Senate Dems pass long-awaited climate, tax and health care bill

Senate Dems pass long-awaited climate, tax and health care bill-politico:  Senate Democrats passed their signature climate, tax and health care package Sunday afternoon, handing a long-sought victory to President Joe Biden and Senate Majority Leader Chuck Schumer even as the bill hit some last-minute snags.

Analysis: Budget bill would mostly raise taxes on top 1 percent

Analysis: Budget bill would mostly raise taxes on top one percent-rollcall:  Democrats’ roughly $2 trillion tax and spending package would spell a tax cut for most households not in the top one percent of earners in 2022, an analysis from the Tax Policy Center found.

Senate Democrats’ tax options include big farm gains exemption

Senate Democrats’ tax options include big farm gains exemption-rollcall: Senate Finance Committee Democrats are considering new taxes on executive pay, stock buybacks, billionaires’ unrealized stock gains and plastic packaging materials among other options as the panel looks to cover costs of their planned $3.5 trillion budget reconciliation package.

House Democrats’ budget to assume corporate tax increase

House Democrats’ budget to assume corporate tax increase-rollcall: Rep. John Yarmuth, the new House Budget chairman, said his chamber’s budget blueprint will aim to claw back lost revenue by boosting the corporate tax rate from its current 21 percent to as high as 28 percent, with rate increases also possible for high-earning individuals.

There's no case against medical device tax repeal

There's no case against medical device tax repeal - Despite the significant progress made last year in reforming the U.S. tax code, there are still a number of meaningful tax improvements left for Congress to address. The first is repealing the medical device tax.

Senate Tax Positions Prevail in Conference, House GOP Doesn’t Care

Senate Tax Positions Prevail in Conference, House GOP Doesn’t Care-rollcall: The tax overhaul conference report looks a lot like the Senate bill. Senate negotiators prevailed on most of the major issues — and House Republicans say they’re fine with that.

Senate Finance Committee approves GOP tax reform plan

Senate Finance Committee approves GOP tax reform plan -politico: The Senate's tax-writing committee this evening approved Republicans' sweeping plan to overhaul the tax code.

House passes GOP tax bill, upping pressure on struggling Senate effort

House passes GOP tax bill, upping pressure on struggling Senate effort-washingtonpost: House Republicans on Thursday passed legislation that would overhaul the U.S. tax code, a crucial step forward in their effort to enact the centerpiece of President Trump’s economic agenda.

What could happen next on ACA taxes

What could happen next on ACA taxes-axios: Although the GOP's plan to repeal the Affordable Care Act industry taxes died with the party's health care bill, it's conventional wisdom that some of the taxes will still be delayed. But there's no plan to do so yet.

Congress Is Broken, and Staff Members Know Why

Congress Is Broken, and Staff Members Know Why-rollcall: Members of Congress will return in September to a glut of complex and technically challenging tasks, including tax policy, the debt ceiling, and Russian meddling in the 2016 election.

White House Talks Tax Outreach, but Senators Guarded

White House Talks Tax Outreach, but Senators Guarded-rollcall: The White House sees Democrats up for re-election in states President Donald Trump won as possible partners in their effort to overhaul the tax code, but Senate Republicans appear less optimistic about the chances of a bipartisan bill.

No Budget, No Tax Reform: GOP Faces Reality of Remaining Agenda

No Budget, No Tax Reform: GOP Faces Reality of Remaining Agenda-rollcall: “Clearly, no budget, no tax reform.”

Freedom Caucus Sets Up Battle With Leadership Over Taxes - See more at: http://www.rollcall.com/news/politics/freedom-caucus-tax-ideas-set-battle-leadership?utm_source=rollcallheadlines&utm_medium=email&utm_campaign=newsletters&utm_source=rollcallheadlines&utm_medium=email&utm_campaign=newsletters#sthash.ALVTGFIX.dpuf

Freedom Caucus Sets Up Battle With Leadership Over Taxes-rollcall: House Republican leaders are negotiating a tax overhaul with their counterparts in the Senate and the White House, but another group of GOP lawmakers is signaling it too must be included in any deal.

To Repeal Obamacare, Senate May Have to Keep Some of Its Taxes

To Repeal Obamacare, Senate May Have to Keep Some of Its Taxes-bloomberg: Senate Republicans crafting an Obamacare replacement are delaying one of their toughest decisions: whether to keep all of the House measure’s $664 billion in tax cuts that mostly benefit well-off Americans.

Health-Care Bill’s Tax Cuts Aren’t a Done Deal

Health-Care Bill’s Tax Cuts Aren’t a Done Deal-wsj: Don’t count on a retroactive tax cut just yet.

As GOP Tax Overhaul Shapes Up, Democrats Push To End The Tax Return - See more at: http://www.rollcall.com/news/policy/how-turbotax-made-sure-your-tax-returns-take-forever?utm_source=rollcallheadlines&utm_medium=email&utm_campaign=newsletters&utm_source=rollcallheadlines&utm_medium=email&utm_campaign=newsletters#sthash.NGB9helo.dpuf

As GOP Tax Overhaul Shapes Up, Democrats Push To End The Tax Return-rollcall: Treasury Secretary Steve Mnuchin promised the “largest tax reform in the history of our country” on Wednesday as the White House and congressional Republicans gear up for a major overhaul.

Treasury secretary says Trump to propose biggest tax cut in history

Treasury secretary says Trump to propose biggest tax cut in history-thehill: President Trump's forthcoming tax plan will be the "biggest" tax cut in history, Treasury Secretary Steven Mnuchin said Wednesday at an event hosted by The Hill.

A Key Part of the GOP’s Plan to Overhaul the Tax Code Is in Deep Trouble

A Key Part of the GOP’s Plan to Overhaul the Tax Code Is in Deep Trouble-bloomberg: Since Donald Trump’s surprise election victory, the president and Republican leaders in Congress have described tax reform as a top priority—a once-in-a-generation chance to overhaul the tax code in a way that lowers rates for companies and individuals, encourages businesses to make things at home instead of abroad, and ends incentives for companies to book profits overseas. All without raising the budget deficit.

New Ways and Means Ranking Democrat Looks for Bipartisanship in Tax Overhaul

New Ways and Means Ranking Democrat Looks for Bipartisanship in Tax Overhaul-rollcall: Rep. Richard E. Neal of Massachusetts aims to counter conservative priorities of President Donald Trump, while seeking a few shared trophies as the new top Democrat on the Ways and Means Committee.

Executive Lobbying War Breaks Out Over Border Tax Proposal

Executive Lobbying War Breaks Out Over Border Tax Proposal-morningconsult: The chief executive officers of some of America’s most iconic corporations have lined up on opposite sides of what’s quickly become an intense lobbying war over a House Republican plan to reform the tax code by taxing firms that import while exempting exporters.