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By PBS NewsHour
Republicans are racing to keep their promise of sending a final tax overhaul bill to the White House by Christmas. On Wednesday GOP lawmakers announced they reached a compromise in principle to bridge the House and Senate bills. But with…
By Paul Solman
The corporate tax rate is set to drop 14 percent under the new tax bill. Will big businesses invest more in American plants and factories? What will it mean for American workers? Economics correspondent Paul Solman breaks down the numbers.
By Associated Press
The legislation, which is still being finalized, would cut the top tax rate for the wealthy from 39.6 percent to 37 percent, slash the corporate income tax rate from 35 percent to 21 percent and allow homeowners to deduct interest…
Republicans are poised to work out their differences on the tax overhaul bill, a major piece of legislation that could affect work, health care, education, charity and other facets of American life. How does it affect you? We received an…
Speaking in the grand foyer of the White House, Trump says he's just days away from delivering on a promise to provide "a massive tax cut for the everyday, working Americans who are the backbone and heartbeat of our country."…
By PBS NewsHour, Frank Carlson
Four years ago, businesses in Kansas went from paying over 6 percent taxes to paying nothing at all, as part of a Republican experiment to boost the limp state economy. But when the massive drop in tax revenue destabilized the…
By Lisa Desjardins
Republicans hope to pass a massive tax overhaul through Congress by Christmas. But significant confusion still remains over precisely what the Republican approach would mean for American individuals and businesses.
The House and Senate are getting to work on reconciling the differences between their tax plans. How will the provisions proposed by Congress affect middle- and lower-income taxpayers? Miles O’Brien gets analysis from Lisa Desjardins, Veronique de Rugy of George…
Winning over holdouts like Sen. Jeff Flake, Majority Leader Mitch McConnell told reporters that Republicans had the votes to pass their tax bill, which could affect the U.S. for at least a decade. But as the clock ticked down, the…
Senate Republicans are running back to the drawing board on their tax overhaul after the Senate parliamentarian ruled that a deficit trigger wouldn’t pass muster. That followed a day of meaty, substantive debate on the matter, during which Republicans seemed…
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