Corporate Tax Bill Nears Final Approval
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Supporters of a major rewrite of corporate tax law are optimistic they will be able to complete congressional action this week on legislation needed to end a bitter trade fight with Europe and shower &#36;130 billion in new tax breaks on businesses.
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Energy bill passes. Fossil-fuel companies continue to get tax breaks.
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A committee working on tax bills passed by the US House of Representatives and US Senate failed to agree on key tobacco-related provisions, Reuters reported Oct. 5. The corporate tax bill passed by the Senate
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The US Senate easily gave final congressional approval on Monday to a huge corporate tax bill that aims to end a trade fight with the European Union by repealing US export
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Congressional Democrats and Bush administration reach tentative deal on $300-$1,200 tax rebates and business tax cuts.
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The Senate is expected to follow the lead of the House and pass a major overhaul of corporate tax law that would dole out &#36;136 billion in new tax breaks to a wide array of U.S. companies and provide a &#36;10.1 billion buyout for the nation's tobacco farmers.
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Sen. Mary Landrieu, D-La., ended her stalling tactics on a corporate tax bill Monday after Senate leaders agreed to pass a modified version of her proposal to give tax breaks
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Election year politics result in the passing of a multi-billion dollar tax cut package. The Senate overwhelmingly approved the measure 92-3 last night.
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The Senate cleared a path on Sunday for a bill to hand out about $140 billion in corporate tax breaks, but it was blocked from a final vote by a fight over a provision aimed at helping reservists on duty in Iraq.
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WASHINGTON In an act of pre-election largess, US House and Senate negotiators have approved a sprawling corporate tax bill that would shower corporations and farmers in politically sensitive states with about $145-billion worth of new tax cuts.
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WASHINGTON -- The Senate passed a far-reaching, $136 billion corporate tax package today that cuts taxes for businesses ranging from film companies to bow and arrow makers while closing tax loopholes and bringing US exporters in line with international
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The Senate, after a weekend of behind-the-scenes negotiations, struck a deal to allow passage of a sweeping corporate tax bill and spending measures for disaster relief and homeland security.
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President George W. Bush signed a $136 billion corporate tax relief bill yesterday that could provide substantial savings for some of Massachusetts' biggest manufacturers, life sciences companies, and even some fishermen.
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Key provisions of the corporate tax bill debated Thursday by the House with cost estimates over 10 years from the Joint Committee on Taxation:
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The House of Representatives on Wednesday gave overwhelming final approval to a bill that would ensure millions of middle income taxpayers do not become ensnared by a tax originally designed for millionaires.
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_ The Senate is expected to follow the lead of the House and pass a major overhaul of corporate tax law that would dole out $136 billion in new tax breaks to a wide array of US companies and provide a $10.
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WASHINGTON - The Senate, in an unusual Sunday session, saw its effort to pass a sweeping corporate tax bill grind to a halt in the face of delaying tactics by a Louisiana senator upset that the measure did not include pay support for members of the Reserves and National Guard.    By a 66-14 vote, lawmakers did agree to limit debate on the tax bill, which provides $136 billion in new tax breaks for businesses $10.1 billion to buy out tobacco farmers' government quotas...