Schneider: Why the Republican tax cut has so little public support

Speaker Paul Ryan is dismissing criticism of the massive tax package the House passed Tuesday. He insists "this is profound change and this is change that is going to put our country on the right path." (Dec. 19) AP

Wall Street fell as excitement over the likelihood of a tax code revamp took a backseat to concern over its impact on monetary policy stimulus and interest rates. Fred Katayama reports. Video provided by Reuters Newslook

The U.S. House of Representatives passed the final Republican bill to overhaul the U.S. tax system in three decades, which would slash income taxes for corporates and individuals while widening American budget deficit and income inequality. (Dec. 19) AP

The White House says the focus of the new tax bill is the middle class, despite questions about whether the president would benefit from it. This comes as the House approved the bill by a mostly party line vote Tuesday. (Dec. 19) AP

Fifteen people were arrested Tuesday for blocking the entrance to the New York Stock Exchange to protest the GOP tax plan overhaul. (Dec. 19) AP

House Republican leaders are expressing excitement as they prepare to pass a $1.5 trillion tax bill. The bill is estimated to give steep tax cuts to businesses and the wealthy, and more modest cuts to middle-income and low-income families. (Dec. 18) AP

White House press secretary Sarah Huckabee Sanders says the tax overhaul legislation facing votes today in Congress is a 'hook up for all of America.' (Dec. 19) AP

After months of debate, Congress has released a final tax reform bill. The bill eliminates some personal exemptions while increasing the standard deduction. USA TODAY

White House Press Secretary Sarah Huckabee Sanders said the administration is "really proud" of its work with Republican Senator Marco Rubio as it seeks to gain his support for a tax reform bill. (Dec. 14) AP

House Minority Leader Nancy Pelosi and House Speaker Paul Ryan clashed over the GOP tax plan that a conference committee is now considering on Capitol Hill. (Dec. 14) AP

AP Reporter Stephen Ohlemacher looks at the details of the tax legislation that's being pushed by President Donald Trump and considered by a conference of House and Senate lawmakers on Capitol Hill. (Dec 13) AP

House and Senate Democrats protested the tax legislation that is now under consideration in conference, first urging delay until newly-elected Alabama Democratic Senator Doug Jones is seated and then blasting the bill as gift to the wealthy. (Dec. 13) AP

Democrats are slamming a deal reached by Republicans on a tax bill, saying the measure is unfairly tilted in favor of business and the wealthy. (Dec. 13) AP

Looking to counter concerns that the Republican tax plan will primarily benefit the rich, U.S. President Donald Trump is delivering closing arguments in favor of the tax overhaul that is working its way through Congress. (Dec. 13) AP

Speaker of the House Paul Ryan was joined by his fellow Republican leaders on Tuesday to promote a tax reform bill and express his confidence in it passing before Christmas. (Dec. 12) AP

The Speaker of the House and the Minority Leader are blaming each other for not being willing to work in a bipartisan way to get tax reform done and keep the government from shutting down. (Dec. 7) AP

President Donald Trump welcomed a handful of families to the Oval Office for an opportunity to explain how the GOP tax plan would benefit U.S. families and businesses. (Dec. 5) AP

Speaker of the House Paul Ryan called the tax bill passed by the Senate early Saturday "monumental reform" as he and other Republican leaders continued to celebrate the bill's progress, which was sent to a conference committee Monday evening. (Dec. 5) AP

The House and the Senate have passed different versions of President Trump's tax reform bill so now it goes to a conference committee. Here's what that means. USA TODAY

President Trump has said he won't benefit from the new tax proposal in Congress. Experts say this isn't true. Here are three ways the President could benefit from his own tax plan proposal. Time

Congressional Republicans this week begin the work of resolving the differences between tax bills passed in the House and Senate. Video provided by Newsy Newslook

Senate Majority Leader Mitch McConnell disputes projections that the Senate's tax bill would add to the nation's debt woes. McConnell says he thinks the tax overhaul will generate more than enough economic growth to plug the deficits forecast. (Dec. 4) AP

U.S. Senate Republican leader Mitch McConnell slammed democrats for their views on the tax plan, and White House budget chief Mick Mulvaney said the administration is willing to consider a small increase on the corporate tax rate if it is needed to finalize the bill in Congress. Rough Cut (no reporter narration). Video provided by Reuters Newslook

Republicans pushed a nearly 1.5 trillion US dollars tax bill through the Senate early Saturday as a party starved all year for a big legislative triumph took a giant step towards giving US President Donald Trump one of his top priorities by Christmas. (Dec. 2) AP

President Donald Trump is taking a victory lap at a New York City fundraiser, praising the Senate's passage of a sweeping tax overhaul. (Dec. 2) AP

Republicans announced earlier in the day they had the votes to pass their tax bill. Only Sen. Bob Corker is a "no" vote now. Video provided by Newsy Newslook

Ryan Alexander, the president of Taxpayers for Common Sense says the Joint Committee on Taxation has found that the Senate's $1.4 trillion tax bill will increase the deficit by close to a trillion dollars by 2017. (Dec. 1) AP

