The act allows private developers limited access to tax - free bonds to pay for public buildings such as schools, using a provision of the 2001
federal tax cut bill.
Not exact matches
While Republican leaders argued it would, every major independent analysis of the
bill, known as the
Tax Cuts and Jobs Act, showed that it would grow the
federal debt over the next 10 years even when accounting for that increased growth.
According to a new report from the Joint Committee on Taxation, the House GOP
tax reform bill — the Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implement
tax reform
bill — the
Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implement
Tax Cuts and Jobs Act (TCJA)-- would increase the
federal deficit by $ 1.487 trillion over the 10 years after it is implemented.
The University of Pennsylvania's Wharton School model found that the current iteration of the Senate's
tax bill, called the Tax Cuts and Jobs Act, would decrease federal revenue and add to the national debt outside of a 10 - year wind
tax bill, called the
Tax Cuts and Jobs Act, would decrease federal revenue and add to the national debt outside of a 10 - year wind
Tax Cuts and Jobs Act, would decrease
federal revenue and add to the national debt outside of a 10 - year window.
It's still likely to result in a
bill that scales back
federal support for insurance coverage and overhauls Medicaid while
cutting taxes for the health care industry — but if any plan can pass the Senate, it's likely to look something like that.
House attributes the rosier U.S. outlook to
federal tax cuts, a massive US$ 300 - billion spending package and the possibility of an additional spending or infrastructure
bill.
The Committee for a Responsible
Federal Budget estimates that expiring the individual
tax cuts in the
bill hides between $ 570 billion and $ 725 billion of potential costs.
The Felder
bill would change the state's
tax law by basing personal income off the
federal IRC in effect on or before Dec. 1 — before Congress acted on its
tax cut legislation.
The two - year budget deal reached in Washington on Friday ensures no draconian
cuts in
federal aid to the state and city, undercuts arguments to raise some local
taxes and portends problems for Cuomo as he exaggerates the impact of Congress's
tax bill on New Yorkers.
Reinstating this
tax on buybacks would allow Governor Cuomo and the State Legislature to
tax some of the windfall profits companies are making off the
tax bill and protect New Yorkers from devastating
federal cuts to health care and education.»
The ad accuses Slaughter of a voting for a slew of
tax increases, including the so - called «cap and trade» emissions measure and trots out the frequent Republicant talking point that the 2010
federal health care
bill cuts $ 716 billion for Medicare, which is actually spread out over 10 years and targets subsidies to insurance companies.
Part of the nearly 500 - page
tax reform
bill includes a proposal to
cut by half the
federal excise
tax on craft beer.
But Republicans have insisted the
bill, which adds nearly $ 1.5 trillion to the
federal deficit, gives many if not most middle - class Americans a
tax cut at the same level as the 21 percent corporate benefit, boosting investment, job creation, higher wages and offsetting
tax revenues.
The state already is facing a projected deficit of at least $ 4.4 billion that could worsen as a result of the
tax bill and prior
federal health care
cuts.
He also charged the
federal tax bill under discussion «is basically hurting the economies of those (high -
tax) states to finance the
tax cut in other states.»
Democrats — including Assembly Speaker Carl Heastie and New York City Mayor
Bill de Blasio — say the uncertainty should prompt New York to raise
taxes on the rich to protect social programs from
federal cuts.
Letter from AAAS CEO Rush Holt to Deputy Attorney General Rod Rosenstein Regarding Fingerprint Reporting Guidelines [March 28, 2018] AAAS Statement on FY 2018 Omnibus
Bill Funds for Scientific Research [March 23, 2018] AAAS Statement on FY 2018 Omnibus Funding
Bill [March 22, 2018] AAAS CEO Rush Holt Statement on Death of Rep. Louise Slaughter [March 16, 2018] AAAS CEO Urges U.S. President and Congress to Lift Funding Restrictions on Gun Violence Research [March 13, 2018] AAAS Statements on Elections and Paper Ballots [March 9, 2018] AAAS Statement on President's 2019 Budget Plan [February 12, 2018] AAAS Statement on FY 2018 Budget Deal and Continuing Resolution [February 9, 2018] AAAS Statement on President Trump's State of the Union Address [January 30, 2018] AAAS Statement on Continuing Resolution Urges FY 2018 Final Omnibus
Bill [January 22, 2018] AAAS Statement on U.S. Government Shutdown [January 20, 2018] Community Statement to OMB on Science and Government [December 19, 2017] AAAS CEO Response to Media Report on Use of «Science - Based» at CDC [December 15, 2017] Letter from AAAS and the American Physical Society to Iranian President Hassan Rouhani Regarding Scientist Ahmadreza Djalali [December 15, 2017] Multisociety Letter Conference Graduate Student
