The Facts About The $1.3 Trillion Omnibus Bill
Despite differences between Republicans and Democrats in Congress, government leaders agreed on $1.3 trillion omnibus bill. Here’s what made it into the bill – and what got left out.
Where tax policy meets politics — legislation, elections, and the debates in Washington that decide how (and how much) you’re taxed.
Despite differences between Republicans and Democrats in Congress, government leaders agreed on $1.3 trillion omnibus bill. Here’s what made it into the bill – and what got left out.
At a press meeting earlier today, President Donald Trump announced that he would impose tariffs on imported steel and aluminum. So what is a tariff and how does it work?
We appear to have a deal on taxes. From changes to the home mortgage interest deduction to what wasn’t included in the charitable donation deduction, here’s what’s in the final tax reform bill.
The Senate passed their version of tax reform this week. Here’s how their version differs from the House version – and from current law.
Senate Republicans got a win last night when the final version of their tax reform bill passed, 51-49. The vote was largely along party lines: only one Republican, Sen. Bob Corker (R-TN), voted against it, and no Democrat voted in favor.
Days after the Senate announced the details of their version of the Tax Cuts and Jobs Act, the real work began: marking it up. The “Chairman’s Mark” describes proposed changes to the plan – which include making tax cuts for individuals temporary and adding a new tax form.
As Senate leaders search for ways to make the numbers work, Republicans believe they might have a solution. Although there was no mention of Obamacare repeal in either of the House or Senate original plans, Republicans plan to include language to repeal the Affordable Care Act’s individual mandate.
Senate Republican leaders have now released their version of tax reform. Here’s how it compares to the House Tax Cuts and Jobs Act.
House Republican leaders have released talking points on their tax bill, called the Tax Cuts and Jobs Act – and the proposals are already generating controversy. Here’s how the new House tax bill is expected to impact your taxes.
Today, Special Counsel Robert Mueller’s issued indictments to two persons, Paul J. Manafort, Jr., 68, of Alexandria, Va., and Richard W. Gates III, 45, of Richmond, Va., as part of an ongoing investigation into whether Russia influenced the 2016 election.