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...

Increasing the $19 Trillion Debt Is Built into Clinton and Trump’s Tax Plans

By Rob Garver

Of all the people frustrated that the presidential election of 2016 has been mired in details about Hillary Clinton’s emails and Donald Trump’s various offenses against common decency, few are more...
Taxpayers Are Avoiding Billions in Taxes Due to Lax IRS Enforcement

By Eric Pianin

Taxpayers are avoiding billions of dollars in withholdings annually because of lax enforcement by the Internal Revenue Service, according to a recent audit by the Treasury Inspector General for Tax...
The IRS Spent $12 Million on Software It Couldn’t Possibly Use

By Jacqueline Leo

The first thing that even a child knows before s/he asks for a new video game for her birthday is whether it will play on that old PlayStation II. Like any software or hardware that’s connected to a...
Seven of the Most ‘Frivolous’ Claims Made by IRS Scofflaws

By Eric Pianin

Republican Presidential nominee Donald Trump may have used a $916 million business loss in 1995 to legally avoid paying federal income taxes for up to 18 years, but the real estate billionaire did...
Dodging Taxes? Trump’s Got Nothing on Apple, Citigroup and Nike

By Beth Braverman

Forget about Donald Trump. While the GOP presidential nominee may say he “brilliantly” took advantage of tax laws to avoid paying personal taxes, America’s largest companies do the same for their...

Search form