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Quieter GOP standoff over the Trump tax cuts

House GOP unveils state budget plan with fewer tax breaks than Braun's plan. How it differs

House Republicans unveiled the outlines of their state budget proposal Friday, roughly mirroring Braun's but with a few less tax breaks.

FOX News on MSN · 23h

Trump budget bill with $4.5T in tax cuts survives key hurdle despite House GOP infighting

A mammoth bill advancing a broad range of President Donald Trump’s policy goals survived a key hurdle on Thursday, putting Republicans closer to their goal of passing a bill by sometime in May. The legislation passed the House Budget Committee on a party-line 21 to 16 vote and is expected to be taken up by the entire chamber for a floor vote later this month.

Honolulu Star-Advertiser · 14h

GOP moves to extend Trump’s 2017 tax cuts, downplaying cost

WASHINGTON >> As congressional Republicans try to extend President Donald Trump’s 2017 tax cuts, some are considering an unusual plan to make them permanent while avoiding the political pain of massive spending cuts to pay for them: Argue that they will not deepen the federal deficit.

Axios on MSN · 1d

The quieter GOP standoff over the Trump tax cuts

House and Senate Republicans are barreling toward a showdown on how much extending President Trump's 2017 tax cuts should cost. A group of senators, led by Sen. Steve Daines (R-Mont.), today threatened to vote against any tax package that doesn't make all of Trump's 2017 Tax Cut and Jobs Act "permanent.

Senate passes $22.7 billion school property tax cut package

abc13 · 17h

Texas homeowners are one step closer to receiving a property tax break after Senate approves bill

For the past several years, Republican state lawmakers have pushed to rein in rising property tax bills. That push culminated in 2023 with $12.7 billion in new tax cuts, including a boost to the state's homestead exemption and billions of dollars for school districts to reduce how much they collect in property taxes.

CBS Texas on MSN · 10h

What the Texas Homestead Exemption bill would mean for property taxes and school funding

It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's plan calls it the largest exemption increase in state history. While it could save many people hundreds of dollars on property tax bills,

Austin American-Statesman on … · 15h

'Texas-sized' relief: Senate passes $22.7 billion school property tax cut package

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax cut permanent.

The Cool Down on MSN2d

Major tax breaks for home improvements could go away soon — here's how to take advantage while you still can

President Donald Trump has threatened to dismantle the climate law, prompting some people to expedite home solar projects.

STAT16h

House panel tees up debate over cutting Medicaid to pay for tax breaks

A House budget bill does not mention Medicaid by name, but directs the committee that oversees Medicaid to come up with $880 ...

2don MSN

Republicans weigh ending Wall Street’s favorite tax break

Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

21hon MSN

College athletes could get tax breaks under new NIL bill: Will it boost Alabama’s recruiting?

If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.

Josh Kraft’s tax break for ‘good landlords’ already exists, and the Boston City Council just voted for it

Wu, who is facing a challenge by Josh Kraft in this year's mayoral race, recently slammed Kraft's characterization of the ...

19h

Report: Most Colorado hospitals spent more on community benefits than they received in tax breaks

Most hospital systems in Colorado spent more to benefit their communities than they received in tax breaks in 2022, but state ...

11h

Property tax breaks may be available to older adults

Lawmakers in Indianapolis are working on a bill to reform property taxes. While the legislature tries to come up with an answer that will provide property tax relief, local officials are encouraging ...

Forbes6d

Tax Breaks: The IRS Is Still Open For Business Edition

The Tax Reduction Act of 1975 introduced the EITC as a modest tax break to provide financial help to economically challenged working families. Over the years, the EITC has grown into the federal ...

Subcommittee approves income tax breaks

A Georgia House subcommittee recommended passage of a measure that gives a $500 tax break to married couples filing joint tax ...

Atlanta Journal-Constitution2d

Gun owners could get a tax break timed to Georgia deer hunting season

Gun enthusiasts could soon get an 11-day sales tax holiday in October to coincide with the beginning of hunting season, which Republican senators say would cut down on Georgia’s overpopulation of deer ...

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