Trump signs, lauds tax overhaul, off to Florida for holidays

AP-US-Trump Dec 22, 2017 11:01AM (GMT 17:01) – 796 words By LAURIE KELLMAN and JONATHAN LEMIRE ,  Associated Press Eds: Updates with quotes, details, background. With AP Photos. WASHINGTON (AP) — President Donald Trump signed the $1.5 trillion tax overhaul into law Friday, using his last moments in the White House before flying to Florida […]

GOP set to roll $1.5T final tax bill through House, Senate

BC-US–Congress-Taxes,2nd Ld-Writethru Dec 19, 2017 6:01AM (GMT 12:01) – 948 words By MARCY GORDON ,  AP Business Writer Eds: Refreshes summary line; With AP Photos. WASHINGTON (AP) — Their long-sought political goal within grasp, Republicans in Congress are set to catapult sweeping $1.5 trillion tax legislation through the House, rolling over a dozen GOP defectors […]

GOP says it’s got a deal on taxes; cuts coming for next year

AP-US-Congress-Taxes Dec 13, 2017 5:22PM (GMT 23:22) – 973 words By STEPHEN OHLEMACHER, ANDREW TAYLOR and MARCY GORDON ,  Associated Press Eds: Updates with tax breaks for college students, medical expenses, restored. Trims. With AP Photos. AP Video. WASHINGTON (AP) — Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the nation’s […]

GOP nears Senate OK of tax bill after flurry of final deals

By ALAN FRAM, MARCY GORDON and STEPHEN OHLEMACHER, Associated Press WASHINGTON (AP) — Republicans used a burst of eleventh-hour horse-trading to edge a nearly $1.5 trillion tax bill to the brink of Senate passage Friday, as a party starved all year for a major legislative triumph took a step toward giving President Donald Trump one of […]

Deduction targeted by GOP used by tax filers in most states

AP-US–Tax Plan-State Deduction,2nd Ld-Writethru Nov 18, 2017 3:57PM (GMT 21:57) – 1001 words By CHRISTINA A. CASSIDY and DAVID A. LIEB ,  Associated Press Eds: Updates headlines. With BC-US–Tax Plan-State Deduction-Glance. With AP photo ATLANTA (AP) — A popular deduction targeted in the GOP’s overhaul of the tax code is used by more than a […]