Republicans dropped a slew of changes to their tax bill on Monday — here's...
The House Ways and Means committee began their markup of the GOP's Tax Cuts and Jobs Act on Monday.Ways and Means chair Kevin Brady released an amendment including a slew of changes to the bill.The new...
View ArticleTop GOP congressman: My donors told me to pass the Republican tax bill or...
Rep. Chris Collins, a New York Republican, said donors have told him to pass the GOP tax bill or "don't ever call" them again.The bill is being marked up in the House Ways and Means Committee, and GOP...
View ArticleROUND 2: Senate Republicans will release their own tax bill on Thursday with...
The Senate Republican tax bill is expected to be released on Thursday.The bill will likely have key differences from the House version of the bill.Congressional Republicans are set to release another...
View ArticleTop senator says Trump told Democrats on a call that 'rich people get hurt'...
President Donald Trump told Democrats that "rich people get hurt" by the Republican tax bill, according to Democratic Sen. Sherrod Brown.That statement conflicts with virtually every analysis of the...
View ArticleHouse Republicans suddenly have a massive problem with their tax bill
House Republicans made changes to a proposed excise tax on multinational companies in the Tax Cuts and Jobs Act with an amendment on Monday.The Join Committee of Taxation found that by weakening the...
View ArticleHouse tax bill hearing explodes as Democrat tells GOP member 'we'll settle...
The House Ways and Means Committee moved into its third day of markup on the GOP tax bill, the Tax Cuts and Jobs Act.Republican Devin Nunes blocked an amendment from Democrat Bill Pascrell of New...
View ArticleGARY COHN: 'I'm really not upset' the wealthy might get a tax cut
Gary Cohn, the White House's chief economic advisor, said in late September that the wealthy are not getting a tax cut under the proposed GOP plan.In an interview with CNBC on Thursday, Cohn softened...
View ArticleWe finally got an answer on one of the House GOP tax plan's biggest questions
The House GOP tax bill is set to be approved by the Ways and Means Committee on Thursday.A lingering question had remained over whether state and local taxes could still be deducted by "pass-through"...
View ArticleTHE BOTTOM LINE: The Trump trade, Tesla's big problem, and a chat with...
This week:Business Insider executive editor Sara Silverstein talks about the stock market's rally one year into President Donald Trump's term. She finds that despite Trump's constant attempts to take...
View ArticleThe group that represents America's small businesses reverses its position on...
The NFIB reversed its position on the House Republican tax reform bill on Thursday, saying it supports newly proposed changes.Last week, the group slammed the bill shortly after it was unveiled, saying...
View ArticleREVEALED: Senate Republicans just unveiled their enormous tax bill — and it...
Senate Republicans rolled out their giant tax reform bill on Thursday.The bill is expected to contain large differences from the House's Tax Cuts and Jobs Act.Senate Republicans leaders debuted their...
View ArticleThe House GOP tax bill just cleared a huge hurdle
The House Ways and Means committee approved the GOP tax bill, the Tax Cuts and Jobs Act.The bill now moves to the full House floor for a vote, possibly next week.The move keeps the Republican timeline...
View ArticleRepublican Senators fire warnings shots about the new Senate GOP tax bill
Senate Republicans released their version of the GOP tax reform bill, the Tax Cuts and Jobs Act.Sens. Jeff Flake, Marco Rubio, and Mike Lee expressed concerns about the amount of debt that could be...
View ArticleThe bond chief at a $5.7 trillion firm says tax reform is the biggest story...
Business Insider executive editor Sara Silverstein talks to Jeff Rosenberg, chief fixed-income strategist at BlackRock, about tax reform, which he views as the most important market driver going...
View ArticleThe giant Senate tax bill barely squeaked by a critical test
Senate Republicans released their version of the Tax Cuts and Jobs Act on Thursday.The Joint Committee on Taxation found that the tax bill would add $1.4957 trillion to the national debt, coming in...
View ArticleThe stunning allegations against Roy Moore could throw the GOP's tax cut push...
A woman told The Washington Post that Republican Alabama Senate candidate Roy Moore initiated a sexual encounter when she was 14 years old and he was 32 years old.Not only do these allegations call in...
View ArticleHow your tax bracket could change in 2018 under Trump's tax plan, in 2 charts
There could be new tax brackets in 2018 if tax legislation is enacted under President Donald Trump.The House Republicans' tax bill proposes reducing the current seven tax brackets to four. The Senate...
View ArticlePaul Ryan and Mitch McConnell are walking back a big promise about the GOP...
Both House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell claimed that their respective tax plans would lead to a tax cut for every middle-class family.Independent analyses have cast...
View ArticlePaul Ryan, McConnell, and Trump are on a collision course over the competing...
Both Senate and House Republicans have rolled out their versions of a tax reform bill, named the Tax Cuts and Jobs Act.There are substantial differences between the two bills — and then there are...
View ArticleThe GOP tax plan could eliminate a key advantage of owning a home
The Senate tax plan eliminates the state and local tax deduction (SALT) which also allows people to make itemized deductions for property taxes.That would raise the tax burden on existing homeowners...
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