Sentences with phrase «impact of tax reform legislation»

The positive impact of tax reform legislation was $ 3.0 million, or $ 0.03 per diluted share.

Not exact matches

U.S. tax reform discrete impacts On December 22, 2017, the United States enacted tax reform legislation that included a broad range of business tax provisions, including but not limited to a reduction in the U.S. federal tax rate from 35 % to 21 % as well as provisions that limit or eliminate various deductions or credits.

As the reforms gather steam, a particular point of interest for the housing market is the impact of the proposed new legislation on the mortgage interest deduction (MID), which allows homeowners to claim a tax deduction equal to the amount of interest they paid on their home loan.

As the Poll Hub team discusses, the danger for the Republicans is how tax reform unfolds in 2018 and whether the GOP can maintain its credibility given the expected impact of the legislation on the deficit.

Instead of continuing to throw millions of precious tax dollars into the proverbial, but very real, pit of failed education reforms; instead of continuing to enrich test corporations and educational entrepreneurs who game the system; instead of maintaining the false and demoralizing narrative that our students and teachers are failures, our state legislators need to take this opportunity to tell the CSDE and CSBE that it will no longer support expensive mandates that unnecessarily impact our budget health when a re-design of state assessment practices has been encouraged by recent federal legislation.

However, no other tax legislation in history has had such a profound and broad impact on the landscape than the Tax Reform Act of 19tax legislation in history has had such a profound and broad impact on the landscape than the Tax Reform Act of 19Tax Reform Act of 1986.

It appears some last - minute amendments have largely removed controversial provisions from the Senate's version of tax reform legislation that would have had a big impact on governmental 457 and nonprofit 403 (b) plan sponsors.

This change to the MID would impact fewer than 6 percent of mortgages nationwide and would save an estimated $ 95.5 billion over the first decade; however, the legislation uses the savings generated by the MID reform to pay for lower tax rates for billionaires and corporations without addressing the affordable housing crisis in America.