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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Nov 11, 2017

Page

3

Trump pushes America First trade stance in Asia summit

At the APEC summit in Danang Trump rejects large trade pacts, argues for bilateral deals and fair reciprocal trade. He criticizes China for IP theft and state subsidies while noting a potential TPP revival via ministers from 11 nations. Talks with Putin reportedly stalled amid Syria and IS concerns.

Danang Vietnam Donald Trump America China Xi Jinping Beijing United States Trump U.S White House Kremlin Vladimir Putin Putin India

Tax plan contrasts House and Senate on brackets and estate tax

The Senate keeps seven personal income tax brackets with rates including 39.6 percent top, while the House trims to four brackets at 12 25 35 and 39.6 percent. The estate tax debate centers on exemptions and repeal timing. Senate doubles exemptions but keeps tax. House proposal initially doubles then repeals after 2023. The two chambers clash over deductions for state taxes, property taxes, mortgage interest, medical costs, and electric vehicles.

Senate Trump New York New Jersey California House

Tax reform clashes over corporate rate and energy credits

The House and Senate push a 20 percent corporate rate but the Senate delays for a year to cut costs, drawing White House and GOP opposition and stock market pullback. Renewable credits face repeal or reduction while pass through income rules differ, sparking debate among Republicans over how to shield small businesses and spur growth.

House Senate White House Wall Street U.S Trump

Also Mentioned on This Page

Asia Jill Colvin and Jonathan Lemire Associated Press North Korea Ukraine Syria Islamic State Group Air Force One Sarah Huckabee Sanders Tesla Chevrolet Chuck Grassley Iowa Wecm Military Jamiesfleamarket Enjoyi Dis Gouniis Kaplan Furniture Store Elyria Broad Street Great Northern Lorain Road North Olmsted Kaplansfurniture.com
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