Tax reform

FILE - In this June 30, 2018, file photo, U.S. Congressional candidate Tom Malinowski speaks during a rally against President Donald Trump at Clarence Dillon Public Library, not far from Trump National Golf Club, where Trump is staying this weekend, in Bedminster, N.J. One provision of the Republican tax overhaul looms large in several tight congressional races this fall. Malinowski said taxes are the top issue voters raise on the campaign trail. (AP Photo/Julio Cortez, File)
September 19, 2018 - 8:11 am
CHERRY HILL, N.J. (AP) — Congressman Leonard Lance voted last December with the interests of his northern New Jersey district in mind when he opposed his own party's sweeping tax overhaul. The cap on deductions for state and local taxes that was part of the Republican plan was bound to mean that...
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September 10, 2018 - 7:05 pm
WASHINGTON (AP) — House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress last year. They're aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. With midterm elections barely two...
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FILE- In this Nov. 1, 2012, file photo early morning traffic in New York's Brooklyn borough moves slowly beneath the Manhattan skyline. The Trump administration announced new rules Thursday, Aug. 23, 2018, aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. (AP Photo/Mark Lennihan)
August 24, 2018 - 8:53 pm
CHERRY HILL, N.J. (AP) — New rules unveiled by the IRS undermine some states' attempts to help residents keep a version of a popular federal income tax deduction. Last year's Republican tax overhaul put a $10,000 cap on deductions for state and local income taxes, which could affect some high-...
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FILE- In this May 20, 2015 file photo, Midtown Manhattan, including the Empire State Building, center, are seen from the observatory at One World Trade Center in New York. The Trump administration announced new rules Thursday, Aug. 23, 2018, aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. (AP Photo/Mark Lennihan, File)
August 23, 2018 - 9:14 pm
WASHINGTON (AP) — The Trump administration has laid down rules aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. The action under the new Republican tax law pits the government against high-tax, heavily Democratic states in an...
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Troy Balderson, Republican candidate for Ohio's 12th Congressional District, speaks to a crowd of supporters during an election night party Tuesday, Aug. 7, 2018, in Newark, Ohio. (AP Photo/Jay LaPrete)
August 08, 2018 - 6:02 pm
WASHINGTON (AP) — Republicans in many midterm election battlegrounds across the country are trying to maintain their congressional majorities by stoking certain voters' anxieties about liberal Democrats and their policies. It's a striking turn for a party that just eight months ago was hailing a...
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FILE- In this Dec. 22, 2017, file photo President Donald Trump signs into law a $1.5 trillion tax overhaul package in the Oval Office of the White House in Washington. New rules floated by the Trump administration lay out what kinds of businesses can take a 20 percent deduction against income taxes under the new tax law. With the proposed rules issued Wednesday, Aug. 8, 2018, the Treasury Department and the IRS had worked for six months to bring clarity to Congress' blueprint. (AP Photo/Evan Vucci, File)
August 08, 2018 - 5:41 pm
WASHINGTON (AP) — Architects and engineers are still in. Accountants, doctors and lawyers remain out — mostly. New rules floated by the Trump administration lay out what kinds of businesses can take a 20 percent deduction against income taxes under the new tax law. With the proposed rules issued...
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FILE - In this March 9, 2015 file photo, honoree Les Moonves, president and CEO of CBS Corporation, arrives at the 2015 Silver Circle Gala at the Beverly Wilshire Hotel in Beverly Hills, Calif. CBS will report second quarter earnings on Thursday, July 2, 2018, as turmoil swirls around the media company. It faces an investigation of its CEO and is in the middle of a lawsuit against its parent company as the all-important fall TV season approaches. (Photo by Chris Pizzello/Invision/AP, File)
August 02, 2018 - 6:04 pm
NEW YORK (AP) — CBS on Thursday reported a boost in second-quarter net income from the tax overhaul and higher fees from affiliates and subscribers, as turmoil swirls around the media company ahead of the important fall TV season. CEO Les Moonves is facing an investigation after the New Yorker...
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July 12, 2018 - 10:24 am
WASHINGTON (AP) — House Speaker Paul Ryan is crediting the GOP's tax plan with improving the U.S. economy, an argument that's central to the Republican pitch to voters ahead of the midterm election. In a speech Thursday to the Economic Club of Washington, D.C., Ryan says, "Tax reform is working. It...
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President Donald Trump with Sen. Dean Heller, R-Nev., speaks at a Nevada GOP Convention in Suncoast Hotel and Casino in Las Vegas, Saturday, June 23, 2018. (AP Photo/Manuel Balce Ceneta)
June 24, 2018 - 1:12 am
LAS VEGAS (AP) — The Latest on President Donald Trump's visit to Nevada (all times local): 2:30 p.m. President Donald Trump is promoting his administration's business policies, particularly tax cuts, during a roundtable on tax reform in Las Vegas. The "USA Open for Business" event follows Trump's...
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Greek Prime Minister Alexis Tsipras, right, and Finance Minister Euclid Tsakalotos attend a parliamentary session in Athens, on Thursday, June 14, 2018. The head of Greece's main opposition party Kyriakos Mitsotakis submitted a motion for a no-confidence vote in the government, objecting to a deal reached between the prime ministers of Greece and Macedonia to settle a decades-old dispute over Macedonia's name. (AP Photo/Petros Giannakouris)
June 14, 2018 - 2:10 pm
ATHENS, Greece (AP) — Greek lawmakers approved Thursday the last batch of economic reforms required by creditors, as the country approaches the end of its international bailout. Lawmakers in the 300-member parliament voted 154-144 to approve the bill, with two deputies not present. The legislation...
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