Mayors Hart and Corbett outline Cedar Rapids agenda
Hart, after four hour orientation, pledges focus on flood protection, economic development and streets with new council as Corbett notes unfinished business. Both leaders stress stability during transition and seek federal aid, bond financing, and growth reinvestment for Cedar Rapids, with plans to engage boards and commissions.
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Corbett
Cedar Rapids
Hart
Cedar River
Paramount Theatre
Park Place
Rebecca F. Milley
the Gazette
Ron Corbett
Brad Hart
City Hall
Taxes bring tax cut uncertainty for workers this year
Workers will see a first glimpse of a tax cut in February but most will not know if they will pay more or less until 2019 when filing. W-4 forms become obsolete under the new law affecting 164 million filings. IRS expects withholding tables ready by mid January for February implementation. Major firms like AT&T, Comcast grant $1000 bonuses, Fifth Third raises wages to 15 dollars and offers 1000 one time bonus. many others plan stock moves or dividends. The plan cuts corporate tax to 21 percent from 35, expands standard deduction, and boosts child tax credit, though many effects depend on future policy choices and expirations.
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ADP
Petersberg
IRS
H&r Block
Mark Ciaramitaro
Anich
Congress
GOP
Grassley hails tax reform as good news for working families
Senator Chuck Grassley defends a 1.5 trillion tax reform package as boosting Iowa residents keeping more of their money. He claims it spurs job growth and wage increases, repeals the Obamacare individual mandate, and preserves progressivity while critics doubt its benefits ahead of the 2018 midterms.
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