Trump, tax cut and Republicans
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The “Super Bowl of tax” formally kicked off last night as House GOP tax writers unveiled their long-anticipated bill to extend Trump’s 2017 tax cuts.
The allegation comes the day before the state Supreme Court hears arguments on whether the city can sell water assets.
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mlive on MSNHere’s where the first $600K in tax money is going to benefit Washtenaw County seniorsIt is the first time the Washtenaw County board has approved spending funds raised through new taxpayer dollars to benefit people 60 or older.
The tax plan is touching off the biggest political debate over taxes, spending and the nation’s priorities in nearly a decade.
The reconciliation text being considered by the House Ways and Means Committee includes $15 million for the IRS to study how to give Americans free ways to file their taxes that would replace both the Free File and Direct File programs.
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A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of nonprofits that it says support terrorism, creating what some nonprofits say is an arbitrary standard to financially punish charities that advocate for issues that don’t align with his agenda.
In addition to raising the endowment tax rate for the richest schools to as much as 21%, the bill hits schools with heavy foreign student enrollment.