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...

5 Reasons Not to Worry About the ‘Dreaded’ Sequester

By Josh Boak and Eric Pianin, The Fiscal Times

With the automatic spending cuts kicking in next week, it’s tough to separate fact from bluster. Both the Obama administration and congressional Republicans chose this week to go with finger-pointing...
State Income Taxes: One Piece of a Complex Revenue Pie

By Bruce Bartlett, The Fiscal Times

State taxes are once again making headlines. When California recently raised its top income tax rate to 13.3 percent, pro golfer Phil Mickelson threatened to leave the state for the no-income tax...
Two Decades of Waste, Fraud and Abuse—Still No Fix

By Brianna Ehley, The Fiscal Times

Since 1990, the Government Accountability Office has issued a “high risk” report at the start of each session of Congress listing the federal government agencies, programs and initiatives most...
Obama Pushes Short-Term Delay of Sequester Cuts

By Zachary A Goldfarb, The Washington Post

President Obama injected fresh urgency Tuesday morning into discussions over how to avoid deep, automatic cuts to domestic and defense spending that are set to take effect in 10 days.
A Mediator’s Guide to a Sequestration Alternative

By Ava Abramowitz, The Fiscal Times

OP ED : Sequestration is a bad idea. It hurts business. It hurts people. It hurts government. It is also totally unnecessary. Republicans and Democrats can agree about all of this, but there are...

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