Tax Reform

FILE - In this Oct. 15, 2018, file photo, Salt Lake County Mayor Ben McAdams answers a question as he and U.S. Rep. Mia Love participate in a debate in Sandy, Utah, as the two battle for Utah's 4th Congressional District. McAdams declared victory Monday, Nov. 19, 2018, in the tight race, but Love didn’t concede and The Associated Press has not called the race. (Scott G Winterton/Deseret News, via AP, Pool, File)
November 20, 2018 - 7:40 pm
SALT LAKE CITY (AP) — Democrat Ben McAdams has flipped a U.S. House seat in deep-red Utah, defeating Republican U.S. Rep. Mia Love by fewer than 700 votes in a race that took two weeks to settle. McAdams defeated Love, the first black Republican woman elected to Congress, by a margin just over what...
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A former dock facility is shown with old transfer bridges, with "Long Island" painted in large letters at Gantry State Park in the Long Island City section of Queens Borough in New York, Tuesday, Nov. 13, 2018. Amazon announced Tuesday it has selected the Queens neighborhood as one of two sites for its headquarters. (AP Photo/Bebeto Matthews)
November 14, 2018 - 12:18 am
NEW YORK (AP) — Much of the New York City neighborhood selected by Amazon for one of its new headquarters is in a federal "opportunity zone," a designation created by President Donald Trump's tax overhaul that offers developers potentially millions of dollars in capital gains tax breaks to invest...
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October 19, 2018 - 12:21 pm
WASHINGTON (AP) — The Trump administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country. About 8,700 so-called "opportunity zones" have been set up in all 50 states to lure investors and developers with tax...
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FILE - In this June 30, 2018, file photo, U.S. Congressional candidate Tom Malinowski speaks during a rally against President Donald Trump at Clarence Dillon Public Library, not far from Trump National Golf Club, where Trump is staying this weekend, in Bedminster, N.J. One provision of the Republican tax overhaul looms large in several tight congressional races this fall. Malinowski said taxes are the top issue voters raise on the campaign trail. (AP Photo/Julio Cortez, File)
September 19, 2018 - 7:11 am
CHERRY HILL, N.J. (AP) — Congressman Leonard Lance voted last December with the interests of his northern New Jersey district in mind when he opposed his own party's sweeping tax overhaul. The cap on deductions for state and local taxes that was part of the Republican plan was bound to mean that...
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September 13, 2018 - 4:59 pm
WASHINGTON (AP) — House lawmakers on Thursday debated a Republican proposal to expand the new tax law by making permanent the individual tax cuts now set to expire in 2026. But the move is undercut by election pressures faced by GOP lawmakers from high-tax states where residents are hurt by the law...
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FILE - In this Feb. 14, 2018, file photo, House Ways and Means Committee Chair Rep. Kevin Brady, R-Texas, speaks during a committee hearing on Capitol Hill in Washington. House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress last year. They’re aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. Brady is looking toward a vote on the legislation by the House this month. The solid Republican majority in the House nearly ensures passage before the November elections. (AP Photo/Jacquelyn Martin, File)
September 10, 2018 - 6:52 pm
WASHINGTON (AP) — House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress last year. They're aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. With midterm elections barely two...
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Troy Balderson, Republican candidate for Ohio's 12th Congressional District, speaks to a crowd of supporters during an election night party Tuesday, Aug. 7, 2018, in Newark, Ohio. (AP Photo/Jay LaPrete)
August 08, 2018 - 5:02 pm
WASHINGTON (AP) — Republicans in many midterm election battlegrounds across the country are trying to maintain their congressional majorities by stoking certain voters' anxieties about liberal Democrats and their policies. It's a striking turn for a party that just eight months ago was hailing a...
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August 08, 2018 - 3:20 pm
WASHINGTON (AP) — Architects and engineers are still in; accountants, doctors and lawyers remain out — mostly. New rules floated by the Trump administration lay out what kinds of businesses can take a 20 percent deduction against income taxes under the new tax law. With the proposed rules issued...
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July 31, 2018 - 2:15 pm
WASHINGTON (AP) — Congressional auditors say about 30 million people — 21 percent of U.S. taxpayers — will have to come up with more money to pay their taxes next year because their employers withheld too little from their paychecks under government tables keyed to the new tax law. New tax...
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July 24, 2018 - 1:01 pm
WASHINGTON (AP) — House Republicans have launched an effort to expand the massive tax law they muscled through Congress last year, aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. The push before the midterm elections, which clicked...
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