Sentences with phrase «republican tax efforts»

Not exact matches

Citadel's Ken Griffin tells CNBC that Republican efforts to cut back taxes may be going a bit too far.

While last week's budget vote cleared the way to begin the tax reform effort, 20 Republicans voted against it, citing issues with the elimination of state and local tax deductions and a massive expansion of the federal deficit.

It will be a long week in Washington with a lot of moving parts that could overshadow the tax reform effort, which Republicans hope will be the first major legislative win since Trump took office.

Struggling with mobility over a year after a Amyotrophic Lateral Sclerosis (ALS) diagnosis, the community activist brought his wife and 1-1/2 - year old son to Washington, DC for a last - ditch effort to stop the Republican tax bill.

Lowe's outperformed the market in late 2017 as hurricanes Harvey and Irma propelled spending on home repairs, while Republican efforts around tax reform likely drove a larger leg up.

But upping the ante on Keystone and trying to present a united Democratic front opposed to a compact Republican front wouldn't fit very well with President Obama's current effort to strike a more conciliatory tone and promote across - the - aisle cooperation on tax reforms and deficit reduction.

WASHINGTON, Nov 8 - A U.S. Senate tax - cut bill, differing from one in the House of Representatives, was expected to be unveiled on Thursday, complicating a Republican tax overhaul push and increasing skepticism on Wall Street about the effort.

Republican Senator Arthur Vandenberg put together a famous bipartisan effort with President Franklin D. Roosevelt's administration that successfully created tax breaks for companies that implemented profit sharing for many years.

President Donald Trump on Friday signed into law a massive $ 1.5 trillion tax bill, capping off a yearlong effort by the White House and Republicans in Congress to slash tax rates for both corporations and individuals.

House Speaker Paul D. Ryan of Wisconsin is among the Republicans from outside California who have contributed to the campaign to repeal the state's gas - tax increase, showing the effort has national interest from GOP leaders who see it as a way to boost their party's chances in the Golden State for this year's election.

Senate Republicans are forging their own path on the effort to overhaul the U.S. tax code, offering a plan Thursday that would delay an immediate corporate tax cut President Trump has demanded and blow up House Republicans» carefully crafted compromise on a controversial tax deduction.

House Republicans on Thursday released the Tax Cuts and Jobs Act, kicking off a new, more public phase of their effort to rewrite the nation's tax coTax Cuts and Jobs Act, kicking off a new, more public phase of their effort to rewrite the nation's tax cotax code.

More coverage on Republican efforts to overhaul the tax code is here.

A number of Republican House members insisted on only a partial repeal in the House bill, but the Senate has gone for a full repeal in an effort to raise more money to pay for tax cuts elsewhere.

Lew said that while the Obama administration has failed in its efforts to get tax reform through Congress, he believes the unhappiness expressed by both Democrats and Republicans following Europe's announcement on Tuesday could push Congress to act.

In a speech to the state Business Council's annual meeting in Bolton Landing on Friday morning, Cuomo relied heavily on touting his record on the state budget as well as his efforts to combat property taxes while also taking some veiled swipes at his Republican opponent, Rob Astorino.

Cuomo and Senate Republicans have largely been aligned on the issue of tax increases, with both generally opposing efforts to do so.

Republican Senate Majority Leader John Flanagan in a statement to Capital Tonight said he has «grave concern» over the federal proposal to eliminate state and local tax deductions as part of a broader effort to cut taxes.

Word of the Week: «Consistent» How Mayor Bill de Blasio described Republican priorities: «A consistent effort to cut support for working people, and use those resources to give tax cuts to the wealthy and to corporations.»

With the GOP in control of the House, Log Cabin Republicans has said it would push for the legislation and has maintained it has a shot at passage because it relates to lowering taxes, an effort that Republicans traditionally favor.

Republicans and three Democrats on the committe failed in their efforts to remove any of the tax increases.

Major portions of the Senate Republican health bill — including an effort by Reps. Chris Collins and John Faso to reduce county property taxes — likely will end up on the cutting room floor, thanks to a ruling by the Senate parliamentarian.

The launch comes as Vice President Mike Pence is in western New York later on Tuesday to push for the tax overhaul efforts with Republican Rep. Chris Collins.

«He will be a tremendous asset to the Party in our efforts to assist Republican candidates throughout New York as we strive to stop the Democrats» tax machine this November.»

The effort seems to have zeroed in on Republican members who voted in favor of the federal tax overhaul.

