Tag: Taxes

Senate Republicans unveiled their tax reform bill on Thursday. The bill would completely eliminate the deduction for state and local taxes. It would also eliminate deductions for property taxes and income or sales taxes, raising more revenue to devote to lowering tax rates. (AP Photo/J. Scott Applewhite)

How the Senate GOP tax bill differs from the House version

Joseph Lawler · November 9, 2017 8:01 pm

The amendment from Ways and Means Committee Chairman Kevin Brady also would change the rules relating to the taxation of international business income. (AP Photo/J. Scott Applewhite)

House GOP will put adoption credit in bill, sweeten small business cut

Joseph Lawler · November 9, 2017 7:11 pm

"The longer we wait, the worse it is for the economy in making companies competitive," Treasury Secretary Steven Mnuchin said. (Graeme Jennings/Washington Examiner)

Senate tax bill lands with a thud at the White House

Gabby Morrongiello · November 9, 2017 7:11 pm

Rep. Mark Meadows, R-N.C., leads a faction of more than three dozen conservatives whose support for a final tax bill will be critical for passage in the House. (Graeme Jennings/Examiner)

Top House conservative rejects Senate plan to phase in corporate tax cut

Susan Ferrechio · November 9, 2017 5:20 pm

Speaker of the House Paul Ryan, R-Wis., unveiled the GOP's far-reaching tax overhaul on Nov. 2. It's the first major revamp of the tax system in three decades. (AP Photo/J. Scott Applewhite)

40 conservative groups rally behind House GOP tax bill

Joseph Lawler · November 9, 2017 11:00 am

House Republicans don't actually intend for the new parent tax credit, or several other expensive provisions, to expire. (Graeme Jennings/Washington Examiner)

Republicans rely on future Congresses to carry out tax plan

Joseph Lawler · November 9, 2017 5:01 am

House Republicans, such as Rep. Pete Sessions, R-Texas, and Rep. Tom Cole, R-Okla., are under pressure to pass a complicated tax reform bill by year's end. Some, like Cole, believe if the legislation isn't pushed through, it could spell defeat for Republicans in the 2018 midterm elections. (AP Photo/J. Scott Applewhite)

GOP election rout haunts tax reform push

Al Weaver, Susan Ferrechio · November 9, 2017 5:01 am

Former White House chief strategist Steve Bannon told Fox News' Sean Hannity on Wednesday that Senate Majority Leader Mitch McConnell, R-Ky.,
should tender his resignation immediately -- or wait after Republicans pass a tax reform package. (AP Images)

Steve Bannon: Mitch McConnell ‘should tender his resignation’ tomorrow

Diana Stancy Correll · November 9, 2017 3:16 am

House Ways and Means Committee Chairman Kevin Brady, R-Texas, says there will be last-minute changes to the tax reform bill to bring it into compliance with Senate rules. (AP Photo/J. Scott Applewhite)

House Republicans plan last-minute changes to bill to lower tax cut to $1.5 trillion

Joseph Lawler · November 9, 2017 12:12 am

Rep. John Larson, D-Conn., broke into song Wednesday -- albeit singing the wrong lyrics -- as the House Ways and Means Committee continued its debate over the Republican tax reform package. (AP Photo/J. Scott Applewhite)

Rep. John Larson sings wrong lyrics to ‘Amazing Grace’ in committee hearing

Kara Zupkus · November 8, 2017 9:50 pm

529 savings accounts are state-backed savings accounts that allow various family members to contribute money toward a child's college tuition and higher education expenses. (iStock by Getty Images)

Republican tax plan seeks to aid parental choice in education

Kate Hardiman · November 8, 2017 9:21 pm

The bill would slash deductions, several of which millennials take advantage of, or perhaps may have planned to use in the near future. (iStock photo)

3 ways the GOP tax plan will most directly affect millennials

Jon Street · November 8, 2017 9:18 pm