taxes suggested on Sunday that a new tax cut plan touted by President Donald Trump was unlikely to see action in Congress before 2019, and then only if Republicans keep their majority in Nov. 6 elections.

Man Suspected in Parcel Bombs Case Arrested in Florida

FBI agents arrested a man in Florida on Friday suspected of sending at least a dozen parcel bombs to high-profile critics of U.S. President Donald Trump days ahead of congressional elections, authorities said.

Brazil elects right-wing candidate Jair Bolsonaro as president

Brazil’s Supreme Electoral Tribunal declared Sunday that far-right congressman Jair Bolsonaro, a champion of traditional Brazilian values, has won the country’s election for the presidency of Latin America’s biggest country and the world’s fourth-largest democracy.

GOP warns economy will tank if Dems win

Republicans are turning positive economic news into attacks on Democratic candidates, warning of dire consequences if the minority party wins control of Congress in the midterm elections.

Trump says team working on tax cut for middle-income earners

U.S. President Donald Trump said the administration was studying a tax cut for middle-income earners that could be rolled out some time around the beginning of November, just before pivotal congressional elections.

Top 3% of U.S. Taxpayers Paid Majority of Income Taxes in 2016

Individual income taxes are the federal government’s single biggest revenue source. In fiscal year 2018, which ended Sept. 30, the individual income tax is expected to bring in roughly $1.7 trillion, or about half of all federal revenues, according to the Congressional Budget Office.

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