tax cut, Republicans and House
Digest more
Top News
Overview
Reactions and opinions
Republicans in the U.S. House of Representatives on Tuesday will kick off their public debate on crucial elements of President Donald Trump's tax cut and budget legislation, facing choices that may strain their narrow majority.
Republicans from high-tax blue states want a higher cap for the state-and-local tax deduction.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story House GOP moves Trump tax cuts through committee The House
Republican tax writers propose eliminating a $200 tax on firearm silencers as part of Trump's tax reform, potentially benefiting gun-rights groups. The move could cost $1.4 billion over a decade. While some argue it's about hearing protection,
Republicans rejected numerous amendments offered by Democrats, including protecting tax credits meant to combat climate change enacted under Democrats’ own 2022 budget reconciliation law.
Some counties get just over 10% of revenue from property taxes. But some cities get almost all their funding that way.
WASHINGTON—House Republicans unveiled a tax plan that raises the state-and-local tax deduction, ends some taxes on tipped income and overtime pay and extends President Trump’s expiring 2017 tax cuts,