Sentences with phrase «to overhaul the tax code»

Despite the enthusiasm for overhauling the tax code among Republican congressional leaders and President Donald Trump, the public is hardly sold on the idea that the effort is a priority or on its possible benefits.

Mnuchin said last week that the White House wants to overhaul the tax code by August, but it remains unclear whether the changes would apply to 2017 earnings.

In overhauling the tax code, Congress today faces the same question it faced a century ago when creating the modern tax system: What kind of society should America be?

The Senate's Republican majority continues to have concerns about overhauling the tax code, which would likely need to be done by the time the state budget is due April 1.

Mnuchin's comments come just a day after the House passed a bill aimed at overhauling the tax code.

House Republicans unveiled their plan to overhaul the tax code on Thursday in what could be the biggest rewriting of the system in decades.

Astorino has previously said that businesses would be better helped if the state overhauled its tax code.

The Senate GOP's fast - moving effort to overhaul the tax code hit an unexpected roadblock last night, with the collapse of a plan to win over recalcitrant lawmakers with a promise to limit the impact of the legislation on the federal deficit.

Gov. Andrew Cuomo has floated the idea of overhauling the tax code to make the state less reliant on income taxes.

Trump and congressional Republicans are considering an income tax surcharge on the wealthy and doubling the standard deduction given to most Americans, with the GOP under pressure to overhaul the tax code after the collapse of the health care repeal.

A group of CEOs on Tuesday appeared to cast doubt on one of the White House's biggest arguments for overhauling the tax code — right in front of the economic adviser Gary Cohn.

State Budget Director Robert Mujica told lawmakers they will have the full details of how the state could overhaul its tax code by Feb. 15th.

«He's talking about overhauling the tax code.

«Something this big, something this generational, something this profound could not have been done without exquisite presidential leadership,» said Ryan, who has fought to overhaul the tax code for much of his near - two decades in Congress.

Squaring the issue is a central concern for the Trump administration in selling their plan to overhaul the tax code.

Overhauling the tax code has been a major focus for both the White House and congressional Republicans after failing to repeal Obamacare.

At the time, The New York Times reported that the Koch brothers — once skeptical of President Trump — had moved closer to him, inspired, in part, by his plans to overhaul the tax code.

President Obama wanted to ban tax inversions in his 2015 budget, Hillary Clinton opposes inversions, and Donald Trump has said that such deals are another reason to overhaul the tax code.

The other shoe has finally dropped: On November 2, 2017, Republican leaders in the House revealed their massive plan to overhaul the tax code.

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

That's because the Tax Cuts and Jobs Act went into effect at the beginning of this year and overhauled the tax code, doubling the standard deduction and doing away with personal exemptions.

Senate Republicans have been close with Cuomo on fiscal issues, backing his cap on property taxes in June and voting for his proposal to overhaul the tax code in New York that gave the wealthy slightly less of a tax cut than they would have been in line to receive.

As Congress returns to town today, the president faces weeks of hard negotiations to overhaul the tax code, raise the debt ceiling, keep the government open, finance his border wall, and secure relief and reconstruction money for areas devastated by Hurricane Harvey.

He also talked about improving the business climate by slashing regulations, reforming the unemployment insurance program, overhauling the tax code and reviewing all spending.

The U.S. Senate confirmed Steven Mnuchin, a former Goldman Sachs banker and Hollywood film financier, to be Treasury secretary, putting in place a key lieutenant to the president who will help drive the administration's plans to overhaul the tax code, renegotiate trade deals around the world and remake financial regulations.

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.

Rep. Elise Stefanik says she intends to vote «no» this week on a GOP bill to overhaul the tax code, becoming the latest New York Republican to split with their party on the measure.

Birnbaum noted that both Democrats — including President Obama — and Republicans have said they would like to overhaul the tax code, and although partisan differences have become a stumbling block to members» ability to reach consensus on many issues, there's an unusual dynamic at work in the two tax - writing committees that could end up being a game - changer.

In the U.S. House, lawmakers are considering the outlines of a «blueprint» to overhaul the tax code.