Month: December 2017

LA Times: GOP leaders reach tax deal, cutting corporate rate to 21% and top individual rate to 37%

Republican leaders on Wednesday agreed on a revised plan to cut taxes that would lower the corporate rate from 35% to 21% and drop the top individual rate for the richest Americans to 37%, according to GOP senators and others briefed on the deal. House and Senate lawmakers met Wednesday on a conference committee to …

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Washington Examiner: GOP touts tax bill at pro forma conference meeting: ‘Our once-in-a-generation opportunity’

Republicans touted their tax reform plans at a perfunctory joint House-Senate conference committee meeting Wednesday afternoon, as Democrats thundered against the bill and decried the uselessness of the event. Democrats tried to slow the GOP bill’s advancement via amendment. Rep. Richard Neal of Massachusetts, for instance, tried to offer an amendment to postpone the conference …

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SAEN: S.A. congressman becomes leading Democratic critic of tax bills

On MSNBC this week, Lloyd Doggett sounded a tone of resignation while trying to puncture the seeming inevitability of Republicans’ legislation to overhaul the American tax system. “I view the bill as a giant political life preserver for Republicans who’ve been unable to get anything else done this year and haven’t given a lot of …

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