Finance News – Gop
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Trump’s big tax bill is in jeopardy. Here’s why some in GOP are getting cold feet.
Concerns over increasing the national deficit have caused hesitation among some GOP members, leading to the House Budget Committee’s inability to move forward with the proposed tax...
Read Full Article →How House GOP bill’s $4,000 senior 'bonus' compares to eliminating tax on Social Security benefits
The proposed legislation offers seniors a $4,000 deduction that could impact their overall tax liability, potentially altering the financial benefits currently associated with Soci...
Read Full Article →Trump’s tax bill is Republicans’ big, bloated, $4 trillion headache
The proposed $4 trillion tax plan has created considerable challenges for Republican lawmakers, who appear to focus more on political agendas than on fostering long-term economic d...
Read Full Article →Want to take advantage of the GOP bill’s tax breaks? Here’s how to know if you qualify.
The new legislation introduces several tax benefits that may impact individual financial situations, requiring taxpayers to carefully review eligibility criteria to determine poten...
Read Full Article →Millions of Americans may lose health insurance under GOP tax plan. Here’s who will be affected most...
The proposed budget legislation could lead to substantial reductions in Medicaid funding, potentially affecting millions of individuals’ access to health coverage and altering the...
Read Full Article →Under new GOP bill, multimillionaires could dodge the 39.6% tax rate floated by Trump
The proposed Republican legislation may allow extremely wealthy individuals to avoid the highest proposed tax bracket, potentially reducing expected government revenue from high-in...
Read Full Article →House GOP tax bill calls for ‘SALT’ deduction cap of $30,000 for most taxpayers. Here's who could be...
The revised tax legislation introduced by House Republicans increases the limit on state and local tax deductions to $30,000, potentially impacting the financial situations of nume...
Read Full Article →Trump backs tax hike on rich, but says GOP 'should probably not do it'
Trump’s support for increasing taxes on wealthy individuals signals a departure from usual party views, potentially impacting legislative negotiations and financial policy decision...
Read Full Article →‘That would be madness’: Why Trump’s tax-the-rich push could fracture the GOP
Proposals to increase taxes on wealthy individuals aim to fund additional benefits such as tip and overtime pay, potentially causing divisions within the Republican Party over fisc...
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