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Senator Ron Johnson of Wisconsin, a small-business owner, says the measure would give an unfair advantage to larger corporations. [Read More]
There are tough choices at the heart of the Republican tax bills speeding through Congress, and they make clear what the party values most in... [Read More]
There are tough choices at the heart of the Republicans tax bills speeding through Congress, and they make clear the party values deep and lasting... [Read More]
Analysis reports on taxpayer liability by income group, not on individual basis... [Read More]
The nonpartisan congressional Joint Committee on Taxation said an amended Senate tax bill would effectively raise taxes on low-income Americans by 2021. [Read More]
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The legislation so far has proved difficult for lobbyists to crack, but an amendment on Tuesday included some exceptions. [Read More]
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Republican senators are mulling whether to repeal the Affordable Care Act's individual mandate when their tax proposal is revised later on Tuesday. [Read More]
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Senate Republicans outlined their vision on Thursday for overhauling the tax code, proposing a one-year delay in President Donald Trump's top priority of cutting the... [Read More]
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House and Senate Republican leaders, surrounded by analyses that suggest their plans will increase the deficit, are shopping for forecasts that say they won't. [Read More]
The Ways and Means Committee was expected to approve the tax bill on Thursday, but party leaders still needed to make adjustments to the legislation. [Read More]
But the measure would keep deductions for mortgage interest, medical expenses... [Read More]
Senate Republicans, eager to prevent large multinational corporations from stashing profits overseas, will propose a new business tax on U.S. and foreign companies as part... [Read More]
The Senate will diverge from the House legislation in several key ways, including eliminating the ability to deduct state and local taxes and scaling back,... [Read More]
The analysis could further complicate efforts by Republican leaders to forge ahead with a bill already under attack from Democrats and business groups. [Read More]
The Republican tax bill would cut taxes on average, but it would raise them on millions of middle-class families, especially those with large medical expenses. [Read More]
The changes, which came as lawmakers in the House began officially debating the bill, would tighten rules on the earned-income tax credit and seek to... [Read More]
The House tax overhaul raises taxes on high-income earners who make their money through labor, but delivers a huge tax cut to passive business owners. [Read More]
As part of the Republican tax overhaul, President Trump wants to end the requirement that most people have health coverage, a top lawmaker said. [Read More]
Savings for middle class, too, but some deductions would be cut.Reduction for businesses would cost the country $1.5T over next decade. [Read More]
Republican lawmakers unveiled the most sweeping rewrite of the tax code in decades on Thursday, outlining a $1.51 trillion plan to cut taxes for corporations,... [Read More]
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