From the West Alabama Newsroom– Its a busy time of year for some area charities as taxpayers who are looking to save money on their taxes rush to make donations. Tax professionals say giving to charity is a good way for tax payers to save on their taxes. Officials at the Selma Area Food Bank say donations are looking up….
Sen. John McCain says he’s decided to support the Senate tax bill. The Arizona Republican’s announcement gives a boost to GOP leaders hoping to push the measure through the chamber this week. McCain says the tax legislation is “far from perfect.” But he said it would spur the economy and ease the tax burden for middle class families. McCain was…
The House and Senate tax overhaul plans are broadly similar, but crucial differences are creating headaches for Republican leaders determined to keep myriad interest groups and factions of the GOP satisfied. And then there’s the ambitious timetable of finishing in time to get legislation to President Donald Trump by Christmas. The most politically challenging decisions involve dealing with popular and…
(AP Photo/LM Otero)President Donald Trump opened his address to a joint session of Congress by condemning the recent threats against Jewish community centers and a fatal shooting in Kansas being investigated as a hate crime. Trump on Tuesday said that “while we may be a nation divided on policies, we are a country that stands united in condemning hate and…
House Republicans face opposition to their plan to overhaul the way corporations pay federal taxes from a powerful group of lawmakers – other Republicans. The Senate’s No. 2 Republican and the chamber’s top Republican tax-writer have both been critical. And President Donald Trump says he doesn’t love it. The House GOP plan would scrap the 35 percent tax on corporate…
Starting the 1st of the year, 9 states will see changes in their gas taxes, and more than a dozen other states will look at possibly doing the same. Georgia and Florida are among the 7 states that can expect to see higher prices at the pump. But as for Alabama, there has been no word of higher gas taxes…
The federal government recorded a small budget surplus in June, but the deficit so far this budget year is still running 26.7 percent higher than a year ago. The Treasury Department says the government ran a $6.3 billion surplus in June, a month that is often a surplus month because of quarterly tax payments from individuals and businesses. The surplus…
MONTGOMERY, Ala. (AP) – The Alabama House of Representatives has approved a General Fund budget that Gov. Robert Bentley already has threatened to veto over Medicaid funding. Representatives approved the spending bill on a 65-35 vote Tuesday after a five-hour filibuster by black lawmakers. Democrats harshly criticized the proposed spending plan, which is $85 million short of the amount Bentley…
