Donald Trump signs tax reform law

On Friday, December 22, President Trump signed a tax reform bill that will lower corporate and individual tax rates, cutting taxes by $1,5 trillion, USA Today writes. “The Democrats are very sorry about this. They wanted to be a part of it,” Trump said...

US House of Representatives Approves Tax Reform Bill

The House of Representatives on December 19 voted on the largest tax reform in 30 years. 227 congressmen voted for the bill, 203 voted against it, ABC News reports. Now the Senate must vote for the reform; consideration of this issue will take place there on December 19 or 20...

The final project of tax reform: how it touches you personally

On Friday, Republicans agreed on the final draft of the tax reform, overcoming differences between the bills of the House of Representatives and the Senate. According to the Washington post, the full text of the tax reform is expected to be published on Friday and voted on next week. What will be changed New tax ...

The Senate voted for the largest US tax reform

On the night of Saturday, December 2, the US Senate approved a large-scale tax reform bill. 51 Republican senators voted in favor, 48 Democrats and one Republican senator voted against. According to USA Today, before this, the House of Representatives of Congress voted for its version...

The Senate is preparing to vote on tax reform: what to prepare for us

Senate Republicans are slated to approve a bill to revise the US tax code this week, but it is not yet known if they will be able to collect votes from members of their faction, given the opposition to the reform by Democrats. As the Voice of America writes, if the Republicans fail ...

In the US, voted for tax cuts

The Republican-controlled House of Representatives of Congress took a major step towards tax reform on Thursday by voting to cut corporate and individual taxes. Earlier Thursday, ahead of the vote, President Trump reiterated his call for massive tax reform and met with ...

400 American billionaires and millionaires are asked not to lower their taxes

400 American millionaires and billionaires wrote a letter to the US Congress. They ask legislators not to cut their taxes, which Donald Trump is proposing to do. According to the publication Present Time, among the signatories of the letter are investor George Soros, founders of the Ben & Jerry's Ice Cream chain Ben Cohen and...

Paradise Papers: Where Apple Keeps Earnings

On October 5, 400 journalists in 67 countries simultaneously published their materials about the financial secrets of politicians and officials. The new global investigative journalism was named Paradise Papers, or "Papers from the Paradise Islands", as the journalists analyzed data on the owners of offshore companies located mainly in small exotic ...

Trump's tax plan: American family will save $ 1,182 per year in taxes

Republican congressmen on Thursday announced a number of changes they want to make to the US tax code, in particular - to reduce taxes for corporations and reduce the number of tax categories for individuals. “With this plan, a typical family of four will save ...

Rules and rates of taxation of incomes of Americans for 2018 year

The Internal Revenue Service (IRS) has released data on the taxation of Americans' income for 2018, including indicators of the level of income and the percentage of taxation for each of them. At the same time, these forks may change if the planned by the Donald's administration is carried out by the beginning of 2018 ...

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