By Jessica Domel Multimedia Reporter More jobs. Fairer taxes. Bigger paychecks. All three are goals of the U.S. House and Senate Republican’s plans, unveiled Wednesday, to overhaul the American tax code. Now is the time for reform, House Speaker Paul Ryan said, as the current code is too big, complicated and expensive. “Instead of a source of pride, our tax code has become a constant source of frustration,” Ryan (R-WI) said. “It’s too big. It’s too complicated. It’s too expensive. Today, we are ...
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Pictured: file photo of Congressman Kevin Brady in studio with Lance Roberts. CLICK HERE to listen to Ways and Means Chairman Kevin Brady discuss the momentum for tax reform with Lance Roberts on the Voice of Texas, KSEV Radio.
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By Kevin Brady In the wake of this year's devastating hurricanes, the House Ways and Means Committee – which I lead – is working to provide resources and relief to help American families. These storms left a trail of incredible destruction through Texas, Florida, the U.S. Virgin Islands, and Puerto Rico. The tax relief package ensures that storm victims are able to focus on recovering and rebuilding, not Washington's broken tax code. This is just one part of our efforts to ensure Texans, and all...
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Ways and Means Chairman Kevin Brady (R-TX) has released legislation that will deliver temporary tax relief to the victims of Hurricanes Harvey, Irma, and Maria. Chairman Brady issued the following statement upon releasing the bill, which is expected to be formally introduced Monday, September 25, when the House returns to session. “Hundreds of thousands of people throughout Texas, Florida, the U.S. Virgin Islands, Puerto Rico and other areas have been devastated by hurricanes and severe floodin...
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By Theodore Bunker House Ways and Means Committee Chairman Kevin Brady said Monday that the forthcoming Republican tax plan will include "the lowest rates on business in modern history." The Texas Republican told CNBC that "Republicans are going to announce bold tax reform that grows jobs, grows paychecks and vaults America into the lead," though he did not provide any details on the plan, though the blueprint including specific rates is expected on Wednesday. Brady, one of the "Big Six" of Whi...
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The U.S. House on Monday is set to vote on a package of tax relief provisions designed to help people who have suffered losses from damage associated with hurricanes Harvey, Irma and Maria, also making it easier for others to donate money to charities to help with disaster aid. “My bill specifically helps hurricane victims keep more of their paycheck, deduct more of the cost of their expensive property damage, and have more affordable and immediate access to money they have saved for their reti...
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By John S. Marshall A proposal to dramatically overhaul the nation's tax system is getting closer to being unveiled as U.S. Rep. Kevin Brady and other top Republicans get set to lay out their proposed changes. Brady, R-The Woodlands, who is also chairman of the House Ways and Means Committee -- the chief tax-writing committee in Congress -- was back in The Woodlands during the week where he presented Congressional Award Medals to a group of local teenagers After the awards ceremony, Brady told T...
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By John S. Marshall People who sustained financial losses because of Hurricane Harvey could be in line for some new tax breaks under legislation being proposed by U.S. Rep. Kevin Brady. Heading into the weekend, Brady, R-The Woodlands, released details on his bill called The Disaster Tax Relief and Airport and Airway Extension Act of 2017. The bill is set to be introduced Monday when the House returns to session. In addition to people hurt financially by Hurricane Harvey, the legislation would p...
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By Bryan Kirk (Patch Staff) House Speaker Paul Ryan joined with GOP and Democratic leaders in a tour of the Texas Gulf Coast on Thursday, getting a first hand look at the damage caused by Hurricane Harvey. Ryan joined with volunteers and a bipartisan delegation, removing debris from storm-ravaged neighborhoods in Friendswood, about 35 miles north of Galveston Island, be4fore embarking on a hrlicoptor tour of the area. Ryan's visit to Texas comes in advance of a planned vote next month to supplem...
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Today, Ways and Means Chairman Kevin Brady (R-TX) released legislation that would deliver temporary tax relief to the victims of Hurricanes Harvey, Irma, and Maria. Chairman Brady issued the following statement upon releasing the bill, which is expected to be formally introduced Monday, September 25, when the House returns to session. “Hundreds of thousands of people throughout Texas, Florida, the U.S. Virgin Islands, Puerto Rico and other areas have been devastated by hurricanes and severe floo...
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