David Morgan
Recent Stories By David Morgan:
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U.S. states eye corporate tax as Republican tax overhaul bitesJanuary 24, 2018
WASHINGTON (Reuters) - State governments, especially those hit hard by President Donald Trump's U.S. tax overhaul, are considering higher taxes on corporations to protect residents and state budgets...
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Corporations may dodge billions in U.S. taxes through new loophole: expertsJanuary 12, 2018
WASHINGTON (Reuters) - A loophole in the new U.S. tax law could allow multinational corporations like Apple Inc to avoid paying billions of dollars in taxes on profits stashed overseas, according to...
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U.S. tax plan roils popular bet in bond marketDecember 21, 2017
NEW YORK (Reuters) - Passage of a long-anticipated U.S. tax overhaul has up-ended the bond market's favorite trade of the year as yields on some long-dated Treasuries shot to their highest in months...
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Congress Sends Tax Bill to the White HouseDecember 20, 2017
The Republican-controlled U.S. House of Representatives gave final approval on Wednesday to the biggest overhaul of the U.S. tax code in 30 years, sending a sweeping $1.5 trillion bill to President...
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What's in the final Republican tax billDecember 20, 2017
The Senate approved the bill early on Wednesday.Here are the key parts of the bill, representing the biggest overhaul of the U.S. tax code in more than 30 years.BUSINESSCORPORATE TAX RATE: Cuts...
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Tax bill's 'pass-through' rule will aid wealthy, not workers: criticsDecember 20, 2017
WASHINGTON (Reuters) - Wealthy business owners, such as President Donald Trump, stand to gain from a provision in the Republican tax bill that creates a valuable deduction for owners of pass-through...
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U.S. tax cuts won't make housing more affordable: analystsDecember 20, 2017
(Reuters) - The U.S. tax overhaul as currently proposed will make housing less affordable, according to nearly half of the property market experts polled by Reuters, with another third saying it...
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Instant View: House approves biggest tax overhaul in 30 years, Senate nextDecember 19, 2017
Story: KEY POINTS:The biggest overhaul of the U.S. tax system in more than 30 years could be signed into law by President Donald Trump as soon as Wednesday, if both chambers of Congress approve it....
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House Passes Major Tax BillDecember 19, 2017
The Republican-controlled U.S. House of Representatives approved sweeping, debt-financed tax legislation on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package...
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Congress poised to approve biggest tax overhaul in 30 yearsDecember 19, 2017
WASHINGTON (Reuters) - The Republican-controlled U.S. Congress will begin voting on Tuesday on the biggest overhaul of the U.S. tax system in more than 30 years, with little standing in the way of...
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Republicans appear all but certain to pass tax legislationDecember 18, 2017
WASHINGTON (Reuters) - The Republican-controlled U.S. Congress appeared all but certain to pass sweeping tax legislation this week after two Senate Republican holdouts agreed on Monday to support a...
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Factbox: What's in the final U.S. Republican tax bill December 18, 2017
BUSINESSCORPORATE TAX RATE: Cuts corporate income tax rate to 21 percent from 35 percent, beginning Jan. 1, 2018.PASS-THROUGHS: Creates a 20 percent deduction for the first $315,000 of qualified...