Tax Cut, Trump and Republicans
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Republicans from high-tax blue states want higher cap for state-and-local tax deduction.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story House GOP moves Trump tax cuts through committee The House
19hon MSN
Republicans and Democrats grew weary in the early hours of Wednesday morning on Capitol Hill as they slogged through at-times contentious debate over provisions in President Donald Trump’s sweeping tax and spending cuts package.
Republican tax writers propose eliminating a $200 tax on firearm silencers as part of Trump's tax reform, potentially benefiting gun-rights groups. The move could cost $1.4 billion over a decade. While some argue it's about hearing protection,
Lawmakers on Capitol Hill are debating a new tax cuts bill that includes no taxes on tips and overtime, investment accounts for babies, and a new deduction for Social Security.
The full committee will debate and advance this legislation on ... fully extend the trillions in tax breaks he enacted via the Tax Cuts and Jobs Act, or TCJA, in 2017. Without TCJA extensions ...