Edition:
United States

David Morgan

Republicans urge more tax cuts as elections near

Sep 10 2018

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.

U.S. House Republicans target more tax cuts as elections near

Sep 10 2018

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 elections.

Republicans could limit SALT impact in new tax legislation

Sep 06 2018

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.

White House wobbles on U.S. flag after McCain death

Aug 28 2018

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

U.S. Treasury proposes tax rules on pass-through businesses

Aug 08 2018

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.

U.S. tax cuts prompt rethink by some 'inverted' companies

Aug 03 2018

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.

Capital gains tax cut idea puts pressure on Trump administration

Aug 02 2018

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.

U.S. Treasury proposes rules on repatriating overseas corporate income

Aug 02 2018

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.

Capital gains tax cut idea puts pressure on Trump administration

Jul 31 2018

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.

House Republicans roll out election-year tax cut plan

Jul 24 2018

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.

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