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News Dec. 5, 2017, 2:12 AM

Republicans are still making a huge claim about the tax bill that every independent analysis rejects

Mitch McConnell said Saturday that the Senate tax bill is a “revenue-neutral tax reform bill.” Every major analysis of the bill says that it would add at least $US1 trillion to the deficit. Republicans have not produced an analysis that shows the bill would be revenue neutral. On Saturday, Senate […]
Republicans are still making a huge claim about the tax bill that every independent analysis rejects
News Dec. 1, 2017, 8:29 AM

The US government scorekeeper says the tax bill would fall short of Republicans’ promises

The Joint Committee on Taxation released an analysis of Senate Republican tax bill’s economic impact. The JCT estimated the bill would increase US GDP by 0.8% above the current baseline over the first 10 years the bill is enacted. The JCT estimated the bill would add roughly $US1 trillion to […]
The US government scorekeeper says the tax bill would fall short of Republicans’ promises
News Dec. 1, 2017, 1:20 AM

Here’s who would be the winners and losers under the latest Senate Republican tax bill

A Joint Committee on Taxation analysis of the Senate GOP tax bill leaked late Wednesday. The report found that in 2019, 8.1% of Americans would see their taxes increase by at least $US100, while 61.7% would see a cut of at least $US100. In subsequent years, however, fewer people would […]
Here’s who would be the winners and losers under the latest Senate Republican tax bill
News Nov. 17, 2017, 3:43 AM

The Senate tax bill could lead to tax increases on people making $75,000 or less — while the wealthy get a tax cut

The Joint Committee on Taxation released a new...
The Senate tax bill could lead to tax increases on people making $75,000 or less  —  while the wealthy get a tax cut
News Nov. 14, 2017, 8:19 AM

Senate GOP tax bill would increase taxes for 16 million taxpayers in 2019, according to new analysis

The Joint Committee on...
Senate GOP tax bill would increase taxes for 16 million taxpayers in 2019, according to new analysis
News Nov. 11, 2017, 1:41 AM

The giant Senate tax bill barely squeaked by a critical test

Senate Republicans released their version...
The giant Senate tax bill barely squeaked by a critical test
News Nov. 9, 2017, 3:17 AM

House Republicans suddenly have a massive problem with their tax bill

House Republicans made changes to...
House Republicans suddenly have a massive problem with their tax bill
News Nov. 8, 2017, 8:27 AM

A new government report shows most Americans would get a tax cut under the GOP tax plan — but many would pay more

The Joint Committee on Taxation released a new...
A new government report shows most Americans would get a tax cut under the GOP tax plan  —  but many would pay more

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