Sentences with phrase «tax reform effort»

After all, if health care is taking this long to reform, how long will the president's more politically entrenched tax reform efforts take?

Trump suggested reports of an impending arrest in the Mueller probe — which he took over in May — are a bid to halt the momentum in the Republican tax reform effort.

While recent tax reform efforts on Capitol Hill are centered on tax cuts, Yun cautioned that the reform process is a long one and we are only in the first phase.

The effects of forthcoming federal tax reform efforts — such as limitations on the deductibility for state and local taxes and the exemption for municipal bonds — could hit the state hard, the duo said, and have «significant implications» for the revenues of both New York City (the state's main economic engine) and the state.

As we have seen during prior tax reform efforts throughout US history, there are likely to be some impacts of this tax plan that legislators could not predict.

Flanagan has said he supports broader tax reform efforts that lower individual and business rates.

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.»

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.

Assembly Speaker Carl Heastie on Thursday wrote his counterpart in Congress, House Speaker Paul Ryan, to oppose the GOP - led tax reform efforts.

told POLITICO on Thursday, that that is «unlikely» to be part of Trump's «near - term tax reform effort.»

A videotape describing the harsh impact of the flat tax on real estate was distributed to all state associations and large brokers so that they can inform REALTORS ® about the risks of a poorly designed tax reform effort.

Yanai's words offered a worst case scenario of how the retail real estate industry would be affected if the B.A.T. is implemented as part of a larger corporate tax reform effort.

Rep. Claudia Tenney told Ivanka Trump about the adversity she had to overcome as a single mother, and promised to support Ivanka's push to expand the child tax credit as part of a Republican tax reform effort.

The SALT deduction is expensive and is the most expensive tax expenditure that any recent tax reform effort has aimed to repeal.

ALBANY — Gov. Andrew Cuomo says that if Rep. John Faso truly opposed the federal tax reform effort that passed the House on Thursday, he would have resigned in protest.

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.

Meanwhile, some have turned their focus to developments in Republicans» tax reform efforts.

But the tax reform efforts have earned harsh criticisms from the public and experts.

NEC Director Gary Cohn, who played a major role in the tax reform effort, and National Security Advisor General H.R. McMaster will discuss the trip and answer questions specific to that topic.

Building on prior years» tax reform efforts, including rate reductions implemented this year, the North Carolina legislature adopted further reductions to both individual and corporate income tax rates, to take effect next year.

«I support the tax reform effort because overburdened families deserve tax relief so they can keep more of their hard - earned money, but I can't support legislation that forces my constituents to pay for tax cuts elsewhere in the country,» Donovan said.

Based upon what Benedict Donald, and his red necked Congress have done with their tax reform efforts it looks like NY will need to legalize weed.

He called on Reed and Collins — strong supporters of the tax reform effort — to change course, and oppose the bill to protect the SALT deduction.

«Overall, we're very supportive of the tax reform efforts,» Hutchins said.

At 12:30 p.m., Reps. Sean Patrick Maloney, Joe Crowley, Carolyn Maloney and Tom Suozzi hold a joint press conference call to condemn Republican plans to eliminate the State and Local Tax deduction as part of their tax reform effort.

The tax reform effort has its share of critics.

«Overall we're very supportive of the tax reform efforts,» said Hutchins.

Further muddying the waters is the Republican tax reform effort, which continues to stall out.

His trillion dollar infrastructure plan is missing, and his tax reform effort faces an uncertain future.

Given the tax reform effort currently under way in Congress this would seem an appropriate time to consider the usefulness of a carbon tax to increase Federal revenue even though no such proposal (happily) is in the current tax bill.

To that end, Harrison reminded the committee that tax reform efforts in the late 1980s were fraught with unintended consequences that delivered a broadside to the economy and only offered brief tax relief.

Created as part of the 1986 tax reform effort, the LIHTC, also known as the affordable housing credit, has been responsible for financing the development of more than 2.7 million rental homes.

I still see this as extremely vulnerable in the tax reform effort,» he said.