More American Workers Are About to See Benefit From the GOP Tax Bill

Kelly also said the company donated an incremental $5 million to charities because of the tax reform bill. … "We applaud Congress and the president for taking this action to pass legislation, which will result in meaningful corporate income tax reform for the transportation sector in general, and for Southwest Airlines, in particular," Southwest's CEO Gary Kelly said. … Southwest Airlines employees are about to get a New Year's treat, thanks to the recently signed GOP tax bill

Recently Signed GOP Tax Bill Results in More Fallout – of the Positive Kind

Aflac Incorporated (You know, the one with the duck) has announced that because of the tax bill, they'll be increasing their retirement contributions to their employees' 401(k) plans. … We've been hearing various stories about companies so psyched by the new tax bill that they're passing it on to their employees (the AT&T $1,000 bonus to their employees was one example). … Some Aflac employees are probably feeling pretty stoked, today, thanks to the recently signed GOP tax reform bill

Actress Jenna Fischer Apologizes for Misleading Tweet About GOP Tax Bill, Proving Not Everyone in Hollywood Is a Proud Idiot

#ugh," Fisher tweeted on Saturday of the GOP's tax bill. … "I can't stop thinking about how school teachers can no longer deduct the cost of their classroom supplies on their taxes...something they shouldn't have to pay for with their own money in the first place. … The actress who played "Pam" on the hit NBC show The Office was all outrage on Saturday, and tweeted a complete lie about the bill making it harder for teachers to get the supplies they need to teach students…

Bizarre L.A. Psychologist Sends Manure to Treasury Secretary Over Tax Bill, Compares Himself to Jesus

Strong, who claims he helped organize "Occupy L.A.," told KPCC he sent Mnuchin the manure because the recently passed tax plan is "brazenly ripping off the American people. … The derangement surrounding the Republicans' tax bill victory just continues to get weirder as one Los Angeles psychologist proved when he decided to send a gift to Treasury Secretary Steve Mnuchin…

Trump Lies About Why He Signed the Tax Bill This Year

The bill also includes language to waive certain pay-as-you-go rules that the GOP tax bill would trigger because of the new debt in their tax bill, which won't be signed into law until these so-called Paygo rules are nullified with this legislation. … President Trump may not sign the tax bill until January even after congressional Republicans passed it in a rush to get it to the White House before Christmas, his top economic adviser said Tuesday. … Trump signed the tax bill yesterday evening…

Nancy Pelosi Bailed on a Scantly Attended Anti-GOP Tax Bill Protest for Fear of Her Position Being Unpopular

Pelosi had been screeching from the summit of Mt. Bullcrap that the GOP tax bill would leave the U.S. with dead and dying in the streets, but with companies now gifting their workers with bonuses, wage hikes, and investments all thanks to the GOP tax bill, Pelosi is quickly shrinking into the shadows. … Wednesday night, over 300 people were supposed to attend an anti-tax bill protest. … What was supposed to be the demonstration of the oncoming reckoning Republicans would face for their passage of the tax bill lead by Minority Leader Nancy Pelosi ended up being an embarrassing get-together that Pelosi didn't want to be seen with…

The Left’s Meltdown Over the GOP Tax Bill Inspired Corporate Bonuses Shows Their True Outlook on the People

Jeff Merkley, all took to calling the tax cuts a "heist." … We know the tax cuts will benefit the vast majority of Americans who will be able to keep more their own money. … But these upcoming $1,000 bonuses are on their way to low-level employees thanks to the passage of the GOP tax bill, which reduces everyone's taxes (except the taxes of the wealthy in high-tax blue states) as well as the taxes on corporations down to 21 percent from 35…

Greaaaat: Trump May Delay Signing Tax Bill — to Avoid Spending Cuts

President Trump may not sign the tax bill until January even after congressional Republicans passed it in a rush to get it to the White House before Christmas, his top economic adviser said Tuesday. … A report says that President Trump may delay signing the tax bill to avoid spending cuts that neither side wants … Some of you may recall that I railed against the GOP tax plan in part because I believed it sent a signal that we were never going to get serious about spending cuts to reduce the debt and deficit…

Stop Being Ridiculous: It Doesn’t Make Sense to Oppose the Tax Bill Over Trump’s Mere Signature

He routinely bragged of it being the "biggest tax cut in history" when it's not and repeatedly claimed he'd "get killed" (which nobody can confirm) by having to pay more in taxes. … Trump couldn't do that because he knows nothing of what's in the tax bill. … Whether it's an Obamacare replacement bill, naming Jerusalem as the capital of Israel, or a tax cut package, they'll line up to oppose it just because.....Trump…

