Taxes

Robert Samuelson: Why Trump’s Tax Reform Won’t Work

By Jacqueline Leo

It’s hard to imagine that tax reform is No. 1 on the Republicans’ to-do list when they still don’t have a 2018 budget. Worse, they still haven’t agreed to raise the debt ceiling, as the federal...
Gary Cohn: Here's What We Want From Tax Reform

By Michael Rainey

Gary Cohn, President Trump’s top economic adviser, told the Financial Times Friday that the White House will begin a sustained push on tax reform starting next week. The president will hit the road...
Wild About Tax Cuts, Wall Street Forgets Its Deficit Worries

By Yuval Rosenberg

Max Abelson at Bloomberg Businessweek details how the titans of Wall Street and others in finance — think Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian...
Where’s Trump on Tax Reform Push?

By Yuval Rosenberg

The push to promote tax reform to the public is on in force: House Speaker Paul Ryan talked about it at a visit to Intel yesterday and again today at Boeing in Everett, Washington. House Republicans...
Corporate America Is Putting Its Muscle Behind Tax Reform Push

By Michael Rainey

Speaker of the House Paul Ryan (R-Wis.) is visiting Intel Corp. in Oregon today, and it’s not just to discuss the latest computer chips. Ryan’s trip is part of a larger effort by Republicans — and...

Tax Reform Consensus Taking Shape — but Can It Last?

By Yuval Rosenberg

The “Big Six” members of Congress and the Trump administration negotiating a tax reform package are making progress. The group has reached a “broad consensus” on the key question of how to pay for...
When Politicians Start Talking ‘Tax Reform,’ Check Your Wallet

By Rob Garver

If Congress ever actually gets around to pursuing tax reform, voters should expect to hear lots of talk about the benefits that would derive from an overhaul of the nation’s barnacle-encrusted tax...
Here’s How Trump Could Get Democrats’ Help on Tax Reform

By Rob Garver

The Trump administration has been reaching out to ‘Blue Dog’ Democrats to talk about possible areas of agreement on tax reform.
Are You Rich? Tax Reform May Answer That Question for You

By YLAN Q. MUI, CNBC

Whether to raise taxes on the rich is one of the thorniest issues in tax reform. Underlying that debate is an even more fundamental question: Who exactly qualifies as wealthy? Everyone can agree that...
Meet the Man Who Could Determine Your Tax Bill Next Year

By Rob Garver

All the promises coming from the Trump administration and the Republican leadership in Congress about plans to enact a massive rewrite of the federal tax code have been greeted with caution by much...

U.S. Global Companies Make More, Pay Less in Taxes

By Jia Lynn Yang, The Washington Times

Companies listed on the current Dow 30 pay less than half in federal income tax on their profits than they did in the 1960s and early 1970s.
TurboTax Maker Spent Millions to Keep Your Taxes Complex

By Liz Day, ProPublica

Intuit has spent about $11.5 million on federal lobbying in the past five years — more than Apple or Amazon. Although the lobbying spans a range of issues, Intuit's disclosures pointedly note that...
$1 Trillion in New Taxes from Health Reform Is Coming

By Eric Pianin

The Senate last week voted as part of its new budget to repeal a new sales tax on medical devices created to help finance the Affordable Care Act. While the 79-to-20 vote to kill the tax was largely...
Pricey Health Plans at Work Hit Consumers Hard

By Michele Andrews, Kaiser Health News

Historically, one of the perks of working at a big company has been generous health benefits with modest out-of-pocket costs. But increasingly, large companies are offering their employees only one...
How Gay Marriage Can Help Reduce the Deficit

By Jacqueline Leo

When you strip away all the religious and personal objections to gay marriage and focus solely on the fiscal and economic impact, you get an interesting picture.

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