NSBA provides a detailed analysis on the recently-released Tax Cuts and Jobs Act of 2017 (H.R. 1) which would have significant impacts on numerous sectors of the economy.
Tag Archive: Individual Tax Rates
Since returning from summer recess, Congressional leaders and the Trump Administration have been focused on tax reform with the so-called "Big Six" aiming to share an outline of their plan with tax-writers by the end of this month.
NSBA recently sent a detailed letter urging the Senate Finance Committee to embrace bipartisan, revenue neutral tax reform that eases complexity, broadens the base and lowers rates.
On June 20, House Speaker Paul Ryan (R-Wis.) delivered a speech reiterating the principles of the House Republican tax reform...
Policymakers continue to discuss tax reform, with House Republicans touting their Blueprint and President Trump calling for broad tax reform in his recent address to Congress.
Recently, Republican presidential nominee Donald Trump released a recalibrated tax plan with still unclear language regarding pass-through entities.
Last week, Rep. Devin Nunes introduced a bill to change business taxes into a cash-flow tax, and cap corporate and pass-through rates at 29 and 25 percent, respectively.
Last week, Republican Sens. Marco Rubio (Fla.) and Mike Lee (Utah) released a detailed plan to overhaul the existing tax code which focuses largely on the business portion of the code.