Business > Technology

Sen. Paul makes pitch to gut Obamacare with GOP tax bill, testing party unity

One year ago   |   By

His push could spur the first major intraparty GOP fight over the tax bill in the Senate.
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Tech start-ups fight Senate plan to change the way stock options are taxed

One year ago   |   By

Senate Republicans have touted their tax bill as business-friendly, but technology start-ups - including Hyperloop One, Airbnb, Uber and Vimeo - are fuming over a provision that would make a major change to how stock options are taxed. A key tool for start-ups to attract employees, stock options...
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Affordable housing could lose big in Republican tax plan

One year ago   |   By

The House GOP tax plan cuts a type of bond that is used to finance at least half of the nation's affordable rental apartment buildings.
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Why commercial real estate owners will salivate over the Republican tax plan

One year ago   |   By

There's a lot to love in the GOP tax plan for the commercial real estate industry. Commercial property owners would see several benefits under bills from both the House and Senate, including lower taxes on their profits and the ability to avoid a 30 percent limit on interest expense deductions, according to the Wall Street Journal. The Senate bill would also lower the commercial property depreciation period from 39 to 25 years. “If the bill...
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A $10 billion provision in the House tax plan is really bugging the AARP - and one expert thinks that's enough to kill it

A $10 billion provision in the House tax plan is really bugging the AARP - and one expert thinks that's enough to kill it

One year ago   |   By

The House Republican tax reform bill includes the repeal of an itemized deduction related to medical expenses, a measure that costs the federal government $10 billion.
The repeal, which is in the Senate version of the bill, would impact people who spend heavily on certain healthcare expenses like long-term care or fertility treatments.
T he AARP isn't happy with the plan's removal of the deduction, calling it a "health tax," and experts don't expect it to make it to the final bill.
"Never bet against the AARP," says Craig Garthwaite, a professor of strategy at the Kellogg School of...
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House GOP set to pass tax bill on Thursday

One year ago   |   By

House Republican are set to pass their tax reform bill Thursday, as President Donald Trump returns from Asia to focus on the high-profile issue. With many Republicans calling it a “make-or-break” moment for their majority, House GOP leaders and Ways and Means Chairman Kevin Brady expressed confidence that they'll have the needed 218 votes for passage - if they don't already. Chief Deputy Whip Patrick McHenry headed into a whip meeting Monday night saying he felt “very good” about the whip check while Brady said, “we do and will have the votes for passage.” About half-dozen deputy whips...
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Quiet Californians will make the difference for GOP tax bill in the House

One year ago   |   By

Of the 14 Golden State Republicans in the House, only one has come out against a bill that could leave California taxpayers paying higher bills.
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Tribune, Tronc And Beyond: A Slur, A Secret Payout And A Looming Sale

Tribune, Tronc And Beyond: A Slur, A Secret Payout And A Looming Sale

Tribune Publishing secretly started to pay more than $2.5 million to a fired news executive to settle a lawsuit. It sought to keep a slur by controlling owner Michael Ferro... Read more ...

Theresa May's confidence vote win only reveals how doomed her Brexit deal is

Theresa May's confidence vote win only reveals how doomed her Brexit deal is

Theresa May's confidence vote victory has only revealed the huge scale of the difficulties she faces. The prime minister has lost the support of more than a third of her MPs as... Read more ...

Michael Cohen is set to spend 3 years in a 'cushy' prison that's been called...

Michael Cohen is set to spend 3 years in a 'cushy' prison that's been called a 'castle behind bars'

Michael Cohen was sentenced to three years in prison on Wednesday. He pleaded guilty to charges including lying to Congress about his involvement in a plan to build a Trump... Read more ...

The National Enquirer Flips On Donald Trump In Playmate Hush Money Scandal

The National Enquirer Flips On Donald Trump In Playmate Hush Money Scandal

The National Enquirer's parent company, AMI, has offered “substantial and important assistance" in an investigation into hush money payments. Read more ...

Republicans shrug off Cohen implicating Trump in crimes as Democrats shout...

Republicans shrug off Cohen implicating Trump in crimes as Democrats shout that no one is above the law

Republicans have downplayed the fact President Donald Trump has been implicated in serious crimes by federal prosecutors and Michael Cohen. Democrats have said no one is above... Read more ...

National Enquirer Publisher Cops to Hush-Money Payment

National Enquirer Publisher Cops to Hush-Money Payment

The US attorney's office in New York says it won't prosecute the National Enquirer 's parent company over its efforts to suppress an embarrassing story about Donald Trump... Read more ...

Can Trump pardon Cohen or Manafort? Here's who he's given clemency to so far

Can Trump pardon Cohen or Manafort? Here's who he's given clemency to so far

President Donald Trump's longtime fixer and lawyer, Michael Cohen, was sentenced to three years in prison on December 12. Another Trump associate, his former campaign chairman... Read more ...

BBB study reveals extent of free trial scams as victims warn consumers

BBB study reveals extent of free trial scams as victims warn consumers

A new Better Business Bureau study investigates misleading marketing and unwanted charges after that initial purchase. Read more ...

Nancy Pelosi says she's 'comfortable' with setting term limits for House...

Nancy Pelosi says she's 'comfortable' with setting term limits for House speaker and reassures party dissidents

Rep. Nancy Pelosi of California says she is "comfortable" with setting term limits and agreed to serve no more than four years as House speaker if elected. The proposal is... Read more ...

Federal prosecutors are blowing holes through all of Trump's defenses in the...

Federal prosecutors are blowing holes through all of Trump's defenses in the Michael Cohen case

President Donald Trump finds himself facing mounting legal and political trouble in the face of his former lawyer's admission that he committed campaign finance violations that... Read more ...