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Analysis: The Senate tax bill"s $250 billion problem

Let’s talk about the corporate alternative minimum tax. A massive corporate tax cut is the Republican tax overhaul’s entire reason for being......»»

Category: topSource: moneycentralDec 7th, 2017

Treasury analysis asserts GOP tax plan would be paid for

With just days to go before House and Senate Republicans want to vote on a final tax bill, the Treasury Department issued a one-page memo outlining its views on the economic growth prospects of the Senate-passed version of the bill......»»

Category: topSource: cnnDec 11th, 2017

Treasury analysis asserts GOP tax plan pays for itself

With just days to go before House and Senate Republicans want to vote on a final tax bill, the Treasury Department issued a one-page memo outlining its views on the economic growth prospects of the Senate-passed version of the bill......»»

Category: topSource: cnnDec 11th, 2017

The Senate tax bill’s $250 billion problem

Let’s talk about the corporate alternative minimum tax. A massive corporate tax cut is the Republican tax overhaul’s entire reason for being......»»

Category: topSource: moneycentralDec 7th, 2017

Citi is dropping after warning the Senate GOP tax bill could cost it $20 billion (C)

Markets Insider Citigroup fell 1.4% Wednesday after CFO John Gerspach warned at an investor conference that the GOP's Senate tax bill could cost the bank $20 billion.  The hit would stem from Citi writing down deferred tax assets, a charg.....»»

Category: topSource: businessinsiderDec 6th, 2017

Top Senate Democrat seeks broader inquiry into Treasury"s missing tax analysis

A top Democrat wants to know what happened to an analysis of the Republican tax reform bill that was repeatedly promised by Treasury Secretary Steven Mnuchin......»»

Category: topSource: cnnDec 6th, 2017

In One Chart: This is who gets the biggest tax cuts under the Senate’s bill

The bill that passed the Senate early Saturday would cut taxes on average for all income groups in 2019 and 2025, according to a new analysis, but it’s the upper percentiles of the income distribution that stand to gain the most......»»

Category: topSource: marketwatchDec 5th, 2017

Republicans are still making a huge claim about the tax bill that every independent analysis rejects

Chip Somodevilla/Getty Images Mitch McConnell said Saturday that the Senate tax bill is a .....»»

Category: topSource: businessinsiderDec 4th, 2017

Senate Bill Nearly Killed By Deficit Hawks: Will Include $350 Billion In New Tax Hikes

Following a report from the Joint Committee on T.....»»

Category: blogSource: zerohedgeNov 30th, 2017

The government scorekeeper says the GOP tax bill would fall short of Republicans" promises

Getty Images/Pool The Joint Committee on Taxation released an analysis of the economic effect of Senate Republicans' tax bill on Thursday. The JCT estimated the bill would increase US gross domestic product by 0.8% above the curr.....»»

Category: topSource: businessinsiderNov 30th, 2017

Senate tax bill would add $1 trillion to deficits

The nonpartisan Joint Committee on Taxation estimates the Senate tax bill could generate enough growth to create nearly $408 billion in new revenue over a decade. But the bill overall would still add $1 trillion to deficits......»»

Category: topSource: cnnNov 30th, 2017

The Latest: Analysis says tax bill would add $1T to deficit

The Latest on Senate Republicans' tax overhaul bill (all times local): 11:01 a.m......»»

Category: topSource: foxnewsNov 30th, 2017

Tax cuts would not pay for themselves, new Congressional estimate finds

The Senate's version of the tax cut bill would generate an additional $407.5 billion in revenue over a decade through economic growth -- not nearly enough to compensate for its $1.41 trillion cost, the J.....»»

Category: topSource: marketwatchNov 30th, 2017

Here"s who would be the winners and losers under the latest Senate Republican tax bill

A Joint Committee on Taxation analysis of the Senate GOP tax bill leaked late Wednesday. The report showed that in 2019, 8.1% of people would .....»»

Category: topSource: businessinsiderNov 30th, 2017

Analysis: The 5 big problems in the Senate GOP"s tax bill

“I don’t understand why they didn’t just do a corporate tax cut plus a really attractive middle-class tax cut.” .....»»

Category: topSource: moneycentralNov 28th, 2017

Federal defense bill set to strengthen Hawaii"s security and economy

Hawaii is set to benefit from a $700 billion federal defense bill that passed the U.S. Senate on Thursday. The National Defense Authorization Act, which will now head to the desk of President Donald Trump, will strengthen Hawaii's security and e.....»»

Category: topSource: bizjournalsNov 16th, 2017

Lower-income earners face tax increases under revised Senate bill, new congressional analysis says

Lower-income earners face tax increases under revised Senate bill, new congressional analysis says.....»»

Category: topSource: latimesNov 16th, 2017

The Senate tax bill could lead to tax increases on people making $75,000 or less — while the wealthy get a tax cut

Chip Somodevilla/Getty Images The Joint Committee on Taxation released a new analysis of the Senate Republican tax bill on Thursday. The analysis showed that in 2019, households of all incomes.....»»

Category: topSource: businessinsiderNov 16th, 2017

Guest opinion: Road relief is coming, we cannot go backward

Californians are on the cusp of relief from potholed and congested roads thanks to Senate Bill 1, the Road Repair and Accountability Act. Under SB1, signed by Gov. Brown earlier this year, the state will invest $54 billion over the next decade to fix .....»»

Category: topSource: bizjournalsNov 9th, 2017

Disaster Relief Bill Passed Through Senate, Despite 16 Republicans Voting No

The bill would provide $36.5 billion to aid communities affected by the aftermath of Hurricane Maria in Puerto Rico and wildfires in Northern California......»»

Category: topSource: newsweekOct 23rd, 2017

Republicans have a $700 billion problem that could make their new tax plan nearly impossible

Getty Images/Pool President Donald Trump and Republicans have a big math problem with their attempt to overhaul the nation's tax code. According to analysis of the tax-.....»»

Category: topSource: businessinsiderSep 28th, 2017