TaxReform

  • Churches, non-profits could profit politically under House tax bill

    Not only would houses of worship be able to more actively promote political candidates, but so would non-profit groups under a section inserted into the House tax bill an hour before it was due for a key vote. The last-minute change affecting the so-called Johnson amendment was tucked into...
  • GOP Tax Bill will have an effect on College Campuses!

    WASHINGTON — The Oakland Raiders decided to move to Las Vegas largely because Clark County, Nevada, agreed to finance a new stadium with $750 million in tax-exempt bonds. Now, that tax exemption could be going away, leaving the county on the hook for even more money. The GOP tax...
  • Divorce penalty? Tax reform could shrink alimony for ex-spouses

    Alimony payments mandated by divorce agreements could lose their beneficial tax treatment. The Tax Cuts and Jobs Act, unveiled on Thursday, includes a provision to kill the deduction that taxpayers get for making such payments to an ex-spouse. Although it’s just one of the many tax breaks eliminated under...
  • House Tax Reform Bill Is Good for Middle Class Families and Pro-Growth

    The U.S. House of Representatives is out with their draft version of tax reform today. If you want to get into the weeds, the bill, the detailed summary, and a bunch of one-pagers are all available here. The plan basically gets done what it needs to: it enacts permanent,...
  • Are you middle class enough to get a tax cut from President Trump’s plan?

    Are you middle class enough to get the tax breaks President Trump and House Speaker Paul Ryan are promising? The short answer is, it depends – and on a lot more than how much you earn each year. Where you live makes an enormous difference, since a dollar does...
  • President Trump attempts to shift focus off indictments to another subject

    President Trump on Tuesday dismissed the latest wrinkle in the special counsel’s investigation into Russia’s election meddling, saying the alleged actions of his former campaign chairman occurred prior to his involvement with the Trump campaign. “The Fake News is working overtime. As Paul Manaforts lawyer said, there was ‘no...
  • Trump goes to Senate to talk taxes, health care

    Washington (CNN) President Donald Trump travels to Capitol Hill on Tuesday to meet with Senate Republicans at their weekly policy lunch as he pushes forward on tax cuts. Trump will speak broadly about the GOP agenda, according to a Senate aide. But the top two priorities are getting Republicans...
  • Trump pitches tax reform to working-class Americans!

    Donald Trump is an opportunist. Whether his bullish nature is beneficial or disadvantageous still remains undefined. All in all, he selectively exploits the anxieties of Americas people. We have one of the only Presidents, at least in recent history whom continues to hold rallies as if he is running...
  • Gary Cohn lays out blueprint for Trump’s tax plan!

    Gary Cohn, the top economic adviser to President Donald Trump, is considered to be the man driving the White House’s push to overhaul the tax code. In an interview with the Financial Times, Cohn laid out the administration’s priorities on tax reform — along with his thoughts on the...