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House Passes Tax-Reform Bill – 12 Republicans, All Democrats Vote Against

After more than six weeks of frenzied negotiations, the House of Representatives has passed the reconciled version of President Donald Trump's tax plan, leaving only one major hurdle between Republicans and their biggest legislative accomplishment of the Trump era. In a 227-203 vote, the House passed the tax plan over united Democratic opposition, as well […]


Senate GOP Unveils Tax Proposal: Delays Corporate Rate Cut, 7 Tax Brackets, Repeals SALT Deduction

Confirming the leaks that occurred in the last hours, Senate Republicans just released their proposal for the tax bill and it is notably different from the House bill. Here are the most notable highlights (more details below): 20% permanent corporate tax cut delayed by 1 year Complies with the $1.5 trillion cost (will cost $1.44 […]


Senate GOP Unveils Tax Proposal: Here Are The Main Highlights

Confirming the leaks that occurred in the last hours, Senate Republicans just released their proposal for the tax bill and it is notably different from the House bill. Here are the most notable highlights (more details below): 20% permanent corporate tax cut delayed by 1 year Complies with the $1.5 trillion cost (will cost $1.44 […]


GOP Tax Plan “Talking Point” Highlights Released

Moments ago, the GOP released the “talking point” highlights of the republican tax plan which, as previewed earlier this morning, will keep the 20% corporate tax cut as permanent, and which allegedly will assure that a family of 4 making $59,000 will get a $1,182 tax cut. As discussed previously, the bill keeps a top […]


Here Is The Trump Tax Plan

Update 1:  To our complete ‘shock’, Democrats have already taken to the media to bash Trump’s tax proposal as a “windfall for the weathly” even though the plan explicitly contemplates a new top end personal tax bracket to “ensure that the reformed tax code is at least as progressive as the existing tax code and […]


Here Is The Leaked Trump Tax Plan

This afternoon, during a speech in Indianapolis, President Trump was expected to reveal, for the first time, the details of the long-anticipated Republican tax reform proposal that calls for substantial business and individual tax cuts. But in a political era where every little thing is leaked to the media, we no longer have to wait […]