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...

8 Smart Ways to Lower Your Taxes in Retirement

By Steve Yoder, The Fiscal Times

Planning your income in retirement—and reducing your overall tax bill— is critical to making your money last. Here are nine ways to manage your tax bite after you leave the workforce.
How Paul Ryan Would Erase Obama’s Social Contract

By Eric Pianin and Josh Boak

For House Budget Committee Chairman Paul Ryan, the end justifies the means. On Tuesday, the Wisconsin Republican launched his new budget plan, which borrows heavily from his three previous endeavors...
Wasted Federal Space Costs Taxpayers $51M a Year

By Brianna Ehley, The Fiscal Times

A new Government Accountability Office audit found that between 2000 and 2010, taxpayers spent $835 million in extra construction costs for 33 courthouses that were overbuilt by more than 3.5 million...
Why These Budget Plans Are More Fiction Than Fiscal

By Josh Boak and Eric Pianin, The Fiscal Times

When Republican Congressman Paul Ryan unveils his budget plan today, it will get probed, prodded, and debated for its ideas about balancing the budget over 10 years. If the recent past is any guide,...
Lobbyists Mobilize Over Reforming the Tax Code

By Jerry Markon, The Washington Post

An army of lobbyists has been mobilizing in the halls of Congress over recent months in anticipation of what could be a monumental struggle later this year over reforming the tax code. While the...

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