Taxes

GOP Double-Down on Trick Down Tax Bill (Nov. 2)

Update 218: GOP Double-Down on Trick Down Tax Bill: Rebates for Families, Windfalls for Cos. This morning, Speaker Ryan, House Ways and Means Chair Brady, and senior Republicans on the Committee formally introduced the Tax Cuts and Jobs Act.  The legislation is 429 pages of substantial changes to the tax code affecting corporations and individual taxpayers …

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Trump Wooing Democrats on Tax (Oct. 18)

Update 215:  Trump Wooing Democrats on Tax; Outside Groups Making Inside Pitches Too Senate debate continued today on the budget resolution the GOP now has the votes for and intends to pass tomorrow night.  The resolution includes reconciliation instructions for a $1.5 trillion deficit-financed tax cut.  As we watch the amendment process — aka votarama …

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GOP Puts Tax Outline on Table (Sep. 28)

Update 208 – GOP Puts Tax Outline on Table; Many Details and Months of Debate to Follow Yesterday, after several false starts and months of manufactured distractions, GOP leadership in Congress and the Trump Administration finally tabled a framework for a tax plan that would lower rates across the board and cost the nation billions of dollars, possibly …

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Sen. Finance Tax Reform Hearing (Sep. 15)

Update 204 — Sen. Finance Tax Reform Hearing: Hatching Bipartisan Possibilities or Pipe Dreams? Today’s Senate Finance Committee hearing on individual income taxes marked the first indication that we may be witnessing an administration-directed, or influenced, shift from partisanship to triangulation, this time on tax reform.  The  tectonic shift under the ground of American partisan politics was …

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Trump's Tax Speech (Aug. 31)

Update 199 — Trump’s Tax Speech: Are We Staring at a Vanishing Point?   Donald Trump went to Springfield, MO yesterday to tout a putative tax plan — the one he expects Congress to deliver to his desk this fall.  As usual, Trump provided almost no specifics but guaranteed the plan will produce the best …

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Tax Talk of the Town (Jul. 27)

Update 196: Tax Talk of the Town What Have the Secret Six Unveiled? The Administration is in critical straits. While fending off accusations of Russian collusion, dithering and infighting, ignoring its half-filled sub-cabinets, reversing constitutional rights via Twitter, and failing even to repeal the ACA, they have had little time to deal with tax policy. …

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