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GOP, Senate and Tax

GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are excluded.

USA TODAY on MSN · 1d

See the changes the Senate made on GOP tax and spend bill

The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend colleges and universities. Right now, students are considered full time and qualify for the maximum amount of aid if they take 12 credits a semester.

The Wall Street Journal on MSN · 2d

What’s in the Trump Tax Bill Passed by the Senate?

The bill proposes raising the state-and-local-tax deduction cap to $40,000 with a 1% increase every year through 2029, then reverting to $10,000 in 2030. It sets the income threshold at $500,000 and increases it by 1% annually through 2029.

3don MSN

Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

USA Today2d

How did the Senate change the GOP tax and spend bill? - USA TODAY

The Senate made several substantive changes to the House version of the GOP spending bill that the White House has decreed to be a must-pass. The modifications created a bill that had just ...

2don MSN

House Republicans race toward a final vote on Trump’s tax bill, daring critics to oppose

Republican leaders in the House are sprinting toward a Wednesday vote on President Donald Trump’s tax and spending cuts ...

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