Sentences with phrase «major tax overhaul»

2017 tax reform is the first major tax overhaul in 30 years, and will affect individuals, all types of businesses, tax - exempt entities, international taxation, and many other areas of tax law...

We now urge the Senate and House leaders to quickly reconcile any differences between the Senate and House bills, so the first major tax overhaul in 30 years can be passed and signed into law.

Tenney recently voted for the GOP's major tax overhaul bill that lowered taxes for corporations and businesses.

In a way, March was a wakeup call for markets as investors seemed to realize that talking about major tax overhaul and spending plans is much different than implementing such legislation.

We're all now aware that recent tax reform law is the first major tax overhaul since 1986 when Ronald Reagan was President.

President Trump is expected to sign the major tax overhaul, which passed both houses of Congress this week, in the next few days.

The dollar hit a three - week high versus the yen after the U.S. Senate approved a major tax overhaul over the weekend.

The odds are long, however, for a major tax overhaul to pass Congress in the foreseeable future.

Taxpayers will be able to deduct a limited amount of state and local income or sales taxes on their federal returns as part of the deal between Senate and House Republicans to finalize a major tax overhaul, Rep. Kevin Brady, R - Texas, said Thursday.

Several New York Republicans broke with their party today, but the House of Representatives was still able to pass a $ 4 trillion budget that's the first step in a major tax overhaul.

Taxpayers will be able to deduct a limited amount — up to $ 10,000 total — of state and local income or sales taxes on their federal returns as part of the deal between Senate and House Republicans to finalize a major tax overhaul, Rep. Kevin Brady, a Texas Republican, said.

Sen. Kirsten Gillibrand claims the major tax overhaul passed by Congress this week will increase tax bills for middle - class earners in New York state.

Removing the state and local deduction, also known as SALT, is part of Trump's overall blueprint for a major tax overhaul.

In 2009, its government announced a major tax overhaul aimed at cushioning the shock of the global economic crisis, promoting renewable energy, protecting the environment, discouraging climate change, and improving health — all while maintaining revenues, of course.

A major tax overhaul will be challenging: the last one happened under President Reagan.

With that, the claim that contribution limits may be cut comes from the fact that during the last time there was a major tax overhaul in 1986, limits went from $ 30,000 to $ 7,000.

Since the Trump Administration and Congressional leaders are working on a major tax overhaul, organizations, businesses and communities that have seen the impact of the NMTC have recently urged Congress to make the credit a permanent part of the tax code.

As Congress contemplates a major tax overhaul, it has the opportunity to generate revenue and a healthier national economy by helping parents with the costs of quality early childhood education and care.

After weeks of debate, Republican lawmakers have finally revealed their legislation for a major tax overhaul, the largest to be proposed in decades.