Senate bill retains differences with House on taxation of pass-throughs

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Senate bill retains differences with House on taxation of pass-throughs

Meanwhile, under the House version, service industries, including accounting firms and law firms, would not get the benefit of the lower 25 percent rate. However, the Senate bill as it currently reads would give the benefit of the deduction to service firms on income up to $500,000. And if they decided to
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Senate GOP's Tax 'Trigger' Draws Scorn From Economists

After calling the trigger “impractical, unreasonable and unnecessary” on Tuesday, he told Bloomberg that “while inclusion of a trigger would be regrettable and could diminish the bill's positive growth effects, that is still preferable to failing to reform our uncompetitive tax code.” Senate Republican leaders
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Express Scripts CEO Open to Insurer Deal, Ties With Amazon

Express Scripts Holding Co.'s chief executive said he's open to a deal with a health insurer or partnering with Amazon.com Inc. CEO Tim Wentworth's pharmacy benefits company has been battered by departing clients and the vague specter of Amazon's entry into the drug business. If a major insurer
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Radio Station Operator Cumulus Media Files for Bankruptcy

Radio station operator Cumulus Media says it has a deal to reduce its debt load by more than $1 billion. ByStephanie Gleason. Nov 29, 2017 9:29 PM EST.
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May Walks a Diplomatic Tightrope After Trump's Tweets

We're not “afraid to say when we think the United States have got it wrong,” May said in Jordan today. U.K. Prime Minister Theresa May refused to back down in the face of criticism from President Donald Trump as she walked a tightrope between her opposition to extremism “in all its forms” and the need
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