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...

Who Should Pay for Big Bird and Downton Abbey?

By Liz Peek

Surprise! Federal spending rose 16 percent year-over-year in October, the first month of the new fiscal year. The deficit, now at $120 billion – was 22 percent higher than a year ago. This – in an...
Durbin on ‘Scary’ Need to Slow Medicare Spending

By Josh Boak, The Fiscal Times

Illinois Sen. Dick Durbin asked his fellow Democrats to swallow some tough medicine on cuts to Medicare: Even without the fiscal cliff, the health insurance program for seniors needs to trim its...
CEO: Health Care Tax Could Hinder Innovation

By Arlene Weintraub, The Fiscal Times

Gary Guthart, the CEO of Intuitive Surgical, talks about the potential effects of a new 2.3 percent excise tax on medical device sales, how the health care industry should be looking at costs, and...
Grover Norquist: 15 Things You Don't Know About Him

By Maureen Mackey, The Fiscal Times

He’s never been elected to public office, never appeared on any ballot – but Grover Norquist, 56, president of the conservative anti-tax group Americans for Tax Reform, can still claim to be among...
5 “Don’t Blame Me” Plans on the Fiscal Cliff Table

By Eric Pianin and Josh Boak

The two parties are trying to find a way of avoid falling off a fiscal cliff of nearly $600 billion worth of automatic tax increases and spending cuts that would reduce the deficit but send the...

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