individual tax cuts

WASHINGTON | Debate on new tax cuts undercut by GOP election pressure

WASHINGTON  — House lawmakers on Thursday debated a Republican proposal to expand the new tax law by making permanent the individual tax cuts now set to expire in 2026. But the move is undercut by election pressures faced by GOP lawmakers from high-tax states where residents are hurt by the law’s limits on state and … Continue reading WASHINGTON | Debate on new tax cuts undercut by GOP election pressure

WASHINGTON | House Republicans seek permanent tax cuts as elections loom

WASHINGTON — House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress last year. They’re aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. With midterm elections barely two months away, the second crack at tax cuts outlined Monday … Continue reading WASHINGTON | House Republicans seek permanent tax cuts as elections loom