taxes

Panel Supports Making It Harder To Raise Taxes

Dec 13, 2017

A measure that would require future tax or fee increases to be approved by two-thirds votes of the Legislature is ready for consideration by the state Constitution Revision Commission.

Florida levies a tax on communications services—things like cable and cell phones, but also streaming services.  Now one lawmaker wants to carve out internet video from the tax.

Republicans say their tax legislation will be great for the middle class. So why is it so unpopular?

Depending on the poll, only 25 percent to 33 percent of Americans approve of the tax plan. And that means even many people who would get a tax break aren't won over.

Senate Republicans hope to vote after Thanksgiving on a sweeping tax overhaul plan that they say will cut taxes for nearly every individual and family in America. The bill calls for those cuts to last only for the next eight years, unless history is a guide.

Miami Herald

Local university professors are pushing against the Republican tax overhaul that’s moving through Congress, saying the legislation will irreparably harm graduate education.

Three professors from Florida International University and a peer from the University of Miami visited Congresswoman Ileana Ros-Lehtinen’s office earlier this week to share their concerns about the plan.

screenshots of C-SPAN videos

This week in Congress, the most significant rewriting of the U.S. tax code could take a big step toward becoming law. The U.S. House of Representatives may vote on a big package of tax changes as soon as Thursday. The decision would come less than two weeks after the initial legislation was introduced by House Republican leaders and only a week after the House Ways and Means Committee debated the bill, eventually passing it through on a party-line vote.

 

Updated at 4:20 p.m. ET

The Senate Finance Committee unveiled its version of a sweeping overhaul of the federal tax code on Thursday, as the House Ways and Means Committee was preparing to pass its own bill. The differing proposals forecast clashes between the two chambers that will make it difficult for Congress to enact the legislation by the end of the year as promised.

The two bills share a name, The Tax Cut and Jobs Act, but diverge on tax policy that affects both the business and individual sides of the tax code.

A bill giving a tax exemption on diapers and feminine hygiene products has cleared its first Florida Senate committee.

Charles Trainor Jr. / Miami Herald

Miami voters chose Tuesday to tax themselves in order to fund nearly a half-billion dollars in government spending to help quell flooding, fund affordable housing, and pay for a slew of other public projects.

House Republicans made steady progress Tuesday on their goal to pass a sweeping tax bill in their chamber by Thanksgiving, as Senate leaders prepared to release their own tax legislation later this week.

The quick progress comes as Republicans race to pass steep tax cuts into law by Christmas to meet a deadline set by President Trump. But significant challenges lie ahead as Republicans try to avoid repeating the bitter party infighting that doomed earlier attempts to pass a GOP health care bill.

Updated at 3:10 p.m. ET

House Republicans unveiled a draft tax bill on Thursday, calling for deep cuts in both individual and corporate tax rates.

"With this bill, we will grow our economy by delivering more jobs, fairer taxes, and bigger paychecks to Americans of all walks of life," said Rep. Kevin Brady, R-Texas, chairman of the House Ways and Means Committee.

This week, Sarah Huckabee Sanders promoted one of the White House's chief selling points about the Republican tax plan. The pitch: American households will get an additional $4,000 as a result of the tax overhaul proposed in September.

The number comes from an estimate produced by the Council of Economic Advisers earlier this month.

Honorably discharged veterans could get a two-month break from sales taxes under a measure filed by Miami Democratic Representative Kionne  McGhee.

Before any hard battle, it's common to seek a little spiritual guidance.

In preparation for the coming fight this fall to overhaul the entire federal tax code, a group of House Republicans on the Ways and Means Committee traveled this week to Rancho del Cielo — the ranch of former President Ronald Reagan, outside Santa Barbara, Calif.

The ranch is where Reagan signed one of his major tax cuts into law, and the GOP is working this month to capture some of that Reagan-era magic to deliver a modern tax bill of its own.

Florida Gov. Rick Scott wants to put a constitutional amendment on the ballot that would make it harder for state legislators to raise taxes or fees.

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