House GOP tax bill preserves retirement accounts plan
The evolving measure would keep current rules on 401(k) and other retirement accounts intact while negotiating to reduce the top corporate tax rate to 20 percent. Leaders aim to move the plan through Congress by Thanksgiving, amid concerns from Northeastern Republicans over state and local tax deductions and debates over income brackets for the wealthiest earners.
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Retailers ramp up efforts for holiday season
Retailers push in store and online efforts for the holidays. Zahir expands online presence and opens on Thanksgiving eve. Kohl’s Cash incentives rise, Sears touts Holiday Blowout and Wish Book revival. Amazon promises deeper discounts and Prime benefits, Walmart plans in store events and extended demonstrations.
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