tax cuts

http://www.thinkkentucky.com/OZ/

The U.S. Department of the Treasury is certifying 15 'Opportunity Zones' in far west Kentucky.

In this new year, beer brewers are enjoying a temporary excise tax break that was signed into federal law as 2017 was winding down.

Protesters were removed from the gallery of the House chamber today as Republicans prepared to vote on their $1.5 trillion tax cut package. The disruption was the latest in a series of demonstrations and attempts to get lawmakers' attention and prevent the passage of the bill.

Minutes later, House Republicans voted to pass the bill 227-203, leaving the next step to the Senate before sending the bill to the president.

GOP Tax Bill Leaves Health Savings Accounts Untouched

Dec 19, 2017

The ongoing uncertainty about congressional changes to the health law — and their impact on insurance and the online marketplaces — continues to raise questions among consumers. Here are answers to recent queries.

Does the GOP tax bill affect health savings accounts?

At this time, there are no changes aimed specifically at HSAs. These are savings accounts linked to high-deductible health plans, and are exempt from tax liability.

The House and Senate are working to reconcile their versions of a tax plan, but one thing is certain: Big changes are ahead for the nation's schools and colleges.

K-12

Let's start with K-12. There, Republicans from both sides of Congress generally agree on two big changes.

Saving for private school

Matt Markgraf, WKMS

Concerns over the Republican-led tax bill moving through Congress dominated Congressman James Comer's lively and, at times, indignant town hall meeting in Hopkinsville Monday morning.

J. Tyler Franklin, WFPL

Less than 12 hours after the Republican-led Senate passed its version of tax overhaul legislation, Senate Majority Leader Mitch McConnell was back in his hometown addressing the press.

House Speaker Paul Ryan, R-Wis., is moving close to victory. After a frustrating year in which Republicans who control Congress failed to repeal or replace the Affordable Care Act, Congress is moving closer to approving its first major legislation of 2017.

Having failed to repeal and replace the Affordable Care Act, Congress is now working on a tax overhaul. But it turns out the tax bills in the House and Senate also aim to reshape health care.

Here are five ways the tax legislation could change health policy:

1. Repeal the requirement for most people to have health insurance or pay a tax penalty

Republicans say their tax legislation will be great for the middle class. So why is it so unpopular?

Depending on the poll, only 25 percent to 33 percent of Americans approve of the tax plan. And that means even many people who would get a tax break aren't won over.

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