Republican and Democratic Senators sparred over the GOP-backed tax reform plan on Thursday night. Republicans are reworking parts of the plan and are considering limiting some tax cuts to keep a handle on the budget deficit. (Dec. 1) AP

President Trump is calling the latest Republican tax plan 'rocket fuel for the economy,' adding that the new bill would cost him a fortune and has proven unpopular with the wealthy. Trump spoke at an event in St. Charles, Mo. on Wednesday. (Nov. 29) AP

President Donald Trump says he won't benefit from tax plan. Time

Senate Majority Leader Mitch McConnell complained about top Democrats backing out of White House meeting while Minority Leader Chuck Schumer called on President Trump to stop tweeting. (Nov. 28) AP

President Trump arrived on Capitol Hill for a meeting with Senate Republicans to promote his tax plan. He is addressing a Senate GOP luncheon after Democratic leaders pulled out of a meeting later in the day with Trump at the White House. (Nov. 28) AP

Senate Majority Leader Mitch McConnell said the Republican tax bill is good for small business owners. "Every small business that I can think of is on board for this comprehensive tax reform," he said. (Nov. 28) AP

According to a report from the Congressional Budget Office, the tax bill could negatively affect Americans in the lowest income brackets. Video provided by Newsy Newslook

Republican members of the Senate Finance Committee, after a White House meeting with President Donald Trump and Vice President Mike Pence, say they are planning a vote this week on their tax overhaul plan. (Nov. 27) AP

Trump promises Americans 'huge tax cut' for Christmas Time

Vice President Mike Pence spoke to the Tax Foundation's 80th annual dinner in Washington, after the House voted Thursday to approve a $1.5 trillion overhaul of the nation's tax code. Pence says "now the ball is in the Senate's court." (Nov. 17) AP

The House passed its Tax Reform and Jobs Act, which could be the first major shake-up to the U.S. tax system in over 30 years. Video provided by Newsy Newslook

As Republicans inch closer to delivering tax reform with the House passage of a bill, U.S. Sen. Jeff Flake, while still undecided on the Senate version, is urging haste amid the sex scandal enveloping the Alabama Senate race. (Nov. 17) AP

Republicans and Democrats shouted across each other in a heated Senate Finance committee hearing debating the tax bill overhaul. The Senate version of tax bill was approved and sent to the full Senate after four days of often fierce partisan debate. (Nov. 17) AP

Republicans rammed a nearly $1.5 trillion package overhauling corporate and personal taxes through the House on Thursday, edging President Donald Trump and the GOP toward their first big legislative triumph. (Nov. 16) AP

Wisconsin’s Ron Johnson on Wednesday became the first Republican senator to say he opposes his party’s tax bill, signaling potential problems for GOP leaders. Time

Republicans celebrate before TV cameras after they rammed a near $1.5 trillion package overhauling corporate and personal taxes through the House, edging President Donald Trump and the GOP toward their first big legislative triumph this year. (Nov. 16) AP

U.S. President Donald Trump has emerged from a meeting with House Republicans on Capitol Hill, telling reporters on his way out, "the tax is going very well." (Nov. 16) AP

U.S. President Donald Trump has arrived at the Capitol to encourage House Republicans who are about to push a $1.5 trillion tax package through their chamber. (Nov. 16) AP

A Senate Finance Committee hearing got heated Wednesday as the committee's chair, Sen. Orrin Harch, defended the decision to include in the tax bill a repeal of the Obamacare requirement for Americans to get health insurance. (Nov. 15) AP

The No. 2 Senate Republican says the GOP is intent on repealing the individual mandate requirement under 'Obamacare' as part of the tax bill. Sen. John Cornyn of Texas told reporters on Tuesday: 'We’re going to repeal the tax on poor Americans.' Time

Representatives Joe Crowley and Linda Sanchez responded on behalf of the Democratic Caucus regarding the issues they discussed at Tuesday's meeting. (Nov. 14) AP

Congressional Democratic leaders held a joint press conference Monday to warn the GOP Tax Plan will hurt citizens and the Republicans if they push through. (Nov. 13) AP

There are a lot of differences. Time

The Senate's version of tax reform delays a corporate tax rate cut to 2019, while the House version implements that cut next year. Video provided by Newsy Newslook

Minority Leader Chuck Schumer is warning Republican colleagues in the House not go through with the current GOP tax cut plan, because the same considerations are not being put in on the Senate side.(Nov. 9) AP

The Tax Cuts and Jobs Act would count tuition waivers as income and tax the amount. Video provided by Newsy Newslook

The House's tax-writing committee has begun work on the Republicans' overhaul plan, with the panel's chairman calling it a 'monumental challenge.' Texas Rep. Kevin Brady gaveled in the session on Monday. (Nov. 6) AP

House Minority Leader Nancy Pelosi blasted the tax bill unveiled by House Republicans as "a terrible assault on opportunity for the middle class" and said her GOP colleagues are "taking American people for suckers." (Nov. 3) AP

Many Americans who think they're in the middle class might not get a tax cut based on the newest GOP tax proposal. Here's why. Wochit

