Shining Light on Farm & Food Policy for 20 Years. Monday, November 25, 2024

Politics

money bills taxes

Daybreak Jan. 25: Key Republican: Don’t pay for future tax cuts

A short-term tax package that would restore full bonus depreciation and raise limits on the Section 179 expensing provision is now set to move next week in the House. Meanwhile in the Senate, the top Republican on the Senate Finance Committee is making clear that the bill shouldn’t set a precedent for offsetting the cost of future tax bills.
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