McConnell 'almost certain' GOP will pass tax reform
Source: The Hill
BY JORDAIN CARNEY - 12/06/17 10:36 AM EST
Senate Majority Leader Mitch McConnell (R-Ky.) said on Wednesday that it's "almost certain" Republicans will be able to pass a tax reform plan, as lawmakers are gearing up for negotiations over the House and Senate bills.
"Well, almost certain. I mean, I cant imagine having come this far were not going to finish the job," he told conservative radio host Hugh Hewitt. The Senate is expected to vote on Wednesday to go to conference on their tax legislation, after the House held a similar vote on Monday.
McConnell reiterated that Republicans will be able to get a bill to President Trump's desk before Christmas, noting the House and Senate versions "are really very similar."
"Well have to have a conference with the House yet ahead of us and work out the differences, but the core of the two bills are really very similar. And I think well be able to do that in fairly short order," he said.
Read more: http://thehill.com/homenews/senate/363522-mcconnell-almost-certain-gop-will-pass-tax-reform
McConnell open to state income tax tweak to win over House GOP
By SEUNG MIN KIM and BERNIE BECKER 12/06/2017 10:09 AM EST Updated 12/06/2017 10:52 AM EST
Senate Majority Leader Mitch McConnell (R-Ky.) says hes open to making a provision on state and local tax deductions more generous to win over House Republicans when the two chambers merge their tax bills in the coming weeks.
Some House Republicans, particularly from high-tax states such as California, want language that would allow taxpayers to deduct up to $10,000 of either their property or state and local income taxes. Both the Senate and House bills include the property tax provision, which was aimed at winning support from GOP lawmakers from states such as New Jersey and New York.
That sounds like a kind of reasonable idea, McConnell told radio host Hugh Hewitt Wednesday of allowing the deduction to apply to income tax as well. There are a lot of these things that are floating back and forth, and its just impossible for me on your program or frankly to anybody else at this point to predict exactly how the final product turns out.
The property tax provision was drafted as a compromise in the House and was added at the last minute to the Senate legislation at the behest of Sen. Susan Collins (R-Maine).
more
https://www.politico.com/story/2017/12/06/mitch-mccconnell-state-income-tax-282110
yallerdawg
(16,104 posts)"Almost certain!" Corker's a no and the R's reneged on promises to Collins and Flake. That's 1-2-3!
That is quite an admission!
getagrip_already
(14,768 posts)in which case he will be replaced by a republican yes vote.
Over what? Most prosecutors would laugh those claims out of their office.
yallerdawg
(16,104 posts)pick a Republican to replace a Democrat?
Since this isn't criminal or disqualifying, now that the air is cleared, Franken will be able to run again!
Wanna bet he won't?
getagrip_already
(14,768 posts)I thought minn was a red gov. I see he is blue.
CrispyQ
(36,482 posts)I hate this asshole the most.
watoos
(7,142 posts)Coal CEO Robert Murray has stated that the Senate tax bill will destroy the coal industry. They survive by claiming numerous expense deductions that the Senate bill eliminated.
This will leave a mark in Trump's coal country. I don't know how he can spin this to blame Obama.
Submariner
(12,504 posts)It's all very easy to figure out once you learn to think like the party of pedophilia.
Hannity will probably explain it during this weeks hate-TV fest.
Wuddles440
(1,123 posts)Murray's statements have the same veracity as The CONald's statements about how the tax plan (scam) won't benefit him. Murray, who may be even more of a sleaze than the Liar-in-Chief, is just grand standing for even more generous treatment of his morally and ethically bankrupt operations.
ffr
(22,671 posts)BumRushDaShow
(129,167 posts)Here is the real one!
Thor_MN
(11,843 posts)Time's running out...
DeminPennswoods
(15,286 posts)so they only need 50 votes. They are already close to the cut-off of using the reconcilliation process so any move that gives a bigger tax break to state/local/property taxes will have to be offset by something else.
The two bills might be very similar, but the differences are things McConnell had to promise to get Collins, etc, to vote yes. He can't really remove them. It remains to be seen how those changes will sit with House Rs.
crazylikafox
(2,760 posts)bluestarone
(16,988 posts)on healthcare bill???? Look where we are at on that