Tax Reform

As Republican tax vote nears, more senators waver

President Donald Trump’s drive to win passage of a sweeping Republican tax bill in the U.S. Congress hit potential obstacles on Thursday as two more Republican senators insisted on changes, joining a list of lawmakers whose support is uncertain.

White House says will work with Rubio on child tax credit

The White House said on Thursday it would continue to work with Republican Senator Marco Rubio as he seeks a further expansion of a child tax credit in a tax overhaul bill, but that it was proud lawmakers were already considering doubling it.

GOP agrees to lower top tax rate for individuals

Congressional aides say Republican negotiators have agreed to lower the top tax rate for individuals from 39.6 percent to 37 percent as the final parameters of a sweeping tax package are starting to take shape.

Business world is 180 degrees from where it was under Obama admin: Bob Nardelli

Well before he entered 1600 Pennsylvania Avenue, Donald Trump promised that if he were elected president, he would deliver major economic growth and “the biggest tax cuts since Ronald Reagan" -- a feat that Congress is weeks, possibly days, from delivering on, marking the first major legislative achievement for the now-president.