House Republicans moved to make 2017 tax law provisions permanent, but it might go nowhere.
Thus far, assets repatriated to the U.S. account for a fraction of the $3 trillion accumulated overseas.
The bill would make individual tax cuts permanent, but further balloon the U.S. budget deficit.
A vote on the second phase of tax cuts is still in the works, according to House Speaker Paul Ryan.
The proposal would make many changes permanent, including the SALT cap.
The two states included some Plan B options in their legislation to ease the potential tax hike for residents.
The IRS is blocking charitable workarounds to the new SALT cap established by some high-tax states.
The IRS published regulations that undercut a plan by the states to treat property taxes as charitable donations.
A corporate rate hike and carried interest repeal are likely on the party's agenda.
It just got more expensive to pay top employees in stock.
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