Politic > Technology

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

7 monthes 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

7 monthes 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

7 monthes 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

7 monthes 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

7 monthes 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

7 monthes 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

7 monthes 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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The Supreme Court decision that will put more taxes on internet sales is...

The Supreme Court decision that will put more taxes on internet sales is good news for you

The Supreme Court this week ruled that states can compel retailers to collect sales taxes even if they don't have a physical presence in the states. It's good news for... Read more ...

Trump praises Supreme Court's sales tax decision in a shot at Amazon, but it...

Trump praises Supreme Court's sales tax decision in a shot at Amazon, but it could affect his own business too

President Donald Trump praised a Supreme Court ruling that could soon lead to online retailers having to collect state sales taxes in 45 states. But it could also have an... Read more ...

'Morning Joe' Host Says Trump Is 'Openly Racist' And So Are His Supporters

'Morning Joe' Host Says Trump Is 'Openly Racist' And So Are His Supporters

MSNBC's Joe Scarborough and Mika Brzezinski didn't pull any punches with Trump. Read more ...

A French woman visiting Canada was detained in the US for 2 weeks after...

A French woman visiting Canada was detained in the US for 2 weeks after accidentally crossing the border while jogging

US Border Patrol agents captured a French woman they said crossed the US-Canada border while she was jogging. Cedella Roman, who had been visiting her mother in British... Read more ...

Trump invited 'permanently separated' families to speak about loved ones...

Trump invited 'permanently separated' families to speak about loved ones allegedly killed by unauthorized immigrants - and he autographed posters of the victims' faces

President Donald Trump invited families at an event on Friday to share stories of their loved ones allegedly killed by unauthorized immigrants. These families, Trump said, were... Read more ...

A judge outlined exactly what qualifies as privileged in the Michael Cohen...

A judge outlined exactly what qualifies as privileged in the Michael Cohen case - and almost nothing involves Cohen's work for his clients

US District Judge Kimba Wood laid out what from the first batch of President Donald Trump's longtime lawyer Michael Cohen's reviewed documents was covered by attorney-client... Read more ...

Trump Upends Policy on Protecting Lakes, Oceans

Trump Upends Policy on Protecting Lakes, Oceans

President Trump has thrown out a policy devised by his predecessor to protect US oceans and the Great Lakes, replacing it with a new approach that emphasizes use of the waters... Read more ...

Trump Props Up Grieving Parents To Defend Immigration Policy

Trump Props Up Grieving Parents To Defend Immigration Policy

The president used some unsupported claims about immigrant crime rates to stir concern. Read more ...

More Americans Blame Undocumented Parents Than Trump For Family Separations

More Americans Blame Undocumented Parents Than Trump For Family Separations

The White House has managed to dodge a lot of blame for a deeply unpopular policy. Read more ...

Trump Leaves GOP Leaders Out To Dry On Immigration

Trump Leaves GOP Leaders Out To Dry On Immigration

Trump could have made immigration easier on Republicans. Instead, he's making it harder. Read more ...