Profit And Cost - Personal Taxes

Personal Taxes

Senate bill to unwrap with tax cuts, end to local deduction

Nov 9, 2017

The Senate version of the Republicans' high-stakes tax overhaul is set to be unveiled with billions in tax cuts for people and corporations and repeal of the federal deduction for state and local taxes.

The Latest: Budget office warns of uninsured Americans

Nov 8, 2017

Congress' budget experts are projecting that repealing the requirement that people buy health coverage would mean 4 million additional uninsured people by 2019 and 13 million more by 2027

Changes to House tax bill on child care benefits, credits

Nov 7, 2017

The House's tax-writing committee has revised provisions on child care benefits and credits for working Americans in the GOP tax overhaul

Analysis finds wealthy benefits under House GOP tax bill

Nov 6, 2017

A nonpartisan analysis finds that the wealthiest Americans would benefit from the largest tax cuts under the House Republican overhaul

House GOP revises tax bill, makes it less generous

Nov 3, 2017

House GOP revises tax bill, makes it less generous for many Americans

House GOP to keep income tax rate for wealthiest earners

Nov 1, 2017

House Republicans are working furiously working to finish a tax bill. And they've now decided to keep the income tax rate for the wealthiest earners.

Trump predicts passage of tax plan by Christmas

Oct 31, 2017

President Donald Trump is predicting that he will sign his tax overhaul by Christmas in the "biggest tax event in the history of our country."

House backs $4T budget, faces challenges on Trump tax plan

Oct 26, 2017

Republicans powered a $4 trillion budget through the House on Thursday, but only by a razor-thin margin that underscored the difficulties ahead on delivering President Donald Trump's promise to cuts taxes

The Latest: White House praises GOP budget passage by House

Oct 26, 2017

The White House is praising the House passage of a budget as a necessary step for a tax overhaul

Trump, GOP at odds over using 401(k)s to pay for tax cuts

Oct 26, 2017

Trump, GOP at odds over using 401(k)s to pay for tax cuts