Trump, tax and budget bill
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Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.
Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it becomes clear: The rates Americans pay will now depend less on how much money they make,
Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable tax break for start-up investors.
Key provisions in the president’s signature legislation will take effect at different times over several years.
The move reveals both the power of philanthropic groups to sway legislators and a split in the administration’s coalition.
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Trump's legislation narrowly cleared Congress. Now the administration is facing the challenge of selling it to the public.
Senior Freeze property tax payments are going out this week, the Treasury Department said Wednesday. This is only the first round of payments, the state said. More will be processed each week. The application process for the benefit has changed.