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The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
Specifically, individual taxpayers may claim an income tax credit up to $250 for a local newspaper subscription. The bill also allows local newspaper employers a payroll tax credit for wages paid to an employee for service as a journalist and certain small businesses a tax credit for local newspaper and media advertising expenses. H.R. 8424
The bills of the 117th United States Congress list includes proposed federal laws that were introduced in the 117th United States Congress.. The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the lower house known as the House of Representatives and the upper house known as the Senate.
President Trump signed the massive $1.5 trillion tax overhaul into law on Friday, ... Trump signs tax, government spending bills into law. Thomson Reuters. December 22, 2017 at 11:13 AM.
The plan calls for at least $1.5 trillion in spending cuts, a $4.5 trillion overhaul of the tax code and a $4 trillion increase to the national debt limit – none of which is included in the ...
For individuals with taxable income of $400,000 per year or less ($450,000 for a married couple on a joint tax return, both thresholds to be indexed for inflation after 2013), [2] the tax rates for income, capital gains, and dividends remained at their 2003-2012 levels, instead of reverting to the higher rates from the expiration of the Bush ...
The law created what would become some of the most important modern provisions in the tax code, including the child tax credit, the Roth IRA, and the education savings account. George W. Bush ...
For the bill to become law, both houses must agree to identical versions of the bill. After passage by both houses, a bill is enrolled and sent to the president for signature or veto. Bills from the 115th Congress that have successfully completed this process become public laws, listed as Acts of the 115th United States Congress.