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House Republicans unveiled a broad outline on Tuesday for their next phase of tax code changes, which steered clear of correcting technical mistakes from last year’s overhaul.
July 24 -
Corporate America, and even Republican leaders, have warned President Donald Trump that his trade war could end up erasing some of the savings reaped from the sharp cut in the corporate tax rate.
July 24 -
Republicans are promising Tax Reform 2.0, but only a few measures may get approved.
July 18 -
The recent tax overhaul is buoying optimism in the U.S., but not abroad.
July 12 -
U.S. Treasury Department rules outlining which businesses structured as S corporations, partnerships and limited liability companies can claim a 20 percent tax deduction are likely to be delayed until the end of July, according to a senior administration official.
July 12 -
The new tax law allows for full and immediate write-offs through 2022.
July 10 -
U.S. growth expectations may be too rosy as analysts overestimate how much tax cuts will boost the economy, according to an economic letter from the Federal Reserve Bank of San Francisco.
July 10 -
Republican leaders wanted to tout the six-month anniversary of their tax cuts this week. The rest of Washington was too busy to join the fanfare.
June 22 -
House Republicans unveiled a 2019 budget proposal Tuesday to send a message to their core supporters that repealing Obamacare, cutting taxes and partially privatizing Medicare remain high on their agenda.
June 20 -
Florida’s long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states.
June 4 -
Many of the biggest beneficiaries of President Donald Trump’s tax overhaul haven’t even been born yet.
May 15 -
The telecom giant is accused of illegally withholding information about how it plans to spend its savings from President Trump’s tax overhaul.
May 15 -
The House Minority Leader said that if Democrats take control of the House in November and she’s elected as their leader, she will seek to revise the GOP’s tax reform bill.
May 11 -
House Republicans are approaching their next attempt at tax cuts the same way they did last year — by excluding Democrats.
March 28 -
Republicans are looking to act a lot faster than originally expected to keep the new individual tax breaks from expiring in 2025.
March 16 -
A new report from Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, discusses how small businesses will face more uncertainty and complexity from the Republican tax law and will ultimately need help from their accountants to figure out the pass-through deduction.
March 15 -
Tax breaks for individuals should be made permanent in future legislation, according to the incoming White House economic adviser.
March 15 -
The Treasury recorded a $215 billion shortfall in February—its largest in six years—as revenue declined after passage of the Tax Cuts and Jobs Act.
March 12 -
The Speaker of the House visited Atlanta to tout the economic benefits of the new tax law, but the president had other ideas.
March 9 -
When 2018 taxes are due in April 2019, millions of Americans could find themselves owing the government far more than was withheld. Millions of others could find they paid too much in 2018, resulting in unusually large refunds.
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