Trump, GOP Roll Out Tax Plan; Cuts Rates, Doubles DeductionPresident Donald Trump and congressional Republicans are rolling out a wide-ranging plan to cut taxes for individuals and corporations, simplify the tax system, and likely double the standard deduction used by most Americans.
GOP, White House Prepare To Roll Out Tax CutsThe White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the levy for the wealthiest Americans. President Donald Trump is ready to roll out the policy proposal at midweek.
Tax Overhaul Effort Lacks Advantages Reagan Enjoyed In 1986The situation facing President Donald Trump features no advantages. His party is divided and his congressional leadership is weakened after the health care debacle.
Texas Senator Ted Cruz Talks Taxes, Trade, Refugees In Fort WorthSen. Cruz says he's glad that Congress is poised to repeal and replace Obamacare, pass tax reform and eliminate many Obama-era regulations.
Top 5 Ways The Trump Administration Could Affect Your Wallet"If Mr. Trump gets what he wants done, it will be quite dramatic," said Dallas tax lawyer Garrett Gregory speaking about the tax changes Trump touted during his campaign.
Gov. Abbott Signs $3.8B Tax Cut Package Into LawThe Republican made slashing taxes a top priority of his first legislative session as governor, and headed to an Austin technology firm for Monday's signing ceremony.
Tax Cut Deal Struck With End Of Texas Legislature In SightA newly struck budget deal is giving new Republican Gov. Greg Abbott the tax cuts he demanded but remains blemished by skepticism that Texas homeowners will notice any savings.
Texas Senate OKs Budget, But Long Way To Abbott's Desk AheadWith seven weeks left, the real wrangling in Republican Gov. Greg Abbott's first session now begins.
House Republicans: Cut Texas Sales Tax Rate, Not Property TaxesTexas would cut its sales tax rate for the first time in history under a House Republican plan that scraps homeowner tax relief sought by Gov. Greg Abbott.
Following 18-Hour Debate, Texas Budget Battle Has Only Begun The budget plan bursts with big wins for Texas Republicans: more border security dollars, room for tax cuts and new jabs at abortion providers.
Funding Battle Brewing As Billions Left Unspent In Texas House BudgetBillions of available dollars remain unspent under a House budget that sets up battles over tax cuts and extra money for roads and classrooms in the final two months of the Legislature.
Lt. Gov. Patrick: Nix In-State Tuition Law, Prosecutor Unit FundingPatrick pledged hefty property and business tax cuts, as well pushing to scrap a popular 2001 Texas law offering in-state university tuition to the children of people who came to the U.S. illegally.