Lawmakers seek common ground on dueling tax bills
Republicans push the biggest tax rewrite in over 30 years amid deep House and Senate splits over estate taxes health care and home mortgage interest deduction. Leaders say a final plan is possible though differences persist on brackets rates and sunset provisions.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Jon Traub
House Ways and Means Lcans
E Tax
Marc Gerson
Ways and Means
Miller & Chevalier
House and Senate Clash Over Mortgage and Death Tax Rules
The House seeks a $500000 cap on mortgage interest deductions for new homes while repealing the AMT for individuals and corporations, prompting Republican leader comments. The Senate keeps a $1 million ceiling and doubles estate tax exemptions, a change Republicans have long pursued. Analysts predict a partisan push to favor House provisions or modify Senate plans.
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House
Senate
AMT
Kevin McCarthy
Calif
Kumar
Lemonade Tycoon in New Bern fuels local business dreams
Davis, a St Pauls Catholic School student, sells Andrew's Famous Lemonade at the downtown Farmers Market. He started after Shark Tank inspiration, charging $2 a cup this year and about 100 glasses daily. His booth, near a prime location, faces rising competition and seeks market acceptance.
MENTIONED IN THIS ARTICLE
Millen
Davis
St. Paul’s ‘Catholic School
New Bern
Andrew
Andrew Davis
ECU
Bill Hand
SUN Journal
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