GOP Tax Reform Bill Projected To Raise Taxes For Many Working-Class Americans
Tuesday, 7 November 2017 Millions 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...
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.com •Newsmax
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