Congress's Last Acts Include Tax Breaks
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The rancorous 109th Congress adjourned yesterday morning with final passage of measures to expand civilian nuclear trade with India, establish permanent trade relations with Vietnam and extend a bevy of expiring business tax breaks.
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Several important new tax laws that have passed Congress during this fall&#39;s pre-election period. Two major tax laws have been approved: the Working Families Tax Relief Act of 2004 and the American Jobs Creation Act of 2004 .
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One stage in the life of bills making their way through Congress has been shoved aside recently.
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The House and Senate last night overwhelmingly voted to extend three tax cuts aimed at the middle class along with a bevy of business-tax breaks, sending President Bush a
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The US Senate on Monday passed a corporate tax bill that would dole out 136 billion dollars in new tax breaks to a wide array of US companies.
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The move sends President Bush a 650-page measure that reduces taxes for domestic manufacturers, builders and even Hollywood studios and doles out scores of tax breaks for interests groups.
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Congress gave final approval Monday to a 10-year, $136 billion package of business tax breaks that represents the biggest change in the corporate tax code in two decades
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WASHINGTON -- Congress Monday approved a $136 billion in new corporate tax breaks and a buyout for tobacco farmers as part of legislation that eliminates an export tax credit ruled illegal by the World Trade Organization.
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The US Congress has agreed in principle a huge corporate tax bill providing tax breaks for manufacturers in return for repealing export subsidies.
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Fueled in part by election-year politics, a bill loaded with tax breaks and topped off by a $10.1 billion buyout for tobacco farmers was advancing toward a final vote in the House as early as today.
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WASHINGTON - Congress overwhelmingly approved $146 billion in middle-class and business tax cuts Thursday night, handing President Bush a big victory 40 days before the election.
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WASHINGTON - The U.S. House of Representatives on Friday approved a compromise version of a moratorium on Internet-only taxes, the last step needed before the bill is sent to President George Bush.
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The U.S. Congress on Thursday agreed  to extend popular tax cuts for children and married couples,  giving President Bush an election-year victory on his core  economic issue.
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WASHINGTON -- Democrats in Congress are preparing a long-awaited plan that seeks to deliver a major tax break to millions of middle-class families -- paid for by raising taxes on upper-income earners.
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Congress is now poised to hand President Bush an election-year tax cut victory after Senate and House of Representatives negotiators on Wednesday night agreed to extend popular tax breaks for children and couples for five years.
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Congress has some seasonal tax goodies for you.
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The first of several free-trade proposals facing this Congress is about to be passed. But it may well be the last &#13;&#10;