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...

Trump’s Tax Plan Would Cost Trillions, but the Numbers Are a Moving Target

By Rob Garver

Many of the provisions are fairly straightforward, whether you agree with them or not. But the overall impact of the plan on the national debt remains unclear.
Trump Has a New Economic Plan, but the Numbers Still Don’t Add Up

By Rob Garver

The biggest surprise in the economic policy speech Donald Trump delivered in New York on Thursday wasn’t in his list of tax breaks, spending increases, or his promises of “amazing” economic growth...
The IRS Wants Its Share of the Multi-Billion Dollar Sharing Economy

By Janna Herron

The gig economy keeps growing, and that’s a problem for the IRS. More than 2.5 million taxpayers earned income in 2014 through sharing economy businesses such as Uber, Airbnb and Etsy, according to a...
An Obscure, Outrageous Reason Your Property Taxes Are So High

By Marc Joffe

In many parts of the country, they supply our water, fight our fires and help us get to work, but "special districts" are a form of government that receives very little attention. The lack of media...
Why the IRS May Delay Your Tax Refund Next Year

By Janna Herron

Many Americans won’t get their tax refunds next year until after mid-February no matter how early they file, according to the Internal Revenue Service . Starting next year, the IRS will hold tax...

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