Global  Video

“The world's speediest news portal”
One News Page
> >

GOP Tax Reform Bill Projected To Raise Taxes For Many Working-Class Americans

WorldNews Tuesday, 7 November 2017
GOP Tax Reform Bill Projected To Raise Taxes For Many Working-Class AmericansMillions of middle-class Americans could be facing higher taxes by 2023 under a Republican attempt to overhaul the U.S. tax code, according to a nonpartisan congressional official on Monday. The Washington Post reported that Thomas A. Barthold, chief of staff of the Joint Committee on Taxation, said up to 38 million Americans with annual incomes ranging from $20,000 and $40,000 would, on average, see a tax increase starting in 2023 under the current House GOP plan. Barthold spoke during a House Ways and Means Committee debate on the Tax Cuts and Jobs Act, the last push for a legislative win for the Republicans before the end of the year that hopes to deliver a $1.5 trillion tax cut to...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: CBS 4 WCCO Minnesota - < > Embed
News video: GOP Tax Reform Bill Expected To Pass In The House

▶ GOP Tax Reform Bill Expected To Pass In The House 01:03

Democrats say the bill will just make the rich wealthier (1:03). WCCO This Morning – Nov. 16, 2017

You Might Like


Recent related news

Georgia House to take up tax relief based on federal reforms

Legislation introduced into the state House of Representatives Tuesday on behalf of Gov. Nathan Deal would offer Georgians tax relief based on estimates of how...
bizjournals - BusinessAlso reported by •FOXNews.comNewsmax

United States: Enactment Update: 2017 Tax Reform Bill Individual Effects - Breazeale, Sachse, & Wilson, LLP

On December 22, 2017, President Trump signed the Tax Cut and Jobs Act into law. The comprehensive tax reform bill proposes a lower tax rate for nearly everyone.
Mondaq - Legal

What Triangle accounting execs are saying about the tax reform bill (Slideshow)

With the recent passage of the tax reform bill that represents the most significant tax changes in the U.S. in more than 30 years, Triangle Business Journal...
bizjournals - BusinessAlso reported by •PRWeb

More details on New York tax code changes could come next week

How Gov. Andrew Cuomo plans to restructure New York's tax code could become more concrete next week. Restructuring the tax code is an attempt to alleviate some...
bizjournals - Business

Insurers Could See “Windfall Profit” from Tax Cut but Argue against Lower Rates

- Insurance companies in the United States are expected to benefit from a reduced corporate tax rate, which fell to 21 percent from 35 percent on January 1,...
Car and Driver - Automotive

Bill Murray calls GOP tax cuts 'fantastic,' chides daily 'clash of clans'

Iconic actor and comedian Bill Murray praised the GOP tax cuts on Friday, calling it a “great thing for corporations,” while acknowledging an era of divisive...
FOXNews.com - Entertainment

Peapack-Gladstone Financial Corporation Announces Enhancements in Light of Tax Reform Benefits

BEDMINSTER, NJ, Feb. 08, 2018 (GLOBE NEWSWIRE) --Peapack-Gladstone Financial Corporation (*NASDAQ Global Select Market: PGC*) announced that as a result of the...
GlobeNewswire - Press Releases

Here’s what Mass. companies are doing with money from the tax cut

Across the country, companies have come out with announcements over the past month describing plans for what they’ll do with the extra money resulting from the...
bizjournals - Business


Tweets about this


Other recent news in Front Page

Mueller grand jury indicts RUSSIANS for election meddlingCalif. man created fake bank accounts, sold them to Russians, MUELLER probe finds
After Russian indictments, Trump acknowledges Russia’s ELECTION MEDDLING but insists: ‘No collusion!’RUSSIAN operators used PayPal to buy Facebook ads, Mueller probe finds
MEXICO earthquake: Strong tremor hits Oaxaca stateMitt ROMNEY Officially Announces Utah Senate Run
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 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+