Republicans are on the verge of passing their desperately-sought tax overhaul through Congress. The bill dramatically cuts taxes for corporations, doubles the standard deduction, repeal Obamacare’s individual mandate and rolls back the estate tax. It is projected to cut taxes for most Americans in the short term, though the biggest benefits will accrue to corporations and people with higher incomes.
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December 18, 2018
The GOP tax bill only gave workers 2 cents more per hour in bonuses
US companies got about $54 billion.
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May 3, 2018
Why Marco Rubio keeps attacking the tax bill he voted into law
The full transcript of Rubio’s tax policy remarks in an interview with the Economist are telling.
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April 12, 2018
Tax reform: here’s when the new Republican law takes effect
Most people will see changes in their returns next year.
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March 22, 2018
Corporate stock buybacks are booming, thanks to the Republican tax cuts
Republicans said their tax bill would go to workers. Instead, it’s going to Wall Street.
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December 22, 2017
The real cost of the Republican tax bill
Is Trump’s IRS really going to tighten the screws on giant new loopholes?
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December 22, 2017
How Republicans misled the American public on their tax bill
From misleading statements to downright lies: three ways Republicans broke commitments on their tax bill.
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December 22, 2017
4 winners and 4 losers from the Republican tax bill
Winners: tax accountants, Donald Trump, and corporate America.
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December 21, 2017
Republicans are preventing their tax bill from triggering a $25 billion cut to Medicare
Unless Congress acts, the CBO says this bill will cause a sequestration.
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December 21, 2017
7 ways rich people can game the Republican tax plan, explained by a tax expert
For many, the 37 percent top rate is just an opening bid.
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December 20, 2017
Republicans have finally repealed a crucial piece of Obamacare
Repealing the mandate means millions more uninsured and higher premiums.
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December 20, 2017
Top Republicans are already talking about cutting Medicare and Social Security next
The idea of cutting popular programs in an election year has vulnerable Republicans asking, why not infrastructure?
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December 20, 2017
The Republican tax bill is a disaster for income inequality
The tax plan was already unequal. The version Trump will sign into law is even more so.
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December 20, 2017
Key senators sold their votes on the tax bill for some high-risk deals
There’s no guarantee House Republicans will go along with the deals Susan Collins and Jeff Flake struck in the Senate.
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December 19, 2017
Wells Fargo cheated millions of customers. The Republican tax bill is about to hand it a big win.
In 2018, Wells Fargo could get the best tax deal of all the big banks.
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December 19, 2017
The tax bill is a giant permission slip for shipping profits overseas
We tried one part of the GOP tax bill in 2004. It was a huge failure.
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December 19, 2017
House passes tax bill, bringing it one step closer to Trump’s desk
On to the Senate. Then to Trump’s desk.
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December 19, 2017
What did and didn’t make it into the final GOP tax bill
Student loan deductions are still in the Republican tax bill. So is the carried interest loophole hedge funds love.
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December 18, 2017
The controversial, last-minute tax provision that personally benefits Donald Trump, explained
Republicans keep saying their tax bill helps job creators. This kickback to real estate investors does the opposite.
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December 18, 2017
The Republican tax bill that could actually become law, explained
It could pass as early as this week.
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December 18, 2017
The Republican tax bill got worse: now the top 1% gets 83% of the gains
In its last year, the bill raises taxes on more than 53 percent of Americans.
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December 18, 2017
Why Trump's tax cuts won’t be repealed
It's rare to see major legislation seesaw like that.
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December 18, 2017
The Republican tax bill is an American betrayal
The American people voted for populism. They got plutocracy.
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December 15, 2017
The Republican tax bill saves grad students' tuition benefits
It preserves the exclusion for graduate tuition waivers.