Corporate Tax Bill Passes House
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The House on Thursday passed the most sweeping rewrite of corporate tax law in nearly two decades, a measure designed to end a nasty trade war with Europe and shower $136 billion in new tax breaks on businesses, farmers and other groups.</
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WASHINGTON -- The Senate cleared the way for an increase in the minimum wage Tuesday, but only with business tax breaks that House Democrats want removed.
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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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The 292-97 roll call Friday by which the House passed a student loan bill.
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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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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 U.S. House of Representatives on Thursday overwhelmingly passed a compromise measure to increase the federal minimum wage for the first time in a decade -- and provide billions of dollars in tax breaks to help businesses pay for it. The vote was 348-73.
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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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Supporters of a major rewrite of corporate tax law are optimistic they will be able to complete congressional action this week on legislation needed
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WASHINGTON - President Bush cleared the way for $136 billion in new tax breaks on businesses, farmers and other groups yesterday, quietly signing the most sweeping rewrite of corporate-tax law since 1986.
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The Senate on Sunday removed the last major hurdle stalling passage of the most sweeping overhaul of corporate taxes in nearly two decades.
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U.S. Senate and House of Representatives negotiators agreed on Wednesday on a huge corporate tax bill that will repeal export subsidies that violate global trade rules and give manufacturers a new tax break.
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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 US Congress approved a $145 billion bill providing 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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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 House of Representatives on Friday passed a bill to overhaul the nation's patent system, overcoming objections by many Republicans, small inventors and some labor unions.