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GOP, Senate and Tax

GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are excluded.

USA TODAY on MSN · 1d

See the changes the Senate made on GOP tax and spend bill

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend colleges and universities. Right now, students are considered full time and qualify for the maximum amount of aid if they take 12 credits a semester.

The Wall Street Journal on MSN · 2d

What’s in the Trump Tax Bill Passed by the Senate?

The bill proposes raising the state-and-local-tax deduction cap to $40,000 with a 1% increase every year through 2029, then reverting to $10,000 in 2030. It sets the income threshold at $500,000 and increases it by 1% annually through 2029.

1don MSN

How a GOP rift over tech regulation doomed a ban on state AI laws in Trump’s tax bill

A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives ...

USA Today3d

How did the Senate change the GOP tax and spend bill? - USA TODAY

The Senate made several substantive changes to the House version of the GOP spending bill that the White House has decreed to be a must-pass. The modifications created a bill that had just ...

4don MSN

Senate GOP tax bill could crush wind and solar power, advocates say

A Republican plan heading to a vote in the Senate would quickly end incentives for clean energy and impose new taxes on some ...

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