Campaigns · 117th Congress
Lobbyists pony up in race for Ways and Means GOP leader
Jason Smith, who is seeking his sixth term, with $1 million from registered federal lobbyists and affiliated PACs.
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Congress · 117th Congress
Republicans split on adding semiconductor tax breaks to competition bill
incentives along with a provision allowing companies to again fully and immediately deduct their research and development expenses after a 2017 law change required expensing over five years starting on Jan. 1,
Congress · 117th Congress
Bipartisan heat ramps up over stalled research tax break
Meanwhile, Lockheed said that if the change isn’t reversed retroactive to Jan. 1, 2022, it would reduce the company’s operating cash by $500 million this year.
Policy · 117th Congress
Lawmakers see alternatives to Russian energy in their districts
Less than 1 percent of the uranium used in 2019 for U.S. nuclear power plants came from domestic sources, EIA data shows.
Congress · 117th Congress
Ways and Means contenders pony up for GOP campaign arm
The announcement from Buchanan’s campaign Wednesday said he told House Republicans that he expected a March 26 fundraiser at his Sarasota, Fla., home to bring in $1 million for the NRCC.
Congress · 117th Congress
Contenders vie for top Ways and Means GOP slot after Nunes exit
Smith described trade as “probably the No. 1 issue” that led him to depart the Agriculture Committee for Ways and Means.
Campaigns · 117th Congress
Nebraska: New lines, new indictment, same race ratings
He was first elected in 2016 by 1 point, reelected in 2018 by 2 points and won by a wider 5 points in 2020. Two Democrats, state Sen.
Congress · 117th Congress
Child tax credits roll out amid tech woes, opt-out concerns
About 1 million individuals have opted out so far, according to the senior administration official.
Congress · 117th Congress
House Republicans, Yellen spar over Biden tax proposals
Several Republicans mentioned opposition to Biden’s proposal to eliminate stepped-up basis on assets above $1 million, saying it doesn’t do enough to protect family farms and small businesses even
Congress · 117th Congress
Distrust of IRS drives GOP critique of Biden tax enforcement plan
Their bill would apply a 10 percentage point tax to income above $1 million for individuals and $2 million for married couples.
Congress · 117th Congress
Gig workers would pay higher taxes under coronavirus aid bill
insert by Democrats looking to offset the cost of their coronavirus aid package would send tax collectors into the gig economy, eventually costing Uber and DoorDash drivers, Airbnb hosts and others about $1
Congress · 117th Congress
Election vote divides Republicans as party wrestles with post-Trump identity
[jwp-video n=”1″] Wyoming Republican Rep. Liz Cheney, who leads the House Republican Conference, voted against the objections.