Estate taxes

President Donald Trump listens to Vice President Mike Pence speak before signing a policy directive to send American astronauts back to the moon, and eventually Mars, in the Roosevelt Room of the White House, Monday, Dec. 11, 2017, in Washington. (AP Photo/Evan Vucci)
December 11, 2017 - 9:48 pm
WASHINGTON (AP) — President Donald Trump on Wednesday will try to sell the American people on an unpopular Republican tax overhaul that his administration claims will generate a large part of $1.8 trillion in new revenue — a figure that a top Democratic lawmaker dismissed as "fake math." Trump's...
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December 04, 2017 - 10:36 am
WASHINGTON (AP) — A top Republican senator is defending GOP efforts to reduce the hit to the wealthy from the federal estate tax because it helps those who invest rather than people who spend their money on "booze or women or movies." Seven-term Iowa Sen. Chuck Grassley, a senior member of the...
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FILE - In this Thursday, Nov. 30, 2017, file photo, the sky over The Capitol is lit up at dawn as Senate Republicans work to pass their sweeping tax bill this week in Washington, (AP Photo/J. Scott Applewhite)
December 03, 2017 - 2:33 am
The Senate and the House seek to achieve a sweeping overhaul of the nation's tax code but go about it in different ways. With the Senate bill passed Saturday and the House bill passed two weeks ago, congressional Republicans now will work quickly on a compromise measure to send to President Donald...
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December 02, 2017 - 11:35 am
Republicans early Saturday rammed a nearly $1.5 trillion tax overhaul through the Senate, a sweeping revamp of the nation's tax code. The House passed a nearly $1.5 trillion tax bill two weeks ago that differs in key respects. The GOP will work quickly to iron out the differences with the goal of...
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Senate Majority Leader Mitch McConnell, R-Ky., walks from the chamber to his office during votes on amendments to the GOP overhaul of the tax bill, on Capitol Hill in Washington, Friday night, Dec. 1, 2017. (AP Photo/J. Scott Applewhite)
December 02, 2017 - 3:23 am
WASHINGTON (AP) — Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after a burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph took a giant step toward giving President Donald Trump one of his top priorities by...
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President Donald Trump gives a thumbs up as he walks with Vice President Mike Pence as he departs Capitol Hill in Washington, Thursday, Nov. 16, 2017. Trump urged House Republicans Thursday to approve a near $1.5 trillion tax overhaul as the party prepared to drive the measure through the House. Across the Capitol, Democrats pointed to new numbers showing the Senate version of the plan would boost taxes on lower and middle-income Americans. (AP Photo/Susan Walsh)
November 18, 2017 - 12:09 pm
WASHINGTON (AP) — The ultra-wealthy, especially those with dynastic businesses — like President Donald Trump and his family — do very well under a major Republican tax bill moving in the Senate, as they do under legislation passed this week by the House. Want to toast the anticipated tax win with...
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In this Nov. 9, 2017, photo, Speaker of the House Paul Ryan, R-Wis., meets with reporters as he encourages support for Republican tax reform legislation, on Capitol Hill in Washington. The House and Senate tax overhaul plans are broadly similar, but crucial differences create headaches for Republican leaders determined to keep myriad interest groups and factions of the GOP satisfied.(AP Photo/J. Scott Applewhite)
November 10, 2017 - 3:58 pm
WASHINGTON (AP) — The House and Senate tax overhaul plans are broadly similar, but crucial differences are creating headaches for Republican leaders determined to keep myriad interest groups and factions of the GOP satisfied. And then there's the ambitious timetable they've set of finishing in time...
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From left, Senate Majority Leader Mitch McConnell, R-Ky., Senate Finance Committee Chairman Orrin Hatch, R-Utah, and Treasury Secretary Steven Mnuchin, make statements to reporters as work gets underway on the Senate's version of the GOP tax reform bill, on Capitol Hill in Washington, Thursday, Nov. 9, 2017. (AP Photo/J. Scott Applewhite)
November 09, 2017 - 10:07 pm
WASHINGTON (AP) — Senate Republicans revealed the details of their sweeping tax legislation Thursday, including a one-year delay in plans for a major corporate tax cut despite strident opposition from the White House and others in their own party. Their bill would leave the prized mortgage interest...
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House Ways and Means Committee Chairman Kevin Brady, R-Texas, begins the markup process of the GOP's far-reaching tax overhaul as members propose amendments and changes to shape the first major revamp of the tax system in three decades, on Capitol Hill in Washington, Monday, Nov. 6, 2017. (AP Photo/J. Scott Applewhite)
November 06, 2017 - 8:45 pm
WASHINGTON (AP) — After a day of partisan bickering over whether the Republicans' sweeping tax plan would truly help the middle class, a key House panel on Monday approved late changes. Lawmakers restored the tax exemption for employees receiving child care benefits from their companies, but also...
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President Donald Trump holds an example of what a new tax form may look like during a meeting on tax policy with Republican lawmakers in the Cabinet Room of the White House, Thursday, Nov. 2, 2017, in Washington, with House Speaker Paul Ryan, R-Wis., and Chairman of the House Ways and Means Committee Rep. Kevin Brady, R-Texas, right. (AP Photo/Evan Vucci)
November 03, 2017 - 2:02 pm
WASHINGTON (AP) — President Donald Trump is pressuring Republicans to repeal a health care law penalty in their tax rewrite, a step the House's top tax writer indicated is politically problematic. Rep. Kevin Brady, chairman of the Ways and Means Committee, said Friday the president had spoken to...
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