Menu

45ae59f6be38e421749b1804ad67ec3f Archive

Lobbyists Push and Pull on Proposed Tax Increases

TweetShareSharePin0 Shares Big Pharma: Don’t raise taxes on makers of COVID-19 vaccines. Pharmaceutical companies are telling Congress that the global minimum corporate tax could raise their taxes by hundreds of millions of dollars every year. They say the financial hit is unfair, given how fast they developed and produced vaccines against COVID-19. Will the message

Lawmakers Still Feuding Over… Lawmaking.

TweetShareSharePin0 Shares Darkness before…what?  Bipartisan negotiators had hoped to have an agreement by yesterday on a big infrastructure bill. Instead, public feuding continued over how to fund the measure and how to spend the money. Making matters worse, former president Trump has weighed in, urging Hill Republicans to walk away from talks until 2022. Majority

Still Talking, A Warning, And A Target

TweetShareSharePin0 Shares One stop short of an infrastructure deal? That bipartisan group of senators still hopes to have an agreement as soon as today, but differences remain. GOP Sen. Rob Portman says one hang-up has been how much to spend on mass transit—Democrats want to spend more and Republicans want to spend less. Negotiators still

Ongoing Infrastructure Talks, Making A Debt Limit Ultimatum

TweetShareSharePin0 Shares Infrastructure Day soon. Maybe. But not yet. Those bipartisan Senate negotiators say they have made “significant progress” and hope to have a specific infrastructure plan “in the coming days.” Yesterday, Republicans blocked the Senate from opening debate on the still-undrafted bill. Majority Leader Chuck Schumer will try again to bring up the plan

Corporate Audits, Free Filing, and Federal Aid

TweetShareSharePin0 Shares Corporations have been claiming more “uncertain” tax breaks in recent years.  With IRS  audits down, corporations are being increasingly aggressive in their tax positions, according to  a Washington Post analysis of corporate filings. The IRS used to audit nearly every  large corporation tax return, but it now audits only about half.  As a

A Wednesday Deadline for an Infrastructure Deal?

TweetShareSharePin0 Shares Setting Senate deadlines. Majority Leader Chuck Schumer scheduled a test vote for next  Wednesday on a roughly $1 trillion infrastructure package, even though the bill hasn’t been written yet. And he’s pushing Democrats to resolve disputes by next week over details of the $3.5 trillion budget reconciliation bill he wants to use to

Paying for Partisanship? | Tax Policy Center

TweetShareSharePin0 Shares Sen. Manchin on infrastructure: Everything should be paid for. The West Virginia Democrat told reporters that “we’ve put enough free money out.” He won’t publicly  commit to a top line number for an “inevitable” Democratic-only bill to complement a traditional infrastructure-only measure but said he’d vote for something between $1 trillion and $2
You cannot copy content of this page
Social Media Auto Publish Powered By : XYZScripts.com