Dow Jones industrials breach 24,000 in broad market rally
Investors are exuberant and for good reason: the global economy is strong, corporate earnings are solid, Washington appears closer to delivering lower taxes on corporations and is signaling less...
View ArticleGOP leaders scramble to save tax bill
WASHINGTON – A fast-moving Senate Republican effort to overhaul the tax code unexpectedly stalled Thursday evening over concerns about the federal deficit, leaving the GOP without a clear plan to pass...
View ArticleSenate Leader McConnell confirms votes are there to pass proposed tax overhaul
WASHINGTON — Senate Republicans steamed toward passage of a $1.4 trillion tax bill Friday, overcoming eleventh-hour hitches in their drive to deliver a major legislative accomplishment to President...
View ArticleWhy conservatives don’t love the Ivies
Drew Gilpin Faust, the president of Harvard University, has been lobbying in Washington against a Republican proposal to tax large university endowments and make other tax and spending changes that...
View ArticleA moment of national truth
Seven years and almost $7 trillion in new debt ago, we released a bipartisan package of tax and spending reforms as co-chairs of the National Commission on Fiscal Responsibility and Reform. At the...
View ArticleSenate OKs tax bill as Trump, GOP near big legislative win
WASHINGTON — Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph...
View ArticleWinners and losers in the Senate GOP tax bill: A running list
By Heather Long, The Washington Post Republicans have enough votes in the Senate to pass a sweeping overhaul of the U.S. tax code, the largest change since Ronald Reagan’s presidency. The bill zipped...
View ArticleDemocrats fume over “absurd” GOP tax bill full of last-minute, handwritten edits
WASHINGTON – As a good portion of Americans were sleeping, Senate Republicans passed a $1.5 trillion tax bill in the wee hours of Saturday morning. The bill squeaked through the Senate in a 51 to 49...
View ArticleHighlights of Senate, House GOP bills to overhaul tax code
Republicans early Saturday rammed a nearly $1.5 trillion tax overhaul through the Senate, a sweeping revamp of the nation’s tax code. The House passed a nearly $1.5 trillion tax bill two weeks ago that...
View ArticleHours after Senate GOP passes bill, Trump waffles on size of corporate tax cut
WASHINGTON – Hours after the pre-dawn passage of a $1.5 trillion tax cut, President Donald Trump suggested for the first time Saturday that he would consider a higher corporate rate than the one Senate...
View ArticleRepublicans’ irresponsible tax plan rush
There’s no question that the procedures under which Republican senators passed their tax bill in the wee hours of Saturday morning were irresponsible. It’s worth taking a quick look at what that means....
View ArticleWith shutdown looming, conservative Republicans try pushing back the next...
WASHINGTON — Attempts to avert a government shutdown hit a snag late Monday as a bloc of conservative lawmakers pressured top GOP leaders to set a new spending deadline for just after Christmas —...
View ArticleCount the ways: How GOP tax plans would reward rich families
WASHINGTON — Life may be about to get easier for people with rich parents. They can thank the Republicans’ tax plans. Part of their prep school tuition could be shielded from taxes. A larger chunk of...
View ArticleCongress seems on track to avert weekend government shutdown
WASHINGTON — Despite incendiary words from President Donald Trump, Congress seemed on track Wednesday to approving legislation that would avert a partial government shutdown over the weekend as all...
View ArticlePalisade marijuana dispensary challenges IRS in U.S. Tax Court
As marijuana tax reform efforts petered out on Capitol Hill, another endeavor is before the U.S. Tax Court to let state-legal cannabis businesses take deductions and credits. The owners of a marijuana...
View ArticleColorado home-sellers could see a big bill as the result of a lesser-known...
Years of rapid home price appreciation along the northern Front Range will leave homeowners in the region more vulnerable to changes in the tax code now before Congress. Coloradans need to be aware of...
View ArticleHow the GOP tax cut could take money away from most Americans
By Heather Long, The Washington Post If President Donald Trump and congressional Republicans end up paying for their proposed $1.4 trillion tax cut by reducing spending or raising taxes later on, most...
View Article2 questions loom over House-Senate talks on GOP tax bill
WASHINGTON — Two looming questions threaten to snag the seemingly smooth trajectory of the Republicans’ massive tax legislation now in its final leg in Congress. How to satisfy demands of the...
View ArticleWhat happened when North Carolina cut taxes like the GOP plans to for the...
By Todd C. Frankel, The Washington Post BURLINGTON, N.C. – For a peek into a world after a massive tax cut, visit North Carolina and ride along with factory owner Eric Henry. Conservative groups have...
View ArticleTrump talks tax cuts and budget on golf course with Lindsey Graham
WEST PALM BEACH, Fla. — President Donald Trump sought Sunday to gloss over the difficult work ahead for lawmakers laboring to finalize tax cut legislation he can sign by his self-imposed Christmas...
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