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tax reform

Richard Corcoran, Paul Renner support tax amendment

in Statewide/Top Headlines by

House Speaker Richard Corcoran says he supports Gov. Rick Scott‘s call for a “constitutional amendment requiring super majorities to pass any future tax increases.” “For almost seven years we’ve worked alongside our Governor to bring common sense back to governing. We cut taxes. We cut regulations. We cut fees. Now we need to make sure the taxpayers’ pocketbooks are protected,” the Land O’ Lakes Republican said in a Monday statement.

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American Action Network releases digital ads in congressional districts of Brian Mast, Carlos Curbelo

in 2017 by

The American Action Network is continuing its ad blitz, releasing a second digital ad in two Florida districts to promote tax reform. The $250,000 digital ad campaign is part of a multi-million dollar effort to advance tax reform in Congress. The ad — which will run on online platforms in the congressional districts of Reps. Carlos Curbelo and Brian Mast — is the second in a series of advertisements featuring Douglas Holtz-Eakin, the American Action Forum president and economist. In the 60-second…

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Americans for Prosperity launches ad calling on Congress to scrap border adjustment tax

in 2017 by

A new ad from Americans for Prosperity is calling on Congress to ax the border adjustment tax provision included in House leadership tax reform proposals. The organization launched the national, six-figure ad buy Monday. The ad 30-second spots are expected to air on cable news, and encourage the public to call on their lawmakers to scrap the provision. “Imposing a massive 20-percent import tax is the wrong approach. A border adjustment tax would harm hard working families that deserve relief…

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Congress seen as not likely to pass tax overhaul quickly

in 2017/Top Headlines by

After their humiliating loss on health care, Republicans in Congress could use a quick victory on a big issue. It won’t be an overhaul of the tax code. Overhauling the tax code could prove harder to accomplish than repealing and replacing Barack Obama‘s health law. Congressional Republicans are divided on significant issues, especially a new tax on imports embraced by House Speaker Paul Ryan. And the White House is sending contradicting signals on the new tax, adding to the uncertainty.…

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Marco Rubio, Mike Lee, push their ‘parent penalty’ tax reform issue with leadership

in 2017/Top Headlines by

Contending that parents are double-taxed for children, Florida’s U.S. Sen. Marco Rubio and Utah’s Mike Lee are again pushing a plan to eliminate the so-called “parent penalty” in tax reform, with a letter to leaders of the U.S. Senate and House of Representatives. “Our tax code today treats parents unfairly. The payroll taxes that help pay for federal retirement benefits fall on American parents who simultaneously bear the financial cost of raising their children, the next generation of workers whose…

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GOP: Cut taxes, change brackets; but what about deficits

in 2017/Top Headlines by

Congressional Republicans are planning a massive overhaul of the nation’s tax system, a heavy political lift that could ultimately affect families at every income level and businesses of every size. Their goal is to simplify a complicated tax code that rewards wealthy people with smart accountants, and corporations that can easily shift profits — and jobs — overseas. It won’t be easy. The last time it was done was 30 years ago. Senate Majority Leader Mitch McConnell, R-Ky., and Speaker…

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Vern Buchanan writes GOP congressional leaders to push for tax reform

in The Bay and the 'Burg/Top Headlines by

Sarasota Republican Congressman Vern Buchanan is hoping when the GOP-led Congress returns for a new session in January with President Donald Trump ensconced in the White House, congressional leaders will push hard to reform the tax code. “Tax reform will help Americans get a job, make more money and spend less time doing their taxes,” Buchanan writes in a letter issued Monday to House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell. “It’s time to give the American people a break…

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