How Trump tax plan would alter mortgage interest deduction, eliminate state and local tax deduction

WASHINGTON (AP) — Each year, taxpayers subsidize America’s homeowners by roughly $70 billion, with the benefits flowing disproportionately to coastal areas with high incomes and pricey homes, from New York and Washington to Los Angeles and San Francisco. The subsidy for homeowners comes in the form of a deduction from their taxes for the interest […]

Congressman Brady to Conroe Town Hall: “The American people are left behind in our current Tax Code”

Conroe, August 16 – United States Congressman and House Ways and Means Committee Chairman Kevin Brady spoke to approximately sixty members of the Conroe Chamber of Commerce on Tuesday, August 15, 2017. “The American people are left behind in our current Tax Code,” Brady told the audience. Brady has proposed the most significant reform of […]

Koch urgency: Conservative network fears closing window

COLORADO SPRINGS, Colo. (AP) — The urgency was easy to find inside the private receptions and closed-door briefings at the Koch brothers’ donor retreat in Colorado Springs, where the billionaire conservatives and their chief lieutenants warned this weekend of a rapidly shrinking window to push their agenda through Congress. No agenda items mattered more to […]

Possible shutdown, health care quagmire awaiting Congress

ANDREW TAYLOR, Associated Press Writers ALAN FRAM, Associated Press Writers WASHINGTON (AP) — Lawmakers returning to Washington this coming week will find a familiar quagmire on health care legislation and a budget deadline dramatized by the prospect of a protracted battle between President Donald Trump and Democrats over his border wall. Trump’s GOP allies control […]

Congress seen as not likely to pass tax overhaul quickly

STEPHEN OHLEMACHER, Associated Press WASHINGTON (AP) — After their humiliating loss on health care, Republicans in Congress could use a quick victory on a big issue. It won’t be an overhaul of the tax code. Overhauling the tax code could prove harder to accomplish than repealing and replacing Barack Obama’s health law. Congressional Republicans are […]

Failure on health bill also hurts prospects for tax overhaul 

STEPHEN OHLEMACHER, Associated Press WASHINGTON (AP) — House Republicans’ failure to repeal Barack Obama’s health care law deals a serious blow to another big part of President Donald Trump’s agenda: tax reform. Trump and House Speaker Paul Ryan, R-Wis., say they will soon turn their attention to the first major re-write of the tax code […]

Mr. Clark goes to Austin

Austin, March 6 – Montgomery County Precinct 4 Commissioner Jim Clark is traveling to the Austin State Capitol for four days to meet with the Texas Legislature for property tax relief and other issues important to East Montgomery County as well as the County as a whole. Clark intends to meet with representatives from Montgomery […]

Noack, Clark Propose State-Level Property Tax Reform, But Need to Focus on Spending Reductions as Truest Reform

Spring, February 8 – Precinct 3 County Commissioner James Noack and Precinct 4 County Commissioner Jim Clark have proposed a resolution for the February 14, 2017, Commissioners Court Agenda to support efforts by the Texas Legislature to bring about meaningful property tax reform. Citizens who pay taxes, however, cannot afford to wait for the Legislature […]