As the House and Senate begin to reconcile their different tax bills, they will have to sort through many little-known provisions that appear designed more to achieve policy goals or reward key lawmakers than deliver tax savings. Here’s a look at some of the standouts, and their prospects for being including in the final legislation. […]
Koch Brothers’ Senator Pushes Tax Break for ‘Dark Money’ Groups…
Another One Bites the Dust: Rep. Trent Franks to Resign After Discussing Surrogacy with Female Staffers…
Rep. Trent Franks (R-Ariz.) announced Thursday that he would resign from office as of Jan. 31, 2018, after discussing surrogacy issues with female staffers. “I have recently learned that the Ethics Committee is reviewing an inquiry regarding my discussion of surrogacy with two previous female subordinates, making each feel uncomfortable,” he said in a statement. […]
Gun Rights Activists Celebrate House Approval of Concealed Carry Reciprocity Bill…
The House delivered a win for gun rights groups Wednesday with the passage of legislation that would force states to recognize concealed carry permits issued by other states and would strengthen the federal gun background check system. The Concealed Carry Reciprocity Act, backed by Republicans, was adopted in a 231-198 vote that mostly followed party […]
Top GOP Senators Say They Have the Votes to Pass Tax Bill…
Republicans have clinched the 50 votes need to pass their tax plan, after three key holdouts came on board. The move puts the legislation on a path to clear the upper chamber as soon as Friday and puts Senate Republicans on the brink of a significant legislative and political victory. Senate GOP leadership has been […]
Got to ‘Yes’ by Raising Tax on Overseas Earnings, Boosting Small Business Breaks…
Women on Capitol Hill Tell of ‘Sex Trade,’ ‘Creep List’ of Lawmakers…
WaPo Tears Apart Dem Talking Point That Tax Cuts Only Benefit Wealthy…
Trump/GOP Tax Plan Released (Not Large Home Friendly)…
Lowers individual tax rates for low- and middle-income Americans to Zero, 12%, 25%, and 35%; keeps tax rate for those making over $1 million at 39.6% – Increases the standard deduction from $6,350 to $12,000 for individuals and $12,700 to $24,000 for married couples. – Establishing a new Family Credit, which includes expanding…
No Changes to 401(k), Doubles Deductions for Middle Class, Limits State and Local Tax…
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