Senate GOP plan would delay corporate tax cut, protect mortgage interest...
WASHINGTON – Senate Republicans are forging their own path on the effort to overhaul the U.S. tax code, preparing a plan that would delay President Trump’s top business priority and blow up House...
View Article“I don’t feel wealthy”: The upper middle class is worried about paying for...
By Todd C. Frankel, The Washington Post ALPHARETTA, Ga. – On the income distribution charts at the center of tax overhaul plans, Courtney Mishoe knows she’s doing well. She works as a tax manager at a...
View ArticleSenate GOP tax bill would delay biz cut, undo deductions
WASHINGTON — Senate Republicans revealed the details of their sweeping tax legislation Thursday, including a one-year delay in plans for a major corporate tax cut despite strident opposition from the...
View ArticleHighlights of House, Senate GOP plans to overhaul tax code
WASHINGTON — A comparison of a Republican-written tax bill approved Thursday by the House Ways and Means Committee and another being proposed by GOP members of the Senate Finance Committee: –Personal...
View ArticleWealthy homebuyers already figured out how to game the GOP tax plan
Out in the Hamptons, Wall Street’s favored beach resort on Long Island, brokers and buyers already have a workaround for a tax-plan provision under consideration in Congress that would take away the...
View ArticleGOP test: Expiring tax cuts would mean little bang for buck
WASHINGTON — Senate Republicans have run into a problem with their proposed tax cuts: Under Senate rules, the cuts would expire after 10 years. Problem is, most economists say temporary tax cuts would...
View ArticleBusiness groups typically allied with GOP not all on board fast tax train
WASHINGTON – One powerful group was noticeably scarce from the flurry of activity inside the congressional committee room where Republicans recently took a big step toward passing their sweeping tax...
View ArticleTough decisions loom as congressional GOP moves closer to tax-cut plan
Congressional Republicans face critical decisions this week as they move within striking distance on a major legislative package to cut taxes, an achievement party leaders say is crucial to stabilizing...
View ArticleWind industry apprehensive as provision in House tax bill puts future...
The wind industry blew a tentative sigh of relief last week. The U.S. Senate’s recently released tax bill preserves key wind construction tax credits that are at risk in the House’s version, which...
View ArticleTrump barges into tax debate, seeks deeper cut for wealthy
WASHINGTON — President Donald Trump on Monday barged into congressional Republicans’ carefully calibrated work on revamping the nation’s tax code, calling for a steeper tax cut for wealthy Americans...
View ArticleAnalysis says Senate bill would hike taxes for 13.8 million
WASHINGTON — Promoted as needed relief for the middle class, the Senate Republican tax overhaul actually would increase taxes for some 13.8 million moderate-income American households, a nonpartisan...
View ArticleSenate GOP to add repeal of Obamacare insurance mandate into tax bill
WASHINGTON – Senate Republican leaders said Tuesday that they would seek a repeal of the Affordable Care Act’s individual mandate through their tax bill, a major change of strategy as they try to...
View Article1st GOP senator opposes tax bill in early sign of problems
WASHINGTON — Wisconsin’s Ron Johnson on Wednesday became the first Republican senator to say he opposes his party’s tax bill, signaling potential problems for GOP leaders. Passage of a similar package...
View ArticleAs U.S. House tax reform vote nears, Colorado’s Ken Buck could be the rare...
WASHINGTON — Among the Republicans in Colorado’s congressional delegation, U.S. Rep. Ken Buck is the one most likely to oppose a far-reaching tax plan that’s scheduled for a vote Thursday in the U.S....
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On Republican tax bill, Donald Trump and Paul Ryan nudged skeptic Ken Buck...
WASHINGTON — Last-minute conversations with President Donald Trump and House Speaker Paul Ryan helped persuade U.S. Rep. Ken Buck to vote with most of his Republican colleagues in support of a broad...
View ArticleThe House just passed its big tax bill. Here’s what is in it.
WASHINGTON – President Donald Trump and GOP House Speaker Paul Ryan, Wis., won a major victory as the House passed the tax bill Thursday, the central piece of the Republican plan to boost the U.S....
View ArticleCSU prof says workers won’t benefit from Trump’s corporate tax cut
By Steven Pressman, Colorado State University Many children have played hot potato, a game in which they pass a spud to other children quickly so they don’t get stuck with it when the music stops....
View ArticleUltra-wealthy win in Senate tax bill, other face hikes
WASHINGTON — The ultra-wealthy, especially those with dynastic businesses — like President Donald Trump and his family — do very well under a major Republican tax bill moving in the Senate, as they do...
View ArticleDeduction targeted by GOP used by tax filers in most states
ATLANTA — A popular deduction targeted in the GOP’s overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents...
View ArticleDemocrats see backlash over Republicans’ tax bill as a key to winning in the...
HOLLIS, N.H. – For decades, the battle lines in New England’s most politically conservative state were clear. Republicans ran on tax cuts. Democrats ran on targeted tax credits. Both parties kept New...
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