Tax reform

FILE - In this Nov. 15, 2017, file photo, President Donald Trump speaks in the Diplomatic Reception Room of the White House in Washington. Trump is expressing more doubts about a new policy allowing trophies of African elephants shot for sport to be imported. (AP Photo/Pablo Martinez Monsivais, File)
November 19, 2017 - 8:56 pm
WASHINGTON (AP) — President Donald Trump on Sunday expressed more doubts about a new policy allowing trophies of African elephants shot for sport to be imported, appearing to question whether "this horror show" would actually aid in the conservation of any animal. The trophy policy was among issues...
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FILE - In this Thursday, July 20, 2017, file photo, Budget Director Mick Mulvaney gestures as he speaks during the daily press briefing at the White House in Washington. Mulvaney and Treasury Secretary Steven Mnuchin sent mixed signals Sunday, Nov. 19, on the fate of a health care provision in the Senate version of a $1.5 trillion measure to overhaul business and personal income taxes that is expected to be voted on after Thanksgiving. "I don't think anybody doubts where the White House is on repealing and replacing Obamacare. We absolutely want to do it," Mulvaney said. (AP Photo/Pablo Martinez Monsivais, File)
November 19, 2017 - 3:45 pm
WASHINGTON (AP) — Two of President Donald Trump's leading economic advisers sent mixed signals Sunday on the fate of a health care provision in the Senate version of a $1.5 trillion measure to overhaul business and personal income taxes that is expected to be voted on after Thanksgiving. The...
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FILE - In this Thursday, Nov. 16, 2017 file photo, House Speaker Paul Ryan of Wis., joined by House Republicans, speaks to the media following a vote on tax reform, on Capitol Hill in Washington. A popular deduction targeted in the GOP’s overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise. (AP Photo/Jacquelyn Martin, File)
November 18, 2017 - 4:57 pm
ATLANTA (AP) — A popular deduction targeted in the GOP's overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise. The exact effect in every state isn't...
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President Donald Trump gives a thumbs up as he walks with Vice President Mike Pence as he departs Capitol Hill in Washington, Thursday, Nov. 16, 2017. Trump urged House Republicans Thursday to approve a near $1.5 trillion tax overhaul as the party prepared to drive the measure through the House. Across the Capitol, Democrats pointed to new numbers showing the Senate version of the plan would boost taxes on lower and middle-income Americans. (AP Photo/Susan Walsh)
November 18, 2017 - 12:09 pm
WASHINGTON (AP) — The ultra-wealthy, especially those with dynastic businesses — like President Donald Trump and his family — do very well under a major Republican tax bill moving in the Senate, as they do under legislation passed this week by the House. Want to toast the anticipated tax win with...
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FILE - In this Friday, Oct. 4, 2013, file photo, economist Arthur Laffer, known as the "father of supply-side economics" and who was an economic advisor to President Ronald Reagan, speaks to an executive committee meeting of the California Republican Party at their convention in Anaheim, Calif. In their effort to overhaul the U.S. tax code, President Donald Trump and congressional Republicans are betting that by slashing taxes on corporations and rich people, the money diverted from the U.S. Treasury will find its way into the pockets of ordinary Americans. “It will increase real wages and it will increase them substantially,’’ says Laffer. (AP Photo/Reed Saxon, File)
November 17, 2017 - 4:35 pm
WASHINGTON (AP) — Does money roll downhill? In their drive to cut taxes, President Donald Trump and congressional Republicans are betting it does. Behind their legislation is a theory long popular among conservatives: Slash taxes for corporations and rich people, who will then hire, invest and...
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President Donald Trump answers a question from the press about discussion of the tax bill, Thursday, Nov. 16, 2017, on Capitol Hill in Washington. Trump is at the Capitol for a pep rally with House Republicans, shortly before the chamber is expected to approve the tax bill over solid Democratic opposition. (AP Photo/Jacquelyn Martin)
November 17, 2017 - 6:34 am
WASHINGTON (AP) — The Latest on the Republican-pushed tax overhaul legislation (all times local): ___ 6:20 a.m. President Donald Trump says the Democrats could exert greater sway over the shape of tax overhaul legislation if they weren't focused wholly on defeating it. In a pre-dawn tweet Friday,...
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Jianpu Technology's co-founder & CEO Daqing Ye, center, waves to a gallery in the New York Stock Exchange as he waits for his company's IPO to begin trading, Thursday, Nov. 16, 2017. (AP Photo/Richard Drew)
November 17, 2017 - 4:30 am
HONG KONG (AP) — Asian shares were mostly higher but European shares fell Friday as healthy U.S. earnings and progress on President Donald Trump's tax reform plan weren't enough to sustain momentum in global markets. KEEPING SCORE: European shares were mostly lower in early trading. France's CAC 40...
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President Donald Trump gives a thumbs up as he walks with Vice President Mike Pence as he departs Capitol Hill in Washington, Thursday, Nov. 16, 2017. Trump urged House Republicans Thursday to approve a near $1.5 trillion tax overhaul as the party prepared to drive the measure through the House. Across the Capitol, Democrats pointed to new numbers showing the Senate version of the plan would boost taxes on lower and middle-income Americans. (AP Photo/Susan Walsh)
November 16, 2017 - 8:28 pm
WASHINGTON (AP) — The Latest on House consideration of the tax overhaul (all times local): 8:20 p.m. Vice President Mike Pence says "now the ball is in the Senate's court," after the House voted Thursday to approve a $1.5 trillion overhaul of the nation's tax code. At the Tax Foundation's 80th...
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Sen. Rob Portman, R-Ohio, a member of the Senate Finance Committee, joins Sen. Tim Scott, R-S.C., left, and Majority Leader Mitch McConnell, R-Ky., to talk about work on overhauling the nation's tax code, on Capitol Hill in Washington, Tuesday, Nov. 14, 2017. (AP Photo/J. Scott Applewhite)
November 15, 2017 - 9:53 pm
WASHINGTON (AP) — The Latest on the Republican tax overhaul legislation (all times local): 9:50 p.m. A new tax break for businesses that give their workers paid family leave has been put into the Senate Republican tax bill now moving toward approval. The proposal by Sen. Deb Fischer, R-Neb., was...
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November 15, 2017 - 6:02 pm
___ Republicans set stage for crucial tax overhaul votes WASHINGTON (AP) — A sweeping tax overhaul has cleared a procedural hurdle in the House. Lawmakers voted on Wednesday to approve the rule that sets the stage for a vote on passing the measure. That vote is expected Thursday. In the Senate,...
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