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...

The Gutless Mandate Means Taxes Will Fund the ACA

By Eugene Steuerle, The Fiscal Times

As an economist, perhaps I shouldn’t be writing this piece. In delivering the opinion of the Court on the Accountable Care Act, Chief Justice Roberts makes an indirect attack on economists: “To an...
Roberts Saves Health Law and Maybe Obama's Job

By Eric Pianin

President Obama and Chief Justice John Roberts have had cool relations at best throughout their careers, but on Thursday Roberts may have saved Obama’s political career and legacy by siding with the...
Why the Health Care Mandate 'Tax' Is a Paper Tiger

By Maureen Mackey, The Fiscal Times

The financial consequences to small businesses, investors and consumers are now top of mind following today’s Supreme Court ruling that left intact almost all of the Affordable Care Act, otherwise...
Veepstakes: ‘Plain’ Pawlenty in Top Tier for Ticket

By Eric Pianin and Maureen Mackey

Last summer, former Minnesota governor Tim Pawlenty looked washed up after he dropped out of the GOP presidential campaign after a poor showing in the Iowa straw poll. But his months of loyal support...
IRS Blows the Whistle on Referee Tax Evader

By Maureen Mackey, The Fiscal Times

Peter Lulo, 54, a former basketball referee from Brooklyn, New York, has pled guilty to tax fraud and admitted not filing any returns from 2005 to 2008 – all while raking in more than $63,000 from...

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