Donovan, a solidly Republican politician, has parted ways with Trump on some issues, most notably the tax bill due to the substantial limitation on deducting state and local taxes and the effort to substantially gut Obamacare.

«Unfortunately, the Tea Party - controlled Republican Congress is making every effort to turn back the clock on decades of labor achievements in favor of tax breaks for corporations and the wealthiest one percent of Americans.

But Molinaro took issue with Cuomo's lobbying effort against the tax bill, which has included harsh words for Republican members of Congress — five of the state's nine GOP members — who voted for it.

Cuomo is taking issue with the Republican - backed plans to eliminate or cap the deduction of state and local taxes, as well as efforts to scale back the reach of the Affordable Care Act.

Gov. Andrew Cuomo criticized on Wednesday Republican House members from New York who have supported broad changes to the Affordable Care Act, potential cuts that would impact hospitals and tax reform efforts as «reprehensible.»

Does Republican congressional candidate Dan Donovan support congressional Republican efforts to block the use of social security retirement taxes to fund social security disability payments?

Soto highlighted his efforts to help with hurricane relief in both Florida and Puerto Rico, and a whole host of progressive policies from supporting labor unions to supporting the gay community, from advocating to reinstate the assault weapons ban to sponsorship of a sexual harassment bill, and from opposing the Republican tax reform bill, to opposing President Donald Trump «s wall.

Rep. Brian Higgins, a Buffalo Democrat, said Republicans such as Reed and Collins — who successfully fought for a House compromise that trimmed the SALT deduction but didn't end it — should now reconsider their support for the GOP tax reform effort in light of the Senate proposal.

Republicans argue their plan would also increase the standard deduction and reduce business taxes in an effort to spur the economy.

Efforts to discuss the tax issue with Democrats and Republicans in key races on Monday were unsuccessful.

As the pro-millionaire's tax forces make a last - ditch effort to get the governor and Senate Republicans to agree to the Assembly Democrats» proposal for a «true» PIT increase on the state's wealthiest residents, NYSUT is forwarding around data on how senators» constituents would be impacted.

But the governor — who teasingly sidestepped chants that he run for president — did not mention President Donald Trump's name, choosing instead to lambaste Republicans in Congress for efforts to repeal and replace the Affordable Care Act and end state and local deductions on the federal income tax.

Senate Republicans remain opposed to the DREAM Act and rebuffed an effort to link the measure to a property - tax relief program.

«I know he will continue to be supportive of the efforts of the Senate Republican Conference as we continue our fight to reduce taxes, create jobs and provide greater opportunities for all New Yorkers.»

Confident they've found the votes to pass a massive tax overhaul, Republican lawmakers have entered the next phase of their effort: attempting to sell the plan to a public that polling suggests is deeply skeptical.

Republican Rep. John Faso in a radio interview Tuesday said he remains opposed to the effort to overhaul the nation's taxes unless deductions of state and local taxes are allowed.

The measure could have saved Walmart millions, so Moreland's investigators wanted to see whether the retail giant's lobbying efforts had influenced Republican enthusiasm for the tax break.

The $ 2 billion tax increase follows months of efforts by Assembly Democrats to hike taxes on the wealthy despite promises by Cuomo, also a Democrat, and the Senate's Republican majority that they'd block any increases in one of the nation's most heavily taxed states.

Republicans from New York are split on the tax reform bill over the efforts to cap or outright end deductibility of state and local taxes.

President Trump said he would oppose any effort to reduce the amount of pretax income that American workers can save in 401 (k) retirement accounts, effectively killing an idea that Republicans were mulling as a way to help pay for a $ 1.5 trillion tax cut.

A Republican aligned advocacy group has in recent days bolstered its efforts in New York congressional districts to promote the push for tax reform in Washington.

The U.S. Senate approved the Republican - backed budget last night, a major step forward for the GOP effort to enact tax cuts.

«This is John Faso's M.O — stand by while his fellow Republicans raise income and property taxes on his constituents, and then try to undermined efforts to protect New Yorkers from these vicious hikes,» he said.

Under narrow Republican control, the chamber has forced Democrats to compromise on key issues like the minimum wage and taxes, while also stymying efforts to make it easier to vote and bar a woman from having a seat at the budget negotiating table.

The U.S. economy expanded at a 3 percent annualized rate between July and September, advancing President Trump's goal of faster economic growth and potentially providing a tail wind to Republican efforts to overhaul the tax code.