House Republicans unveiled a sweeping tax reform bill on Wednesday that promises to cut taxes and simplify the tax code, but also cuts some popular deductions and credits. (Nov. 2) AP

Top Democrats blasted the GOP tax plan that was unveiled in Washington Thursday, saying it will hurt the middle class, while benefitting the wealthy and big corporations. (Nov. 2) AP

President Donald Trump is planting a kiss on a symbol of the House GOP tax plan. In a meeting with House Republicans, Trump responded enthusiastically when shown two postcard-sized papers some taxpayers would be able to use to file their taxes. (Nov. 2) AP

House Republicans on Thursday unveiled a tax cut plan that slashes the corporate tax rate, lowers taxes for most Americans but limits a cherished deduction for homeowners. Time

U.S. President Donald Trump met with business industry leaders Tuesday to build momentum for his tax overhaul ahead of his lengthy trip to Asia. Trump says he's hoping to sign the tax bill into law by Christmas. (Oct. 31) AP

Lawmakers in the House released their plan, dubbed the Tax Cuts and Jobs Act, on Thursday. Video provided by Newsy Newslook

House Republicans are planning major changes to the U.S. tax system while looking to preserve current rules for retirement accounts popular with middle-class Americans and to retain a top income-tax rate for million-dollar earners. (Nov. 2) AP

The White House and congressional leaders released a framework for tax changes, but many key details have been left to tax committees. Here’s how that process is working. Jeff Dionise, Ramon Padilla, Paul Singer and Herbert Jackson, USA TODAY

The House narrowly passed a GOP budget on Thursday. Speaker Paul Ryan expressed enthusiasm, while Minority Leader Nancy Pelosi said it was "drawing a line in the sand" between the middle class and extremely wealthy. (Oct. 26) AP

Republicans in the House of Representatives approved a 2018 budget that allows Congress to add $1.5 trillion to the deficit. Video provided by Newsy Newslook

White House adviser and presidential daughter Ivanka Trump joined GOP lawmakers on Capitol Hill on Wednesday to promote an expanded child tax credit proposal as part of the Republican tax overhaul. (Oct. 25) AP

Democratic House Minority Leader Nancy Pelosi and two other key Democrats blasted GOP tax and budget proposals on Capitol Hill, saying most of the cuts will benefit the wealthiest Americans at the expense of children and working families. (Oct. 25) AP

President Trump says 'tax cuts will restore America's competitive edge' in the world. Trump's comments came during a Tuesday ceremony to recognize 8 winners of the National Minority Enterprise Development Week Awards Program. (Oct. 24) AP

President Trump took his tax pitch to a conservative think tank on Tuesday, arguing that his plan would be a boon to the economy, boosting growth and jobs. Trump spoke at this year's Heritage Foundation's President's Club meeting in Washington. (Oct. 17) AP

Another intraparty fight is slowing down the tax reform bill. Video provided by Newsy Newslook

President Donald Trump pitched his tax plan as a boost for truckers and the middle class at an event in Pennsylvania Wednesday, saying he wants 'lower taxes, bigger paychecks and more jobs for American truckers and American workers.' (Oct. 11) AP

President Donald Trump pitched his tax plan as a boost for truckers at an event Wednesday in Pennsylvania, saying, 'America first means putting American truckers first.' Time

Dems Decry Medicare, Medicaid Cuts in Tax Plan AP

Donald Trump Promoted 'Giant, Beautiful, Massive' Tax Plan in a speech to the National Association of Manufacturers. Time

President Donald Trump's economic adviser is pushing back against the suggestion that the administration's tax plan could benefit the wealthy. (Sept. 28) AP

Unveiling a new sweeping tax plan, U.S. President Donald Trump says it will benefit middle class workers the most and simplify the tax code. (Sept. 27) AP

Trump wants to pare down the current seven individual tax brackets, which currently are in tiers ranging from 10 percent to 39.6 percent. Video provided by Newsy Newslook

President Donald Trump made the case Wednesday for a sweeping plan to overhaul the nation's tax system for individuals and corporations, calling it a 'once in a generation' opportunity to cut taxes and create jobs. (Sept. 27) AP

President Donald Trump has revealed some details about a sweeping tax reform plan. The president says he wants tax cuts for everyday working people, not the rich. USA TODAY

Pres. Donald Trump and congressional Republicans are proposing a far-reaching, $5 trillion plan that would cut taxes for corporations and potentially for individuals, simplify the tax system and nearly double the standard deduction. (Sept. 27) AP

President Trump and Republicans are proposing a $5 trillion plan that would cut taxes for corporations and individuals, simplify the code and nearly double the deduction used by most Americans. But questions remain about how much it will cost. (Sept. 27) AP

The White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the levy for the wealthiest Americans, with President Donald Trump ready to roll out the policy proposal at midweek. Time

US President Donald Trump headed to Bismarck, ND, where he announced a tax cut package he says includes the biggest tax cut for middle-class families since Ronald Reagan. (Sept. 6) AP

U.S. President Donald Trump said on Wednesday that Missouri should vote Democratic Senator Claire McCaskill out of office if she does not back his tax cut plan. Rough Cut (no reporter narration). Video provided by Reuters Newslook