Trump, tax cut and Republicans
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Republicans in the U.S. House of Representatives on Tuesday will kick off their public debate on crucial elements of President Donald Trump's tax cut and budget legislation, facing choices that may strain their narrow majority.
Republicans from high-tax blue states want a higher cap for the 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
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,
Republicans rejected numerous amendments offered by Democrats, including protecting tax credits meant to combat climate change enacted under Democrats’ own 2022 budget reconciliation law.
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 ...
As Florida leaders debate how to cut taxes, Republicans agree they want to reduce property tax burdens. But what would the impact of broad slashes be on local government?