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 Starts New Term with Multiple Challenges

By Steve Holland and Jeff Mason, Reuters

President Barack Obama took the official oath for his second term on Sunday at the White House in a small, private ceremony that set a more subdued tone compared to the historic start of his...
California Slams Silicon Valley with Retroactive Tax

By Henry Blodget, The Business Insider

As a way of encouraging entrepreneurs and investors to start companies in California, the state has long offered a tax deduction for those who start, invest in, and eventually sell companies.
Defense Cuts Could Burst the D.C. Business Bubble

By Josh Boak and Eric Pianin, The Fiscal Times

For decades, the Washington area has flourished, and escaped the worst of the recession, thanks to government spending fueled by deficits. But the boom times are beginning to fade. The wars in...
Tax Reform Gets Green Light in GOP-Run States

By Nanette Byrnes, Reuters

Hopes for overhauling the federal tax system are fading in Washington, but in some state capitals, tax reform experiments are fast taking shape. Across the South and Midwest, Republicans have...
House Goes Senate One Better with Pork Laden Sandy Bill

By Eric Pianin

House Republicans criticized Senate Democrats for filling the fiscal cliff deal with pet projects and pork barrel spending, but next week the House will vote on its version of $50.6 billion in...

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