Taxes

American families may find themselves confused by the GOP tax proposal unveiled this week.

Terrorism, taxes and Russia tribulations provided fertile ground for President Donald Trump and others to sow confusion over the past week.

The Latest on tax legislation (all times local): 10:15 a.m.

The end of the year can mean tax headaches for some mutual-fund investors, this year potentially more so than others.

When House Republicans proposed their tax-cut plan last week, critics noted that it came with a towering price: It would swell the nation's debt by $1.5 trillion at a time when the economy is already faring well on its own and a vast generation of retiring baby boomers threatens to strain the Social Security and Medicare programs.

A New Jersey redevelopment agency has given preliminary approval to a $5.6 million payment to billionaire investor Carl Icahn to help pay for the demolition of part of Atlantic City's former Trump Plaza casino.

When House Republicans proposed their tax-cut plan last week, critics noted that it came with a towering price: It would swell the nation's debt by $1.5 trillion at a time when the economy is already faring well on its own and a vast generation of retiring baby boomers threatens to strain the Social Security and Medicare programs.

Does money roll downhill?

FBN's Stuart Varney on the exodus of taxpayers from high-tax states.

The Latest on Republican tax overhaul legislation (all times local): 12:15 p.m. President Donald Trump is promising to give Americans "a huge tax cut for Christmas."

___ Justice Dept.

U.S. Sen. Ben Sasse says Republican leaders are overstating how much passing tax-cut legislation can protect their party in next year's elections.

The ultra-wealthy, especially those with dynastic businesses — like President Donald Trump and his family — do very well under a major Republican tax bill moving in the Senate, as they do under legislation passed this week by the House.

The Senate Finance Committee has decided that a little-known provision that would change tax rules on certain securities sales shouldn't apply to mutual-fund firms.

___ Derided by critics, trickle-down economics gets another try WASHINGTON (AP) — Does money roll downhill?

Does money roll downhill?

The ultra-wealthy, especially those with dynastic businesses — like President Donald Trump and his family — do very well under a major Republican tax bill moving in the Senate, as they do under legislation passed this week by the House.

The Latest on the Republican-pushed tax overhaul legislation (all times local): ___ 6:20 a.m.

Appalachian Power Co. is asking to roll back its property tax assessment in West Virginia for the 2018 tax year, citing a combination of a mild winter followed by a mild summer that has hurt business.