Those Tax Breaks In The Gop Plan? Enjoy Them While They Last

WASHINGTON (AP) — President Donald Trump has touted his tax overhaul as a once-in-a-generation opportunity. Yet the plan Senate Republicans have embraced could force lawmakers to rewrite the tax code repeatedly for years to come.

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  • States Debate Adopting Tax Breaks for Private-School Tuition
    and that has been interpreted in many cases to include tax breaks, tax subsidies for private schools,” Davis said. Bell said it’s best for taxpayers to consult an accountant in their state before considering using a 529 plan for private K-12 school ...
    06/14/2018 - 1:44 pm | View Link
  • Kentucky's Republican tax reform starts to hit worker paychecks
    Employers and the companies that handle their payroll, like ADP, are tweaking the amounts withheld from workers’ checks after the Kentucky Department of Revenue put out revised instructions last month conforming with the GOP-led tax reform. For a worker ...
    06/13/2018 - 7:57 am | View Link
  • Kansas GOP candidates alone in advocating for tax dollars to support private-school vouchers
    Hartman, the lieutenant governor running mate with GOP gubernatorial ... tax breaks in exchange for contributions to scholarship funds at private educational institutions. Meanwhile, the Kansas Supreme Court is evaluating constitutionality of a plan ...
    06/13/2018 - 12:24 am | View Link
  • GOP tax plan wide-reaching; some rates lower, some breaks pared
    WASHINGTON -- House Republicans unfurled a broad tax-overhaul plan Thursday that would touch virtually all Americans and the economy's every corner, mingling sharply lower rates for corporations and reduced personal taxes for many with fewer deductions for ...
    06/10/2018 - 8:33 pm | View Link
  • Blue states find ways to undercut GOP tax law
    But some of the states would go beyond that, giving their residents breaks unavailable in other states ... which remain fully deductible at the federal level. The most expansive plan enacted so far is in New York, where people can turn both their property ...
    06/9/2018 - 11:59 pm | View Link
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  • China to offer tax breaks to foreign companies after GOP ...
    China is offering a tax break to foreign companies to try and persuade them to remain in the country after the GOP tax plan created new incentives to bring more businesses to the U.S.
    12/29/2017 - 2:45 am | View Website
  • GOP Tax Plan Hurts the Poor to Help the Rich
    By providing a giant tax cut for the rich and corporations and giving modest tax cuts for individuals, by ballooning the deficit by $1.5 trillion, and by repealing the Obamacare mandate, the GOP tax plan takes from those who need it most to give to those who have more than enough.
    12/21/2017 - 10:28 pm | View Website
  • Trump GOP tax bill: Small business owner breaks down 3 big ...
    An economics professor turned Jimmy John's franchisee breaks down why he doesn't think Republicans' tax plan helps small-business owners.
    12/21/2017 - 1:00 am | View Website
  • Here's what the GOP tax plan could mean for you
    The bill includes deep tax cuts for corporations, tax breaks for the wealthy, and what experts say are more limited benefits for middle-class Americans. -- Corporate rate to 21%, down from 35% under current law. Takes effect in 2018. --- Eliminates Corporate Alternative Minimum Tax - Had been ...
    12/20/2017 - 9:44 am | View Website
  • GOP tax plan: Key details of the final bill, explained
    The final bill still leans heavily toward tax cuts for corporations and business owners. But it also expands or restores some tax benefits for individuals relative to the earlier bills passed by the House and Senate.
    12/15/2017 - 4:06 am | View Website
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