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Articles written by Marcy Gordon & Andrew Taylor

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House GOP scrambles to finalize tax bill despite opposition

WASHINGTON (AP) — House Republicans on Wednesday scrambled to finalize the first major tax overhaul in three decades amid opposition from GOP lawmakers fearful about constituents losing a cherished deduction for state and local taxes. Top...

 

Trump promises tax cuts as Senate GOP paves way with budget

WASHINGTON (AP) — President Donald Trump promised tax cuts Friday "which will be the biggest in the history of our country" following Senate passage of a $4 trillion budget that lays the groundwork for Republicans' promised tax legislation....

 

Trump plan promises huge tax cuts, but big questions remain

WASHINGTON (AP) — Promising big tax cuts and a booming economy, President Donald Trump and congressional Republicans unveiled the first major revamp of the nation's tax code in a generation Wednesday — a sweeping, nearly $6 trillion tax cut that...

 

Trump, GOP weigh surtax on wealthy, doubled deduction

WASHINGTON (AP) — President Donald Trump and congressional Republicans are considering an income tax surcharge on the wealthy and doubling the standard deduction given to most Americans, with the GOP under pressure to overhaul the tax code after...

 

Senate GOP struggles with deficit in work on budget, taxes

WASHINGTON (AP) — Senate Republicans are struggling with how many billions of dollars President Donald Trump's tax code overhaul will add to the deficit as they work on a GOP budget plan that's a prerequisite to any far-reaching change in the...

 

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