Senate Tax Plan Differs From House on Individual Rates, Timing of Corporate Rate Cut | RSS News Feed

Senate Tax Plan Differs From House on Individual Rates, Timing of Corporate Rate Cut - Latest News

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Iowa Senate GOP unveils tax overhaul Plan would cut tax burdens by $1 billion annually

DES MOINES — Majority Senate Republicans unveiled a sweeping tax-relief plan Wednesday that will cut individual ... the corporate income tax rate will come down from 12 percent to 7 percent. The number of brackets will be compressed from nine rates ... read more

Iowa Senate Republicans unveil tax overhaul plan

Here's the view from each side: Iowa’s top individual income tax rate would be lowered from 8.98 to 6.3 percent and the corporate ... Iowa House to work off the governor’s plan and the new Senate GOP blueprint rather than devise a third tax-cut proposal. read more

Senate Republicans are taking a shot at a huge tax bill — here are all the changes

Senate ... it differs from the House: Delays the massive corporate tax rate cut: The bill would wait until 2019 to slash the corporate tax rate to 20% from the current 35%. This would help the bill's immediate deficit impact. Keeps the number of individual ... read more

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Here's what's in the Senate tax bill - and how it differs from the House's bill

Meantime, here are key ways the Senate bill would affect individuals and businesses, and how it differs from the House legislation. FOR INDIVIDUALS Changes individual ... rate ... in a year: Like the House bill, the Senate bill would cut the corporate tax ... read more

Factbox: How the U.S. Senate and House tax proposals differ

Here are the major provisions that differ significantly. CORPORATE TAX CHANGES CORPORATE RATE: The House plan would immediately cut ... the rates at 14 percent and 7 percent, respectively. INDIVIDUAL AND FAMILY TAX CHANGES TAX BRACKETS: The Senate version ... read more

What does the Senate tax plan mean for you?

The corporate rate cut, from 35 percent to 20 percent, will be permanent. The Senate bill is not the final word. The Senate's and House's tax bills have big ... Here's how the Senate plan could affect you: 2017 rates versus your rate under the Senate ... read more

House, Senate have big differences to bridge on tax plans

Cutting the corporate tax rate Reducing the corporate tax rate to 20 percent, from 35 percent, is at the center of both the House and the Senate tax plans. How soon they get there is the only difference ... To cut business and individual tax rates and ... read more

Senate Tax Plan Now Includes Making Individual Tax Cuts Temporary

Corporate ... make the new individual tax rates permanent — and use special budgetary rules to pass the package with a simple-majority vote and prevent Democrats from using a filibuster. The Senate bill also reduces the corporate tax rate from 35 percent ... read more

Factbox - How the U.S. Senate and House tax proposals differ

Here are the major provisions that differ significantly. CORPORATE RATE: The House plan would immediately cut ... from individual taxes. That translates to a 30 percent tax rate for high-income filers. REPATRIATION OF OVERSEAS EARNINGS: The Senate imposes ... read more

Here’s What’s in the Senate Tax Bill – and How it Differs from the House’s Bill

The final Senate bill differs from the tax bill passed ... people might decide to skip buying insurance. Cut the corporate rate … in a year: Like the House bill, the Senate bill would cut the corporate tax rate to 20% from 35% today. read more


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