Tax reform

November 22, 2017 - 3:49 pm
WASHINGTON (AP) — The White House is disputing a Democratic senator's claim that top economic adviser Gary Cohn faked bad reception to get President Donald Trump off the phone. Delaware Sen. Tom Carper said Wednesday in a CNN interview that he and other Democrats had been in a meeting with several...
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President Donald Trump announces that the United States will designate North Korea a state sponsor of terrorism during a cabinet meeting at the White House, Monday, Nov. 20, 2017, in Washington. (AP Photo/Evan Vucci)
November 20, 2017 - 6:50 pm
WASHINGTON (AP) — President Donald Trump on Monday promised a tax overhaul by Christmas, even as a nonpartisan tax analysis group said the Senate package would leave half of taxpayers facing higher levies by 2027. Speaking before a Cabinet meeting, Trump said, "We're going to give the American...
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FILE - In this Nov. 2, 2017, file photo, President Donald Trump shakes hands with Federal Reserve board member Jerome Powell after announcing him as his nominee for the next chair of the Federal Reserve, in the Rose Garden of the White House in Washington. Trump has bashed George W. Bush, and the Bush family hasn't shied from hitting back. Despite that ill will, the White House has found it advisable to draw on dozens of veterans from the last Republican administration for their expertise in running the government. (AP Photo/Alex Brandon, File)
November 20, 2017 - 7:05 am
WASHINGTON (AP) — For all the lingering tensions between President Donald Trump and former President George W. Bush, Trump's White House shares one thing in common with his Republican predecessor's: People. Trump has installed more than three dozen veterans of the Bush administration, putting them...
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FILE - In this Nov. 15, 2017, file photo, President Donald Trump speaks in the Diplomatic Reception Room of the White House in Washington. Trump is expressing more doubts about a new policy allowing trophies of African elephants shot for sport to be imported. (AP Photo/Pablo Martinez Monsivais, File)
November 19, 2017 - 10:13 pm
WASHINGTON (AP) — President Donald Trump on Sunday expressed more doubts about a new policy allowing trophies of African elephants shot for sport to be imported, appearing to question whether "this horror show" would actually aid in the conservation of any animal. The trophy policy was among issues...
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White House adviser Ivanka Trump and Treasury Secretary Steve Mnuchin speak in Bayville, N.J., Monday, Nov. 13, 2017, about tax overhaul, where they promised legislation moving through Congress would simplify the tax code and ease burdens on taxpayers. (AP Photo/Matt Rourke)
November 19, 2017 - 10:44 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin (mih-NOO'-shin) says he's been having "very good discussions" with Republican senators who oppose or have concerns about tax-cut legislation expected to be voted on after Thanksgiving. Mnuchin tells "Fox News Sunday" that he wants to make sure the...
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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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FILE - In this Thursday, Nov. 16, 2017 file photo, House Speaker Paul Ryan of Wis., joined by House Republicans, speaks to the media following a vote on tax reform, on Capitol Hill in Washington. A popular deduction targeted in the GOP’s overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise. (AP Photo/Jacquelyn Martin, File)
November 18, 2017 - 9:45 am
ATLANTA (AP) — A popular deduction targeted in the GOP's overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise. The exact effect in every state isn't...
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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 16, 2017 - 8:28 pm
WASHINGTON (AP) — The Latest on House consideration of the tax overhaul (all times local): 8:20 p.m. Vice President Mike Pence says "now the ball is in the Senate's court," after the House voted Thursday to approve a $1.5 trillion overhaul of the nation's tax code. At the Tax Foundation's 80th...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 16, 2017. Asian stock markets were mostly firm on Thursday and oil prices were steady, despite a second straight day of losses on Wall Street overnight. (AP Photo/Ahn Young-joon)
November 16, 2017 - 7:49 am
SEOUL, South Korea (AP) — Global stocks rose Thursday, but analysts said it was too early to say markets had stabilized after a week of turbulent trading. Apart from persisting worries over prospects for a U.S. tax overhaul and doubts over the pace of rate hikes by the Federal Reserve, market-...
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White House adviser Ivanka Trump arrives in Trenton, N.J., Monday, Nov. 13, 2017. Ivanka Trump is putting it all on the line for the Republican tax overhaul. Signaling a new stage in her Washington career, the senior White House adviser recently hit the road to sell the plans that have drawn Democratic criticism and spurred some GOP conflict. (AP Photo/Matt Rourke)
November 15, 2017 - 4:59 pm
BAYVILLE, N.J. (AP) — Yes, it turns out, there is something that chafes at the unflappable Ivanka Trump. The presidential daughter and adviser, in a "full-blown sprint" as she sells the Republican tax overhaul plan and juggles other initiatives, has had it with all that talk about her "pet project...
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