Tax Provisions [December 7, 2017] Multisociety Letter Presses Senate to Preserve Higher Education
Tax Benefits [November 29, 2017] AAAS Multisociety Letter on
Tax Reform [November 15, 2017] AAAS Letter to U.S. House of Representatives Ways and Means Committee on
Tax Cuts and Jobs Act (H.R. 1)[November 7, 2017] AAAS Statement on Release of National Climate Assessment Report [November 3, 2017] AAAS Statement on EPA Science Adviser Boards [October 31, 2017] AAAS Statement on EPA Restricting Scientist Communication of Research Results [October 25, 2017] Statement of the Board of Directors of the American Association for the Advancement of Science on Scientific Freedom and Responsibility [October 18, 2017] Scientific Societies» Letter on President Trump's Visa and Immigration Proclamation [October 17, 2017] AAAS Statement on U.S. Withdrawal from UNESCO [October 12, 2017] AAAS Statement on White House Proclamation on Immigration and Visas [September 25, 2017] AAAS Statement from CEO Rush Holt on ARPA - E Reauthorization Act [September 8, 2017] AAAS Speaks Out Against Trump Administration Halt of Young Immigrant Program [September 6, 2017] AAAS Statement on Trump Administration Disbanding National Climate Assessment Advisory Committee [August 22, 2017] AAAS CEO Rush Holt Issues Statement On Death of Former Rep. Vern Ehlers [August 17, 2017] AAAS CEO Rush Holt and 15 Other Science Society Leaders Request Climate Science Meeting with EPA Administrator Scott Pruitt [July 31, 2017] AAAS Encourages Congressional Appropriators to Invest in Research and Innovation [July 25, 2017] AAAS CEO Urges Secretary of State to Fill Post of Science and Technology Adviser [July 13, 2017] AAAS and ESA Urge Trump Administration to Protect Monuments [July 7, 2017] AAAS Statement on House Appropriations
Bill for the Department of Energy [June 28, 2017] Scientific Organizations Statement on Science and Government [June 27, 2017] AAAS Statement on White House Executive Order on Cuba Relations [June 16, 2017] AAAS Statement on Paris Agreement on Climate Change [June 1, 2017] AAAS Statement from CEO Rush Holt on Fiscal Year 2018 Budget Proposal [May 23, 2017] AAAS thanks the Congress for prioritizing research and development funding in the FY 2017 omnibus appropriations [May 9, 2017] AAAS Statement on Dismissal of Scientists on EPA Scientific Advisory Board [May 8, 2017] AAAS CEO Rush Holt Statement on FY 2017 Appropriations [May 1, 2017] AAAS CEO Statement on Executive Order on Climate Change [March 28, 2017] AAAS leads an intersociety letter on the HONEST Act [March 28, 2017] President's Budget Plan Would Cripple Science and Technology, AAAS Says [March 16, 2017] AAAS Responds to New Immigration Executive Order [March 6, 2017] AAAS CEO Responds to Trump Immigration and Visa Order [January 28, 2017] AAAS CEO Rush Holt Statement on
Federal Scientists and Public Communication [January 24, 2017] AAAS thanks leaders of the American Innovation and Competitiveness Act [December 21, 2016] AAAS CEO Rush Holt raises concern over President - Elect Donald Trump's EPA Director Selection [December 15, 2016] AAAS CEO Rush Holt Statement Following the House Passage of 21st Century Cures Act [December 2, 2016] Letter from U.S. scientific, engineering, and higher education community leaders to President - elect Trump's transition team [November 23, 2016] Letter from AAAS CEO Rush Holt to Senate Leaders and Letter to House Leaders to pass a FY 2017 Omnibus Spending
Bill [November 15, 2016] AAAS reaffirms the reality of human - caused climate change [June 28, 2016]
Capping or eliminating the SALT deduction will put intense pressure on state and local governments to
cut their own
taxes in the face of constituents with higher
federal tax bills.
Meanwhile, the
federal EV
tax credit in the US narrowly survived being
cut out of the recent
tax bill, and renewable energy (and the subsidies for it) has fresh opposition in the highest levels of the government after the 2016 election.
The Senate Budget Committee approved the
bill on a party - line vote of 12 - 11 Tuesday, but only after Senator Bob Corker of Tennessee said he bargained for adding a controversial provision: a so - called revenue trigger that would impose
tax increases if the
tax bill's
cuts raise the
federal deficit.
The House GOP
tax bill is likely to raise the deficit substantially, thereby putting pressure to cut federal safety net programs used by poor people, said Leonard Burman of the nonpartisan Tax Policy Cent
tax bill is likely to raise the deficit substantially, thereby putting pressure to
cut federal safety net programs used by poor people, said Leonard Burman of the nonpartisan
Tax Policy Cent
Tax Policy Center.
Trim Your Utility
Bills Those energy efficiency improvements you make not only can help cut your federal income tax, they also can help cut your utility b
Bills Those energy efficiency improvements you make not only can help
cut your
federal income
tax, they also can help
cut your utility
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