Stories tagged: taxes
UPDATED: Wed., Dec. 13, 2017, 2:39 p.m.
GOP says it’s got a deal on taxes; cuts coming for next year
Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the nation’s tax laws that would provide generous tax cuts for corporations and the wealthiest Americans – Donald …
Sat., Dec. 9, 2017
Outside View: Tax plan unfairly hits grad students
If the goal of the tax package is to make the United States more economically competitive, penalizing students and higher education is not the way to do it.
Mon., Dec. 4, 2017, 2:08 p.m.
Lawmakers work to reconcile dueling House, Senate tax bills
Significant differences separate the massive tax packages passed by the House and Senate on estate taxes, health care and a prized deduction for home mortgage interest, though Republican leaders are …
Mon., Dec. 4, 2017, 11:20 a.m.
Graduate students argue against taxing tuition waivers
Graduate students around the U.S. are staging campus walk-outs and lobbying Congress in an effort to keep their tuition waivers tax-free.
Sat., Dec. 2, 2017
Senate versus House tax plans: A comparison
Here’s a rundown of the Senate’s newly-passed bill as compared to the House of Representatives’ plan, which was passed in November.
UPDATED: Fri., Dec. 1, 2017, 11:29 p.m.
As tax bill evolved, benefits for corporations and the wealthy grew
When Senate Republicans introduced their tax bill in the middle of last month, they faced competing interests: Some senators thought it wasn’t generous enough for working families. Others thought it …
UPDATED: Thu., Nov. 30, 2017, 5:25 p.m.
WSU grad students sound off on GOP tax plan
Washington State University graduate students gathered Wednesday to mount some last-minute opposition to the Republican tax plan that’s barreling through Congress.
UPDATED: Tue., Nov. 28, 2017, 4:06 p.m.
Idaho Sen. Risch touts Senate GOP tax bill, saying it’ll let ‘job creators prosper’
Idaho Sen. Jim Risch, who chairs the Senate Small Business Committee, spoke out in favor of the
UPDATED: Mon., Nov. 27, 2017, 11:43 a.m.
Senate GOP tax bill hurts the poor more than originally thought, CBO finds
The Senate Republican tax plan would give substantial tax cuts and benefits to Americans earning more than $100,000 a year, while the nation’s poorest would be worse off, according to …
UPDATED: Wed., Nov. 22, 2017, 5:06 p.m.
City Council shifts lodging tax allocations to Spokane Valley events
Hotel taxes collected in Spokane Valley should stay in Spokane Valley, city officials decided this week. The Spokane Valley City Council on Tuesday modified how it plans to spend the …
Tue., Nov. 21, 2017, 6 a.m.
Shawn Vestal: Ad for GOP’s tax plan leaves out story’s ending
Even in the imaginary world of ‘Tom’ and ‘Cindy’ the GOP tax plan falls short in the long run.
UPDATED: Sun., Nov. 19, 2017, 4:29 p.m.
Tax bill reflects rift between many Republicans, higher education
Ending a tax deduction for interest paid on student loans. Raising taxes for more than 100,000 graduate students who receive tuition waivers. Imposing a levy on endowments at certain private …
UPDATED: Fri., Nov. 17, 2017, 10:22 p.m.
Q&A: Cathy McMorris Rodgers addresses her vote in support of the House tax plan
Rep. Cathy McMorris Rodgers says that benefits far outweigh the risks in the House tax reform bill passed this week.
UPDATED: Fri., Nov. 17, 2017, 10:23 p.m.
McMorris Rodgers joins GOP calling for Senate candidate Roy Moore to drop Alabama bid
The congresswoman, who is making a push for large-scale tax reform by the end of this year, is calling on the judge at the center of sexual misconduct and assault …
UPDATED: Fri., Nov. 17, 2017, 10:22 p.m.
Local colleges want tax bill changed to help graduate students
Tax bill that passed GOP-controlled House would put graduate students in a financial pinch by taxing tuition waivers.
