Negotiators Approve Big Tax Cuts for Business
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House and Senate negotiators approved a sprawling corporate tax bill that would shower corporations and farmers in politically sensitive states with new tax cuts.
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Senate negotiators said late Wednesday afternoon that they had cleared the way for Congress to approve a new Internet access tax moratorium that will ban tariffs on most dial-up and broadband connections for the next four years.
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President George Bush Friday, without ceremony, signed into law a $136 billion US corporate tax cut bill. The bill gives tax breaks to a range of businesses from farmers to Hollywood producers to large corporations.
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LOS ANGELES -- The City Council unanimously passed a tax relief package aimed at keeping film companies and other businesses from leaving Los Angeles.
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WASHINGTON, DC -- The Senate struck a deal Monday to allow passage of a sweeping corporate tax bill. The agreement on that and two other measures clears the way for the Senate to adjourn on Monday and hit
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The US Senate on Monday passed a $136 billion corporate tax package that cuts taxes and closes loopholes. The bill, which took two years to complete, is expected to help about 200,000 US manufacturers create jobs, said Sen.
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Lawmakers agreed to extend $145 billion worth of tax cuts sought by President Bush without trying to pay for them.
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House and Senate negotiators hope to wrap up work on a major rewrite of corporate tax law that would end a nasty trade dispute with Europe while showering more than &#36;130 billion in tax breaks on a wide variety of businesses from ethanol producers to movie makers.
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A major rewrite of corporate tax law that would end a trade dispute with Europe won congressional negotiators&#39; backing yesterday after House Republicans beat back efforts to increase tobacco regulation.
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The U.S. House of Representatives overwhelmingly approved a $1.8 billion small business tax cut package on Friday aimed at winning passage of a $2.10 increase in the hourly minimum wage.
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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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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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WASHINGTON -- A major rewrite of corporate tax law that would end a trade dispute with Europe won congressional negotiators' backing yesterday after House Republicans beat back efforts to increase tobacco regulation. The measure would repeal a tax break for thousands of US exporters that the World Trade Organization ruled illegal. As a replacement, it offers more than $140 billion ...
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House and Senate negotiators reached a deal Wednesday to boost aid to college students by cutting roughly $20 billion in government subsidies to banks that issue student loans.
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The House overwhelmingly approved business tax breaks worth $1.8 billion over 10 years on Friday, a key step toward forging a congressional compromise on increasing the minimum wage. The vote on the tax cuts was 360-45.
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The US House of representatives on Thursday passed a new corporate tax bill designed to end the trade war with Europe but the bill gives more tax cuts for some business including farmers and big companies.
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US House and Senate negotiators agreed on a $146 billion tax-cut plan that includes the renewal of four breaks for middle-income families and 23 business provisions.