Tag: tax bill

Federal, Policy

Manchin claims Democratic social spending and tax bill is filled with GOP priorities

August 4, 2022

Via: Fox News

As Democrats prepare to advance their social spending and taxation bill via a party-line budget reconciliation process, one of its chief sponsors, Sen. Joe Manchin, says he thinks Republicans should be on board with it too. Manchin, D-W.Va., cut a […]

Federal, Policy

More Than Two-Thirds of Americans Support a Surge in Staff and Funding at IRS

September 3, 2021

Via: Nextgov

More than two-thirds of U.S. voters support bolstering the Internal Revenue Service’s staff to enable more enforcement of the nation’s tax laws, according to a new survey. The key priority of President Biden to ensure high-income earners pay their full […]

Federal, Policy

How Biden’s capital gains proposal may hit middle-class home sellers in red-hot markets

April 28, 2021


As home prices soar, some sellers in red-hot markets may face a costly surprise come tax time. President Joe Biden will propose in a nationwide address Wednesday a capital gains tax increase for the top 0.3% of households — those […]

Federal, Policy

Sen. Cornyn signals GOP could tweak state and local deductions in final tax bill

December 7, 2017

Via: CNBC – Top News

Sen. John Cornyn, the No. 2 Senate Republican, signaled Thursday that the GOP could tweak its treatment of popular tax deductions in its final tax bill. The separate bills passed by the House and Senate scrap most state and local […]