Senate GOP tax bill would delay biz cut, undo deductions
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 deduction untouched for homeowners in a concession to the powerful real estate lobby but would ignore a House compromise on the hot-button issue of state and local tax deductions.
Source: AP
About author
You might also like
U.N. Report Highlights Surprising Global Progress On Poverty Goals
By Nurith Aizenman In 2000 the world’s leaders agreed on an ambitious plan for attacking global poverty by 2015. Called the Millennium Development Goals, these time-bound targets spurred an unprecedented
25 Years In Iraq, With No End In Sight
By Greg Myre Iraq invaded Kuwait on Aug. 2, 1990. The U.S. reversed Saddam Hussein’s aggression, but it was just the start of the U.S. military role in Iraq that’s
Trump chooses visit to military base over DMZ
WASHINGTON (AP) — It has become something of a ritual for U.S. presidents trying to demonstrate their resolve against North Korea’s ever-escalating aggression. Source: AP
