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...

Like LBJ, Trump Is Loving the Role of America’s Dealmaker

By Liz Peek

Think Donald Trump is a one-off? Not quite -- in many ways, he appears a successor to LBJ. Following the unprecedented election of Donald J. Trump, many continue to look for precedents. The real...
Why Blue States Are the Big Winners in Trump’s Tax Plan

By John Harwood, CNBC

Placing voting returns alongside President-elect Donald Trump's tax plan documents a remarkable paradox of 2016. Trump won the presidency by rallying middle-American working-class whites against...
Deficit Hawks Take Trump on an Ominous Tour of the Fiscal Cliff

By Eric Pianin

More than eight of every ten dollars of federal revenue will go for “auto-pilot” spending on Social Security, Medicare, and interest on the government debt, gradually crowding out spending for other...
Looks Like Most Voters Disagree With Trump on Just About Everything

By Eric Pianin

On a host of issues ranging from abortion, immigration and national defense to climate change, tax cuts and race relations, a majority of voters disagree with President-elect Donald Trump on how best...
The IRS Doesn’t Know How to Write Contracts, and It’s Costing Us Millions

By Eric Pianin

Last month, the Internal Revenue Service got its hands slapped by the agency’s auditor for essentially wasting $12 million on computer software that was incompatible with its system. When the IRS...

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