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WASHINGTON – Senate Republicans have unveiled their version of President Donald Trump's big tax bill. Passing it will be easier said than done. The fractures that divided Senate Republicans ...
SALT problems . In 2017, when Republicans passed income tax cuts during Trump's first term, they set a $10,000 cap on state and local tax deductions (SALT) that impact people from high-tax ...
Senate tax bill proposals. ... One Big Beautiful Bill Act, the Senate GOP's proposed bill proposes several tax changes and policy shifts that could impact taxpayers for years to come.
U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act challenging the House version of the bill on several key tax measures.
Here’s what to know about those two key provisions: Medicaid Cuts. To pay for the extension of the 2017 tax cuts, the One Big Beautiful Bill Act makes broad cuts to Medicaid, the health ...
Prominent gambling tax analyst Russ Fox highlights how the Senate version of the bill would codify harmful gambling tax laws.
Bottom Line Up Front: The House and Senate have developed significantly different approaches to extending the 2017 Tax Cuts and Jobs Act (TCJA), with the House version costing approximately $4 ...
Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...
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