Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Senate Republicans prepared to unveil sweeping tax legislation

WorldNews Friday, 10 November 2017 ()
Senate Republicans prepared to unveil sweeping tax legislationWASHINGTON — Senate Republicans revealed the details of their sweeping tax legislation Thursday, including a one-year delay in plans for a major corporate tax cut despite strident opposition from the White House and others in their own party. Their bill would leave the prized mortgage interest deduction untouched for homeowners in a concession to the powerful real estate lobby but would ignore a House compromise on the hot-button issue of state and local tax deductions. On the other side of the Capitol, the House Ways and Means Committee approved its own version of the legislation on a party-line 24-16 vote, amid intense political pressure on the GOP to push forward on the first major...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Wochit News - < > Embed

News video: House of Representatives Passes The "Tax Cuts and Jobs Act"

House of Representatives Passes The "Tax Cuts and Jobs Act" 00:38

The House voted to pass the 429-page GOP tax plan, called the"Tax Cuts and Jobs Act" on Thursday. The massive bill is moving through Congress quickly, but the House bill's passage is just another in a series of steps for it. Senate Republicans debuted their own tax legislation as well, and it...

Recent related news

Senate bill to delay corporate tax cut, undo local deduction

Senate Republicans prepared to unveil sweeping tax legislation Thursday that would delay a corporate tax cut for one year...
Deseret News - WorldAlso reported by •NewsmaxReutersFOXNews.comL.A. Times

Senate Tax Reform Plan Includes Key Differences With House Bill

Senate Republicans unveiled their highly anticipated tax reform bill on Thursday, with the proposed legislation including several key differences with the House...
RTTNews - Business

Senate Republicans Will Diverge From House in Sweeping Tax Rewrite

The Senate will diverge from the House legislation in several key ways, including eliminating the ability to deduct state and local taxes and scaling back,...
NYTimes.com - USAlso reported by •FOXNews.comReuters

You Might Like


Other recent news in Front Page

AC/DC co-founder MALCOLM YOUNG dead at 64Saad Hariri, LEBANON PM, to return to Beirut 'in coming days'
MELBOURNE weather chaos as torrential rain halts flightsMotorcyclist DANIEL HEGARTY dies at Macau Grand Prix
Manushi Chhillar wins MISS WORLD 2017 titleAutumn international: Scotland 17-22 NEW ZEALAND
Roger FEDERER did what?! The numbers behind his stellar seasonARSENAL 2-0 Tottenham Hotspur
Thousands march in HARARE demanding the removal of MugabeEcstatic ZIMBABWEANS FLOOD HARARE to celebrate expected Mugabe downfall

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+