Thu., Nov. 16, 2017, 9:28 a.m.
Montana legislature reaches budget fix without raising taxes
Montana lawmakers have agreed to a plan to address the state’s projected $227 million budget deficit without raising taxes in a complicated mix of interconnected bills that make it nearly …
UPDATED: Wed., Nov. 15, 2017, 9:10 p.m.
GOP tax plan would erase tax deductions on lake homes
People who own vacation properties wouldn’t be able to deduct the interest paid on second-home mortgages under House Republicans’ proposed tax overhaul.
UPDATED: Wed., Nov. 15, 2017, 9:20 p.m.
House tax primer: The latest GOP plan set for Thursday vote
The House of Representatives is set to vote Thursday on an ambitious overhaul of the nation’s tax system while Senate Republicans have drafted their own proposal.
UPDATED: Mon., Nov. 13, 2017, 9:14 p.m.
Bipartisan analysis: Senate bill would hike taxes for 13.8M
Promoted as needed relief for the middle class, the Senate Republican tax overhaul actually would increase taxes for some 13.8 million moderate-income American households, a bipartisan analysis showed Monday.
UPDATED: Sun., Nov. 12, 2017, 8:48 p.m.
Chairman: House won’t agree to nix property tax deduction
The chairman of the House’s tax-writing committee said Sunday that he’s confident that chamber won’t go along with the Senate’s proposal to eliminate the deduction for property taxes, setting up …
Wed., Nov. 8, 2017, 7:01 p.m.
At the ballot box, taxpayers say repeal new taxes
Voters advise lawmakers to repeal the taxes they enacted earlier this year, but Legislature isn’t required to do it.
Mon., Nov. 6, 2017, 12:46 p.m.
Bono among figures named in leak of tax-haven documents
Leaked papers revealing investments in tax havens by the world’s wealthy suggest U2 frontman Bono used a company based in low-tax Malta to buy part of a shopping mall in …
UPDATED: Mon., Nov. 6, 2017, 9:42 a.m.
Tax plan good for everyone, McMorris Rodgers says; mostly for the rich, Democrats contend
Rep. Cathy McMorris Rodgers says House GOP tax plan means people would pay less, see wages rise. Washington Democrats say it’s good for the wealthy, not so good for the …
UPDATED: Thu., Nov. 2, 2017, 9:40 p.m.
Guide to current GOP tax overhaul proposal
Contributions to 401(k) and other retirement accounts would not change under the proposed GOP tax overhaul.
UPDATED: Thu., Nov. 2, 2017, 9:41 p.m.
Blue states will be hit hardest by GOP tax plan’s limits on deductions
The GOP tax plan’s changes to deductions would hit people in blue states hard, with limits on popular tax deductions that would have the biggest effects on people with high …
Sun., Oct. 29, 2017
Spin Control: Some answers to questions about those advisory votes on the ballot
Three advisory measures sit atop the ballot for Washington voters.
Fri., Oct. 27, 2017, 6 a.m.
Shawn Vestal: Former White House official skeptical of the ‘magic math’ of tax cuts
Jared Bernstein says there are plenty of reasons to mistrust the “fairy dust” of tax cuts. One of his strongest arguments is one of the most familiar: The past five …
Tue., Oct. 24, 2017
Samuelson: Budget primer points to problems
Americans should balance the pain of taxes with gains from government. If people want big government, they should pay for it. If they dislike higher taxes, they should cut government.
UPDATED: Mon., Oct. 23, 2017, 6:37 p.m.
Ivanka Trump says tax plan addresses needs of U.S. families
President Donald Trump’s eldest daughter on Monday channeled her roles as a working mother, entrepreneur and senior adviser to the president to help him sell his administration’s tax plan for …
UPDATED: Sun., Oct. 22, 2017, 10:14 p.m.
Trump urges House GOP to move quickly on budget, tax cuts
President Donald Trump urged House Republicans to move swiftly on passing a budget bill during a conference call Sunday, clearing the way for what he described as an historic push …