Politics: Republicans are about to release their final tax bill — here's what to expect

Republicans are set to release the final compromise version of their massive tax bill, the Tax Cuts and Jobs Act. Republicans are set on Friday to release the final text of the compromise version of their massive tax bill. The compromise bill, crafted by GOP members of the congressional tax committees, will feature a few changes from the House and Senate versions. Republicans leaders want to vote on the bill as early as Tuesday....

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Politics: Corker and Rubio reverse course, and the GOP tax bill now looks like a slam dunk to pass

Marco Rubio tweeted that he will vote for the Republican tax reform bill, just a day after saying he would vote "no." Sen. Marco Rubio said Friday he would vote for the GOP tax bill, reversing course from his stance a day earlier. Sen. Bob Corker, the only Republican in the Senate to vote no on the original version, also said Friday he would support the bill. The pair appear to have cleared the way for final passage of the...

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Politics: Marco Rubio reverses course and gives the GOP a jolt of momentum on their massive tax bill

Marco Rubio tweeted that he will vote for the Republican tax reform bill, just a day after saying he would vote "no." Sen. Marco Rubio said Friday he would vote for the GOP tax bill, reversing course from his stance a day earlier. Rubio wanted the child tax credit to become more generous for low-income families. The Republican tax writers increased the amount of the credit that can be refunded, placating Rubio. Sen. Marco...

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Politics: Marco Rubio threatens to vote against the GOP tax bill unless leaders meet demands

Marco Rubio informed Republican leaders that the child tax credit would need to become more generous in the final tax bill or he would vote against it. Sen. Marco Rubio told GOP leaders he will not vote for their tax bill unless changes are made to the child tax credit. Rubio wants the credit to be more generous and decried the drop in the top individual tax rate in the compromise bill. Republicans can only lose two votes in the...

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Politics: The GOP tax bill will hit Americans in radically different ways depending on how they earn their money

People that are self-employed would get a huge tax break under the GOP's tax bill compared to people that make wages or salaries. The Republican tax bill proposes a significant break for pass-through businesses. A new report from the Tax Policy Center showed how married couples making the same amount of income would pay a dramatically different amount in taxes due to the change. The TPC report highlights that the tax bill sets up...

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