Sen. Mike Lee Confirms — He’ll Vote YES on the Tax Bill

He originally withheld comment last week during Rubio's threatened vote against the bill, and then tweeted on Friday that the bill was "a big win" and he looked forward to reading the full text of the bill and "hopefully" being able to support it. … After scoring a partial victory when the bill was revised to increase the refundable portion of the credit by an additional $300 per child (less than the $900 increase the Rubio-Lee Plan wanted, but again, that's why I called it a partial victory), Rubio was back on board and said he would support the bill. … Sen. Mike Lee (R-UT) confirmed on Monday that he will vote for the Republican tax bill that is heading for a vote this week…

McCain Will Miss Tax Bill Vote; Returning to Arizona

This left the fate of the tax bill far from certain for most of this month, especially with both Sen. … Many had speculated that McCain was remaining in town in case his vote was needed for the tax bill, but it appears that the bill has sufficient support to pass without him. … Sen. John McCain (R-AZ), currently undergoing treatment for an aggressive type of brain tumor called glioblastoma, is returning home to Arizona for the Christmas holidays and will miss the vote on the Republican tax bill, which is expected to start on Tuesday in the House and then go to the Senate…

Top One-Percenter Complains That GOP Tax Bill HURTS the Wealthy

I really want to see Democrats running, nationwide, on the theme that the GOP tax bill is unfair to people who are paying on a mortgage in excess of $750,000. … Bernie Sanders claims the Democrats will run and win on a platform of raising taxes. … There have been a lot of critiques of the GOP tax plan…

The Tax Bill Failure of Trump and Why We Should Be Thankful

But because the Senate is using a special budgetary procedure to try to pass the tax bill, the Senate parliamentarian must rule that every part of the bill has a budgetary effect. … "'We are totally for this, we are 100% on board, but they need to hear from you, these conferees need to hear from you,'" Reed recounts Trump telling him, referencing the bill's conference committee members, who are hammering out the differences between the Senate and House versions of the tax bill. … It really had nothing to do with tax reform, and had no business being slipped into the tax reform bill

Tax Bill Moves to House & Senate Floor for Vote — Here Are the Details

A press release from the Senate Finance Committee celebrating the progress on the bill noted that the typical American family of four earning the median income of $73,000 would receive a tax cut of $2,059. … Revisions late this week managed to get both Senators back on board: the refundable portion of the child tax credit was increased from $1,100 to $1,400 and Corker released a statement acknowledging that he viewed the bill as "imperfect" but had decided to vote for it because he believed the overall effect to be pro-growth. … The fate of the bill was far from certain, as Republican leadership scrambled to get consensus on the bill's provisions before Democrat Doug Jones is sworn into the Alabama Senate seat at the end of the month, and the Republican's narrow 52 seat majority shrinks to 51-49…

BREAKING: Marco Rubio to Vote YES On Tax Bill (Fox, Sources)

As I said with Corker, it is essential that every Republican vote "yes" on this critical tax cut for American families. … Fox Business reports the breaking news this morning that, according to their sources, Senator Marco Rubio, who made big news yesterday threatening a "no" vote over the Child Tax Credit, will in fact vote yes…

Report: Final GOP Tax Bill Will Retain Tax Credit Allegedly Abused by Tesla Buyers

As reported here, numerous postings at Reddit and Teslarati covering a period of several years indicate that Tesla sales personnel urged buyers to claim tax credits in years when they would legally have been barred from doing so under U.S. tax law. … That is according to a report from Bloomberg, which notes that "House and Senate negotiators have agreed to spare the electric-vehicle tax credit and wind production tax credit in their compromise package, according to a Republican familiar with the process." … The final Republican tax bill on which Members of Congress in both chambers will shortly vote retains a key tax credit that has allegedly been abused and used to evade federal income taxes by electric carmaker Tesla purchasers…

BREAKING: Rubio Voting ‘No’ on GOP Tax Bill Unless Child Tax Credit is Expanded

They planned to pay for this increased credit by slightly shrinking the tax bill's proposed cut to the corporate tax rate. … Essentially, the Rubio-Lee plan would expand the child tax credit to allow millions of families to claim the credit who pay payroll taxes even if they don't earn enough to pay income taxes. … Sen. Marco Rubio (R-FL) is planning to vote against the Republican tax bill unless the child tax credit is expanded…

The Dirty, Swampy Way a Shady Tax Provision Ended Up in the House Tax Bill

In addition to being one of the world's four biggest accounting firms, which happens to provide tax avoidance advice to high net worth individuals like those using the Bermuda reinsurance loophole tax dodge, probably on the advice of Ernst & Young tax advisors, Ernst & Young also lobbies on tax issues. … That means he is the House's top tax law-writer, and the chief architect of the House tax reform bill. … Last week, RedState's Ben Howe exposed how House tax bill writers proposed nixing the adoption tax credit to "save money" while at the same time going out of their way to preserve a tax loophole benefiting Bermudan insurance companies and clever hedge fund guys who have also used it to avoid tax

McConnell on Tax Bill– WE (almost certainly) DID IT!

