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


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

WASHINGTON -- Senate Republicans unveiled a proposal to overhaul the U.S. tax code Thursday that breaks in significant ways with a comparable House tax plan, including the level of top individual tax ... read more

What's in the Senate Republicans' tax bill

Some of the Senate GOP proposals will be welcomed by critics of the House bill. For instance, Senate tax writers will not propose curbing the mortgage interest deduction. But others will raise hackles ... read more

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

CORPORATE RATE: The House plan ... individual taxes. That translates to a 30 percent tax rate for high-income filers. REPATRIATION OF OVERSEAS EARNINGS: The Senate imposes a tax of 12 percent for liqu... read more

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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 ... read more


Senate plan to scrap income and property tax deductions would be a blow to Californians

Both the Senate and House plans would lower the corporate tax rate from 35% to 20%, but the House would make the cut immediately ... There are also key differences in how new individual rates would be ... read more

Senate Republicans Have Their Own Tax Reform Plan. Here's How It Differs From the House Bill

The Senate ... tax system seeks to help many of the groups that felt left behind by the House tax plan that was released last week. While both proposals double the standard deduction, lower tax rates ... read more

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 ... read more

Senate GOP unveils tax proposal, keeping 7 tax brackets

The House proposal gradually lowers the corporate tax rate ... Senate proposal has seven rates for individual incomes taxes — 10 percent, 12 percent, 22.5 percent, 25 percent, 32.5 percent, 35 percent ... read more

House Republicans Push to Lock In Tax Cuts Past 2025

To hit that target and avoid creating uncertainty for businesses counting on a permanent corporate-tax-rate cut, Republicans chose to put expiration dates on the major individual-tax provisions. That ... read more

Here are the 5 major differences between the House and Senate versions of the GOP tax plan

The centerpiece of the House and Senate bills is a huge cut in the corporate tax rate to 20% from 35%. But they differ on when that ... The Senate plan would continue taxing pass-through businesses at ... read more

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

Senate Republicans' proposal to rewrite the tax code breaks significantly with the one crafted by the House GOP, confronting party leaders with dozens of differences to reconcile and little time befor... 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 ... read more



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