Stories tagged: taxes
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 …
Sat., Oct. 21, 2017, 11 a.m.
Trump’s tax reform: A clarification
Last week, the Spokesman-Review published a package outlining how President Donald Trump’s proposed tax reform might impact Spokane families. This story clarifies the original story which has been updated and …
UPDATED: Fri., Oct. 20, 2017, 5:40 p.m.
Nerd Wallet: Surprise! Four things you didn’t know were taxable
Tax season begins in just a few months, which means there’s precious little time left to prevent unwelcome tax surprises next April. For many people, the blow comes when they …
Wed., Oct. 18, 2017, 9:24 a.m.
Democrats slam GOP budget on taxes, health care cuts
Senate Democrats are targeting Republicans on taxes and health care cuts, seeking to inflict political pain as the Senate moves ahead on a $4 trillion budget blueprint that’s a crucial …
UPDATED: Tue., Oct. 17, 2017, 3:40 p.m.
Senate moves ahead on GOP budget that’s key to taxes
The Senate is moving ahead on a Republican budget plan, a critical step in President Donald Trump and the party’s politically imperative drive to cut taxes and simplify the IRS …
UPDATED: Mon., Oct. 16, 2017, 7:46 p.m.
White House: $4,000 more for families with business tax cuts
By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year.
UPDATED: Thu., Oct. 12, 2017, 1:59 p.m.
Ryan blames high-tax states as GOP lawmakers balk on plan
The top House Republican on Thursday blasted high-tax states that deliver billions to the federal government as he faced a backlash from rank-and-file GOP lawmakers over a sweeping tax-cut proposal.
UPDATED: Wed., Oct. 11, 2017, 3:55 p.m.
Trump turns back to tax overhaul; pitch aimed at truckers
President Donald Trump pitched his tax plan as a boost for truckers at an event Wednesday in Pennsylvania, saying, “America first means putting American truckers first.”
UPDATED: Fri., Oct. 20, 2017, 5:06 p.m.
Trump’s tax reform: An overview
Republicans have set their legislative sights on an ambitious tax reform agenda they say will simplify the tax code while providing a break for middle-class families.
UPDATED: Tue., Oct. 10, 2017, 4:24 p.m.
Shawn Vestal: Trump’s trickle-down tax plan a boon to the rich
One in four Spokane County households lives on $25,000 or less a year. More than half of those households live on $15,000 or less, according to census data. And more …
Tue., Oct. 10, 2017
McMorris Rodgers says GOP tax plan is a ‘must,’ but critics warn of rising deficits
Rep. Cathy McMorris Rodgers says the Republicans’ proposal to overhaul the tax code will make filing simpler and put more money in consumers’ pockets. Political foes argue the plan benefits …
Wed., Oct. 4, 2017, 11:14 a.m.
Amazon must pay $295 million in back taxes, EU says
The European Union is telling member state Luxembourg to get $295 million in back taxes from Amazon, in Brussels’ latest regulatory move targeting U.S. tech companies accused of tax avoidance.
UPDATED: Sun., Oct. 1, 2017, 11:41 a.m.
Trump officials insist tax cut proposal won’t favor rich
President Donald Trump’s top advisers say his proposed tax plan would not cut taxes disproportionately for the rich – despite an early non-partisan analysis that says it will.
UPDATED: Wed., Sept. 27, 2017, 4:05 p.m.
Trump plan promises huge tax cuts, but big questions remain
President Donald Trump and congressional Republicans are proposing a far-reaching plan Wednesday that would cut taxes for individuals and corporations, simplify the tax system and nearly double the standard deduction …
UPDATED: Tue., Sept. 26, 2017, 2:33 p.m.
Trump vows to cut taxes ‘tremendously’ for middle class
WASHINGTON – President Donald Trump vowed to deliver on a major tax cut for middle-class Americans on Tuesday as the White House and congressional leaders prepared to release details on …
Mon., Sept. 25, 2017, 1:51 p.m.
Trump promising major tax reform
The White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the penalty for the wealthiest Americans, with President Donald Trump …
UPDATED: Sun., Sept. 24, 2017, 4:15 p.m.
White House says tax plan to help business, middle class
A proposed tax overhaul set to come out this week from Republicans will offer help for the middle class and businesses, President Donald Trump’s Treasury secretary said.
Sat., Sept. 23, 2017, 11:26 a.m.
Trump aims to achieve congressional balancing act on taxes
President Donald Trump says he wants to lure Democratic lawmakers to sign on to a Republican-crafted tax overhaul plan but negotiators must deal with the reality that any handouts to …
UPDATED: Tue., Sept. 19, 2017, 3:36 p.m.
GOP tentatively agrees to $1.5T plan on tax cuts
Top Republicans on a key Senate panel have reached a tentative agreement on a tax plan that would add about $1.5 trillion to the government’s $20 trillion debt over 10 …
Mon., Sept. 18, 2017, 2:44 p.m.
GOP eyes popular tax breaks to finance overhaul
Republicans straining to find about $1 trillion to finance sweeping tax cuts are homing in on two popular deductions that are woven into the nation’s fiscal fabric – the mortgage …
UPDATED: Wed., Sept. 13, 2017, 5:44 p.m.
House Republicans told tax details are coming
House and Senate tax writers plan to release an outline detailing their points of consensus with the administration on how to overhaul the tax code the week of Sept. 25, …
UPDATED: Tue., Sept. 12, 2017, 7:08 p.m.
Senate GOP struggles with deficit in work on budget, taxes
Senate Republicans are struggling with how many billions of dollars President Donald Trump’s tax code overhaul will add to the deficit as they work on a GOP budget plan that’s …
Fri., Sept. 8, 2017, 11:03 a.m.
Idaho court ruling could force Pocatello to refund millions
BOISE – The city of Pocatello could be forced to pay back millions of dollars in excess fees following a recent Idaho Supreme Court ruling. According to the unanimous opinion, …