I think he's a great American, and has had an outstanding career, and is a truly remarkable Republican"); and some of the differences between the Senate and House versions of the tax bill ("We have to take into account the different politics, for example, of the two bodies.") … Hugh Hewitt: Can you give me a guess, a percentage, that tax bill will hit the President's desk? … Senate Majority Leader Mitch McConnell (KY) joined radio host Hugh Hewitt on his program Wednesday morning and expressed determination to see the job through as regards putting the final details on the tax reform bill and getting it to the President's desk…

Watch: Nancy Pelosi Takes GOP Tax Bill Histrionics To A Whole New Level (VIDEO)

House Minority Nancy Pelosi gave the GOP ammunition when asked during a press conference about the GOP tax bill. … Only a fool believes a modest reduction of individual tax rates and a corporate tax reduction will have people dropping dead in the streets. … While the GOP Congress considers a relatively modest tax cut plan, the left remains true to form, writing off anything Republicans do as a death knell for the average American…

The GOP Tax Bill: A Betrayal of Conservative Values

Even if the final bill irons everything out to where I personally get a tax cut and not a tax hike, I would still oppose a plan that raised taxes on anyone in the middle class to give a tax raise to the super-rich. … 2. THE BILL HIKES TAXES ON THE PROFESSIONAL MIDDLE CLASS TO GIVE TAX BREAKS TO SUPER-WEALTHY DONORS … It is worth quoting at length because it sets forth the case against the tax bill as an engine of growth that will allow tax cuts to "pay for themselves"…

TAX BILL: Ted Cruz Strikes a Blow for Families With Children

The favoritism the tax code has shown public schools is simply unconscionable. … I figure in the long run the 45% of the population that pays no federal income tax will continue to do so and those of us who do pay will continue to do so. … I haven't followed the whole tax debate all that closely…

TAX BILL: Rand Paul Comments on Passage of Senate Plan

The tax code will still be a complex mess even after the passage of this bill. … Unless the House passes a new bill that matches the Senate plan, the next step is a conference committee where differences get hammered out. … Liberals are in total freakout mode this morning as the Senate passed their version of a tax cut bill last night…

TAX BILL: Merkley Amendment … Passes?

And the roll call vote is now underway on the tax bill itself. … The new endowment tax, part of the House and Senate tax proposals, initially hit private colleges whose endowments are worth more than $250,000 per full-time student, according to a Bloomberg analysis. … 4 percent tax on investment income from university endowments…

Why Do Dems Hate the Tax Bill? “It’s Too Good,” Says Trump

They said they could not support the bill over concerns that it would add to the deficit. … After Senators Ron Johnson of Wisconsin and Steve Daines of Montana agreed to support the bill, two holdouts remained: Senator Jeff Flake of Arizona and Sen. … Word on The Hill is not only do Senate Republicans have the votes to pass their sweeping tax reform bill, but they may hold the vote tonight, no doubt opening the door to dire warnings and existential angst from Democrats…

John McCain Announces Critical Vote Needed for Tax Bill

McCain's support is also significant in light of his history with Republican tax reform measures, having voted in 2001 and 2003 he voted against the Bush tax cuts. … "After careful thought and consideration, I have decided to support the Senate tax reform bill," McCain said in a statement. … Sen. John McCain (R - Ariz.) announced Thursday he plans to vote for the Republican tax plan…

Big Tuna Scores Big in House Tax Bill

The tuna credit may stay or go, depending on whether the Senate can pass a tax bill, and then what provisions are agreed in conference. … Ron Wyden-- who is exceedingly unlikely to vote for the Senate tax bill, whether or not it contains provisions benefiting StarKist. … In the aftermath of the House's passage of its tax reform bill last week, reporters and researchers are starting to pore through the content and finding some provisions that smell... fishy…

Rand Paul Says GOP Tax Bill Isn’t Perfect, but It’s Earned His Approval

This tax bill is a true test for my colleagues. … That's why you hear arguments about how much a tax cut "costs," or big government advocates disingenuously and breathlessly complaining about the people who pay taxes getting a tax cut. … But not with the upcoming GOP tax bill