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The Senate bill delays dropping the corporate tax rate to 20 percent until 2019, while the House bill kicks in the new rate immediately.
Economy

Republicans headed for showdown with themselves on tax reform

Susan Ferrechio -
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Wealthy Republican donors in the Northeast --like businessman, investor, and philanthropist Kenneth Langone -- have already had a difficult time funding a Trump-led party. The GOP's tax plan, which penalizes lavish lifestyles, has closed the checkbook for many. (AP Photo/Julie Jacobson)
Business

GOP donors in New York sour on party’s tax plan

David M. Drucker -
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Former President Bill Clinton visits residents at the William Rivera Betancourt Vocational School which was turned into an emergency shelter for families affected by the impact of Hurricane Maria, in Canovanas, Puerto Rico, Monday, Nov. 20, 2017. (AP Photo/Carlos Giusti)
Washington Secrets

Florida governor: 2,000 leaving Puerto Rico every day — 84,000 in 42 days

Paul Bedard -
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President Trump may not be the most likable man in Washington, but he has more than one ally in Congress who has his back. (AP Photo/Pablo Martinez Monsivais)
Healthcare

President Trump’s 5 best friends in Congress

Al Weaver -
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A group of GOP lawmakers is also hoping to reinstall the deduction for state and local taxes, which was removed from the bill.(AP Photo/J. Scott Applewhite)
News

Fearing voter wrath, GOP lawmakers fight to save popular tax breaks

Susan Ferrechio -
0
Rep. Tom MacArthur, R-N.J., center, pauses while speaking to members of the media off the House Chamber on Capitol Hill in Washington. (AP Photo/Andrew Harnik)
Economy

New Jersey Rep. Tom MacArthur wants cap on property tax deduction lifted in tax bill

Joseph Lawler -
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Republicans can afford to lose only 22 votes and still pass the measure in the House. (AP Photo/J. Scott Applewhite)
News

Battle over loopholes still hobbling GOP’s tax reform rollout

Susan Ferrechio -
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According to the IRS, the 401(k) is the most popular type of retirement plan used today.
Economy

Tax loophole fight heats up this week

Susan Ferrechio -
0
Rep. Peter King, among several other Republicans from New York and New Jersey, voted against the tax reform bill as it may eliminate the Local Tax deduction. (AP Photo/J. Scott Applewhite)
Beltway Confidential

Twenty Republican congressmen just voted against the GOP budget. Here’s why.

Timothy P. Carney -
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The budget paves the way for a tax bill to be unveiled next week. (iStock photo)
Economy

House paves way for tax reform by passing Senate budget plan

Joseph Lawler -
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