WASHINGTON With congressional elections looming, Republicans in the U.S. House of Representatives on Monday proposed more deficit-expanding tax cuts, an effort seen by some tax experts as unlikely to become law and geared chiefly toward winning votes.
WASHINGTON, Sept 10 Republicans in the U.S.
House of Representatives plan to unveil another round of tax
cuts this week, hoping to draw a sharp contrast between
themselves and Democrats ahead of the Nov. 6 congressional
WASHINGTON U.S. Republicans, aiming to get another round of tax legislation through the House of Representatives before the Nov. 6 elections, said on Thursday that they are considering ways to minimize political blowback from a new cap on federal deductions for state and local tax payments.
WASHINGTON The White House lowered its U.S. flag to half-staff, raised it back up and on Monday lowered it again after the death of Senator John McCain, in an unusual and confusing break with protocol on the passing of a national leader. | Video
WASHINGTON The U.S. Treasury on Wednesday proposed tax regulations for a new 20 percent income tax deduction for owners of businesses organized as pass-through entities, including rules to prevent the measure from becoming a tax loophole for wealthy Americans.
WASHINGTON A few U.S. companies that moved offshore in a wave of inversion deals are considering returning to the United States now that domestic tax rates are lower and tax policing is tougher abroad, attorneys and consultants said.
WASHINGTON The Trump administration came under pressure on Tuesday from both critics and allies over whether it should proceed with another tax cut for investors and do so without consulting the U.S. Congress.
WASHINGTON U.S. companies got more clarity on Wednesday on bringing more than $2.6 trillion in profits held abroad into the United States, as required under tax changes enacted by the U.S. Congress in December.
WASHINGTON, July 31 The Trump administration
came under pressure on Tuesday from both critics and allies over
whether it should proceed with another tax cut for investors and
do so without consulting the U.S. Congress.
WASHINGTON Republicans in the U.S. House of Representatives unveiled an election-year tax plan on Tuesday that is unlikely to become law but could energize party voters this autumn by promising permanent tax cuts for individuals and most business owners.