New Jersey and Connecticut are joining New York in planning to sue Washington over the Republican-led federal tax overhaul, the Democratic governors of the three states announced Friday. Andrew Cuomo of New York, Dannel Malloy of Connecticut and Phil Murphy of New Jersey announced Friday that they’re talking to leaders […]
Citing Trump, Wal-mart boosts salaries for hourly workers (jaw dropping!)
Walmart, the world’s largest private employer, is boosting its starting salary for U.S. workers to $11 an hour, handing out one-time cash bonuses to those who don’t benefit from the pay hike and expanding its maternity and parental leave benefits. The company said the moves that will affect more than […]
Trump: Farm country is God’s country
Connecting with rural Americans, President Donald Trump on Monday hailed his tax overhaul as a victory for family farmers and pitched his vision to expand access to broadband internet, a cornerstone of economic development in the nation’s heartland. “Those towers are going to go up and you’re going to have […]
JAW DROPPING! Tax reform already brings back billions from overseas
Wall Street giant Goldman Sachs plans to bring back $5 billion in U.S. cash from overseas bank accounts this fourth quarter — thanks to the tax overhaul signed into law last week. The New York bank on Friday became one of the first to release details on how changes in […]
Trump signs tax reform bill before heading to Florida for Christmas
President Donald Trump signed the historic $1.5 trillion tax overhaul into law Friday, using his last moments in the White House before flying to Florida for the holidays to celebrate his biggest political win. He also signed a temporary spending bill to keep the government running and provide money to […]
GOP leaders reach deal on tax overhaul (finally!)
House and Senate GOP leaders forged an agreement Wednesday on a sweeping overhaul of the nation’s tax laws. They paved the way for final votes next week to slash taxes for businesses, give many Americans modest cuts and deliver the first major legislative accomplishment to President Donald Trump. Top GOP […]
GOP confronting demands of tax overhaul opponents
Senate Republicans are stepping quickly to meet competing demands of holdout GOP senators for a tax overhaul package expected to add $1 trillion to the nation’s deficit over 10 years. The Republicans eye a crucial final vote Friday on the $1.4 trillion Senate bill carrying the hopes of President Donald […]
Victory! House passes major GOP tax bill
The House has passed a sweeping Republican tax bill cutting taxes for corporations and many people. It puts GOP leaders closer to delivering to President Donald Trump a crucial legislative achievement after nearly a year of failures. The House voted 227-205 along party lines to approve the bill, which would […]
Republicans FURIOUS after GOP Senator blocks tax bill
Republicans are muscling their massive tax bill through the House, with President Donald Trump urging them on to a critically needed legislative victory and GOP House leaders exuding confidence they have the votes. But the tax overhaul hit a roadblock Wednesday as Sen. Ron Johnson of Wisconsin became the first […]
Trump unveils new tax plan (here’s what it means)
House Republicans on Thursday unveiled a tax cut plan that would slash the corporate rate and lower the personal taxes of most Americans but also limit a deduction for homeowners, as President Donald Trump and the GOP seek to deliver on the first tax revamp in three decades. Trump promised […]