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...

Obama’s State of the Union: What to Watch For Tonight

By Josh Boak, The Fiscal Times

President Obama faces a tall order tonight as he talks about the economy, the federal budget, gun control, climate change, and a slew of foreign policy concerns. He rose to prominence for his...
State of the Union: Why Obama Must Go Big on Jobs

By Josh Boak and Eric Pianin, The Fiscal Times

The contents of President Obama’s State of the Union address next week aren’t a state secret. He’s already been spelling out his second term agenda in his inaugural address two weeks ago and a...
Obama to Focus on Jobs in State of the Union

By Scott Wilson, The Washington Post

President Obama will concentrate his State of the Union speech Tuesday on the economy, shifting the emphasis away from the broad social agenda of his second inaugural address to refocus attention on...
How the Sequester Will Affect Consumers and Business

By Eric Pianin

As President Obama and Republican congressional leaders clash this week over whether to allow an $85 billion of across the board cuts in defense and domestic spending to take hold beginning March 1,...
How the New Tax Law Screws the Upper Middle Class

By Jennifer Johnson, The Fiscal Times

The tax changes in 2013 limits the number of exemptions and deductions a high-income taxpayer is allowed. Here are a few strategies to lessen the pain.

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