Maine Sen. Susan Collins, whose vote could make or break an effort to overhaul the nation’s tax system, offered several amendments Thursday to move the tax reform bill to the political center. Collins’ proposals to add tax breaks for medical expenses, restore some state and local tax deductions, and improve the child care tax credit […]
taxes
Posted inNation / World
Negotiations may move Susan Collins to vote ‘yes’ on tax reform bill
Updated 6:20 a.m.: Sen. Susan Collins emerged from a meeting Tuesday with President Trump and signaled she could be a “yes” vote on a sweeping tax reform bill pending in Congress. The Maine moderate previously had expressed reservations about many components of the bill, such as the expiration of tax cuts for individuals after 10 years while […]
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Democrats pull out of meeting with Donald Trump after he tweets about no deal
Updated 12:35 p.m.: The top Republicans in Congress say they’re heading to the White House Tuesday afternoon to meet with President Donald Trump even though top Democrats have backed out of the meeting. House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell said in a joint statement that Democrats are “putting government operations, particularly resources […]
Posted inNation / World
Susan Collins may be in a position to decide tax bill’s fate
President Donald Trump plans to meet Tuesday with Senate Republicans in a crucial week for his presidency and his tax plan that could decide whether he ends his first year with a major legislative achievement. Last-minute threats to the tax cuts that Trump has promised since early in his long-shot presidential campaign are looming among […]
Posted inMaine, sj-web
Tax bill's fate may depend on Maine's Susan Collins
Once again, U.S. Sen. Susan Collins may decide the fate of a major proposal touted by President Donald Trump — a tax overhaul. The Maine Republican’s vote is crucial to winning passage in the Senate of a tax bill that would slice the corporate rate and cut most household taxes during the next decade. The […]
Posted inMaine, Nation / World
Democrats prepare to target Susan Collins with tax bill robocall
Maine’s U.S. Sen. Susan Collins is facing rising pressure to oppose a federal tax reform bill that is wending its way through Congress. The National Democratic Committee will be targeting Collins, a Republican, in automated phone call to Mainers this week urging her to vote against the reform package, which they say is little more […]
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House OKs GOP tax bill in Trump win; Senate fate less clear
WASHINGTON (AP) — Republicans rammed a near $1.5 trillion package overhauling corporate and personal taxes through the House on Thursday, edging President Donald Trump and the GOP toward their first big legislative triumph in a year in which they and their voters expected much more. The near party-line 227-205 vote came as Democrats on the […]
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Susan Collins criticizes some provisions of Republican tax reform bill
WASHINGTON, D.C. — Sen. Susan Collins criticized elements of the Republican tax reform bill Wednesday, including provisions that would repeal the Affordable Care Act’s individual mandate and also sunset tax cuts for middle-class families while making corporate tax cuts permanent. The additions to the tax reform bill were made late Tuesday night, with President Trump […]
Posted inMaine, sj-web
Teachers may lose $250 tax break under GOP plan
To help defray some of the costs teachers often bear to get supplies for their classroom, Sen. Susan Collins authored a law 15 years ago that allowed them to take a tax deduction of $250 for their expenses. Last year, the Maine Republican succeeded in making the teacher tax deduction permanent so it wouldn’t have […]
Posted inMaine, sj-web
Bruce Poliquin says he favors tax overhaul plan
Citing a desire to help families and spur growth, U.S. Rep. Bruce Poliquin said Tuesday he plans to vote in favor of a controversial tax bill Thursday that critics say favors the wealthiest Americans. Poliquin, a 2nd District Republican, said he’s worked hard to make the measure “very pro-family” and a solid step forward for […]