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On Point

Go behind the headlines: From the economy and healthcare to politics and the environment - and so much more - On Point talks with newsmakers and real people about the issues that matter most. On Point is produced by WBUR for NPR.

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Taxes

(Karen Roach/Bigstock)
Money

Philly-area nonprofits are fretting over new tax law

The GOP tax overhaul is giving some nonprofit organizations holiday heartburn. The reason: itemization. More specifically, it’s the lack thereof.

8 years ago

Listen 2:29
Homes in Jersey City, NJ in March, 2016.
Money

Christie orders N.J. towns to accept early property tax payments

New Jerseyans worried about a higher federal tax bill next year, thanks to the GOP’s tax overhaul, may get the chance to pay less if they pay up now.

8 years ago

Listen 2:01
 President Donald Trump, accompanied by Vice President Mike Pence, smiles as he finishes speaking in the East Room of the White House, Wednesday, July 26, 2017, in Washington. (AP Photo/Alex Brandon, file)
NPR
Money

The tax law’s new way of measuring inflation could take a toll on taxpayers

The use of the chained consumer price index to determine when to adjust tax brackets and eligibility for deductions, is expected to push more people into higher tax brackets.

8 years ago

Individual Tax Return Forms and pen on table
Politics & Policy

Some N.J. tax breaks kick in Jan. 1

Residents 62 and older will be able to keep more of their income from being taxed by the state.

8 years ago

Now that Congress has passed the Republican tax bill, the IRS has a lot of work to do to prepare for the changes to the tax code. (Chip Somodevilla/Getty Images)
NPR
Money

Now that the GOP tax bill is approved, the IRS gets busy

Republicans in Congress are promising that their tax bill will create jobs. One place where we know it's going to create a lot of work is at the IRS.

8 years ago

President Donald Trump speaks to reporters before leaving the White House, Tuesday, Nov. 21, 2017
PBS
Money

Watch live: Trump to celebrate GOP tax overhaul

8 years ago

After senators worked past midnight to pass the Republican tax bill, Walter Arandia distributes copies of the daily legislative calendar before lawmakers return, on Capitol Hill, in Washington, early Wednesday, Dec. 20, 2017.
Dave Davies: Off Mic
Politics & Policy

GOP Reps in region split as tax bill passes

All U.S. House Republicans from Pennsylvania voted for the tax package; four of five in New Jersey opposed it.

8 years ago

Listen 1:47
President Donald Trump, with, from left, Senate Majority Leader Mitch McConnell of Ky., Vice President Mike Pence, House Speaker Paul Ryan of Wis., and Sen. Tim Scott, R-S.C., speaks about the passage of the tax bill on the South Lawn at the White House in Washington, Wednesday, Dec. 20, 2017.
NPR
Politics & Policy

Trump celebrates legislative win after Congress passes $1.5 trillion tax cut bill

Congressional Republicans delivered on their first major legislative accomplishment of the Trump era on Wednesday, when the House voted 224-201 to pass the tax package.

8 years ago

From l-r., Rep. Kevin Brady, R-Texas, Speaker of the House Paul Ryan, R-Wis., Senate Majority Leader Mitch McConnell, R-Ky., and Rep. Mike Bishop, R-Mich., meet with reporters to announce the Republicans' proposed rewrite of the tax code for individuals and corporations, at the Capitol in Washington, Wednesday, Sept. 27, 2017.
NPR
Politics & Policy

Senate approves landmark tax overhaul, bill returns to house

Republicans in Congress approved a sweeping and controversial $1.5 trillion tax overhaul, with the Senate voting early Wednesday along straight party lines to move the measure

8 years ago

House Speaker Paul Ryan (R-WI), speaks about the Republican tax reform legislation currently before Congress, during his weekly briefing on Capitol Hill December 14. (Mark Wilson/Getty Images)
NPR
Politics & Policy

Charts: See how much of GOP tax cuts will go to the middle class

The average household would get a tax cut of $1,610 in 2018, a bump of about 2.2 percent in that average household's income, according to a report released Monday.

8 years ago

The Capitol is seen in Washington, Monday, Dec. 18, 2017, as Congress returns to face action on the GOP tax bill and funding the government before the end of the week. (AP Photo/J. Scott Applewhite)
Radio Times
Politics & Policy

The coming effects of the tax bill

Guests: John O’Connor, Leonard Burman A House vote on the final version of the Republican tax bill is slated fo ...

Air Date: December 19, 2017

Listen 49:13
U.S. Rep. Leonard Lance
Dave Davies: Off Mic
Politics & Policy

Tax plan a dilemma for local Reps

Local Congressional Republican face a tough choice on whether to vote for the GOP tax plan. One NJ rep says he's against it.

8 years ago

Florida Republican Sen. Marco Rubio, shown in July, had threatened a
NPR
Politics & Policy

GOP releases final tax bill as Rubio, Corker boost path to Christmas passage

Congressional Republicans released a final draft of their tax bill Friday.

8 years ago

Note: This chart was last updated on Dec. 15, 2017. Source: Tax Foundation, U.S. Congress (Alyson Hurt, Katie Park and Danielle Kurtzleben/NPR)
NPR
Politics & Policy

Chart: How the new version of the GOP tax bill would affect you

On Friday evening, congressional Republicans released the final version of their tax overhaul plan.

8 years ago

Florida Sen. Marco Rubio at a rally in Miami in April. (Alan Diaz/AP Photo)
Politics & Policy

Rubio’s defection threatens Senate GOP’s margin on tax bill

Rubio wants to increase the portion of the basic $2,000-per-child tax credit that would go to low-income families.

8 years ago

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